Adason Internatonal Real Estate Consultancy Inc., besides project development for investors, is an active company also in the urban transformaton projects. Detecting the urban transformation regions, organizing the investing and financing of the projects, determining the powerful constructon companies to develop the project together with the investor and monitoring the project are some of the services within the scope of our activites.

The expectatons of the Government point out to 250 Billion US Deollars investments in the next 20 years. The regulation giving the permission to non- Republic of Turkey citizens to become property owners is affecting positively the process. The Government is evaluating the urban transformaton as the most important growth instrument in the coming period.

70% of the buildings in Istanbul are carrying the earthquake risk. Our target is to renew the buildings in the regions identified as risk areas, to increase the social and green areas, to create project models which would be beneficial for both the investors and owners, by respectng the owners’ rights. At this stage Adason is organizing the works together with its engineering technical teams.

Istanbul is the city where the urban transformaton has become imperative and with the most risk carrying buildings in Turkey.

– Studies for the identificaton of the risk areas.

– Obtaining the approial of the Ministry.

– Concluding the agreements with the Municipalites.

– Activites regarding the process

1. The identificaton of the owners

2. The valuaton study of the owners’ propertes in the present status

3. The feasibility study for creating the best usage area

4. Preparing the 1/5000, 1/1000 scale city plans

5. The calculaton of the Project values (defining the investors’ and owners’ shares)

6. The realization of the meetings with the owners for signing the contracts.