Home / Europe / Turkey / Real Estate

Real Estate

We offer the benefit of longstanding experience in the real estate market, having advised on some of the biggest logistics, office and retail transactions in emerging Europe and Turkey to date. In an increasingly active property market, we can advise you on complex cross-border property portfolio sales and acquisitions across the region and we can provide industry-specific advice such as leasing agenda, construction and development projects and construction litigation. Whether you are in the logistics, retail, office, residential, hotels, infrastructure, renewable energy or student accommodation sectors, we have the specialists to help.

Through decades of experience of doing deals across Europe, our multi-jurisdictional teams adhere to the same templates, processes and standards, including project management. This means we can deploy specialist teams to advise you immediately, irrespective of where the real estate assets are. If you are launching or operating a real estate fund or setting up a real estate related joint venture, our funds and corporate experts can give you country-specific support. This approach allows us to guide your tax, planning, debt financing, construction and management issues in addition to your traditional real estate portfolio and property management work.


Feed

08/04/2022
The Pro­posed Dir­ect­ive on Cor­por­ate Sus­tain­ab­il­ity Due Di­li­gence – a step...
The Pro­posed Dir­ect­ive on Cor­por­ate Sus­tain­ab­il­ity Due Di­li­gence (the “CSDD Pro­pos­al”), pub­lished on 23 Feb­ru­ary 2022, aims to im­pose ob­lig­a­tions on com­pan­ies, their sub­si­di­ar­ies and their value chains...
07/03/2022
EU and UK Sanc­tions against Rus­sia: a fo­cus on the Fin­an­cial Sec­tor
In re­cent days the EU and the UK have ad­op­ted and ex­pan­ded a num­ber of  sanc­tions meas­ures against Rus­si­an and Be­larus­i­an in­di­vidu­als and com­pan­ies. This art­icle fo­cuses on re­strict­ive meas­ures dir­ec­ted...
01/03/2022
Pro­posed man­dat­ory cor­por­ate sus­tain­ab­il­ity due di­li­gence re­quire­ments...
On 23 Feb­ru­ary 2022, the European Com­mis­sion ad­op­ted a long-awaited pro­pos­al for a Dir­ect­ive on cor­por­ate sus­tain­ab­il­ity due di­li­gence for widely-defined spe­cified “com­pan­ies”. The pro­pos­als are wide...
22/02/2022
New FID­IC Green Book Re­leased: a rival to the First Edi­tion Red and Yel­low...
FID­IC has re­cently pub­lished the second edi­tion of its Short Form of Con­tract, the “Green Book”, as an up­date to the 1999 edi­tion. This re­lease is im­port­ant not only in terms of the re­vised or new...
09/02/2022
Com­mer­cial rent pay­ments Tur­key
Gen­er­al over­view Since the COV­ID-19 out­break in March 2020, the Turk­ish gov­ern­ment has taken vari­ous meas­ures af­fect­ing al­most all sec­tors. These meas­ures in­cluded curfews, travel re­stric­tions between...
10/01/2022
CMS Next
What’s next? In a world of ever-ac­cel­er­at­ing change, stay­ing ahead of the curve and know­ing what’s next for your busi­ness or sec­tor is es­sen­tial.At CMS, we see ourselves not only as your leg­al ad­visers but also as your busi­ness part­ners. We work to­geth­er with you to not only re­solve cur­rent is­sues but to an­ti­cip­ate fu­ture chal­lenges and in­nov­ate to meet them.With our latest pub­lic­a­tion, CMS Next, our ex­perts will reg­u­larly of­fer you in­sights in­to and fresh per­spect­ives on a range of is­sues that busi­nesses have to deal with – from ESG agen­das to re­struc­tur­ing after the pan­dem­ic or fa­cing the di­git­al trans­form­a­tion. We will also share with you more about the work that we are do­ing for our cli­ents, help­ing them in­nov­ate, grow and mit­ig­ate risk.To be able to provide you with the best sup­port, we im­merse ourselves in your world to un­der­stand your leg­al needs and chal­lenges. However, it is equally im­port­ant that you know who we are and how we can work with you. So, we in­vite you to meet our ex­perts and catch a glimpse of what is hap­pen­ing in­side CMS.En­joy read­ing this pub­lic­a­tion, which we will up­date reg­u­larly with new con­tent.CMS Ex­ec­ut­ive Team
25/08/2021
CMS Real Es­tate Glob­al Bro­chure
Glob­al­isa­tion, polit­ic­al tur­bu­lence, changes in urb­an liv­ing pat­terns, in­creased di­git­isa­tion, shift­ing con­sumer be­ha­viour and flex­ible work­ing are just some of the is­sues that are trans­form­ing the de­mands...
27/07/2021
Our real es­tate cap­ab­il­ity at your ser­vice
We are over 800 qual­i­fied real es­tate law­yers work­ing in real es­tate and con­struc­tion, span­ning 46 coun­tries and 75 cit­ies. The CMS Real Es­tate prac­tice is the largest real es­tate spe­cial­ist team in Europe and one of the biggest world­wide. Cli­ents are at the heart of our busi­ness; we put you first.Our em­phas­is is not just on be­ing great tech­nic­al law­yers but also on un­der­stand­ing our cli­ents and their busi­ness; you and what makes you spe­cial; build­ing strong re­la­tion­ships with you; and bring­ing you our know­ledge and ex­per­i­ence.We have been act­ive in real es­tate in our mar­kets for dec­ades, so we un­der­stand the cul­ture, the eco­nom­ic con­text, the loc­al leg­al con­text and the his­tory. Many of our col­leagues have worked in-house or on second­ments to cli­ents to fur­ther de­vel­op their know­ledge of the real es­tate sec­tor. We know it in­side out. That is why we are known for be­ing strong on ex­e­cu­tion and provid­ing con­cise, com­mer­cial and prag­mat­ic ad­vice.Most of us fo­cus full time on real es­tate and serve a cli­ent base of de­velopers, own­ers, oc­cu­pi­ers, con­struc­tion con­sor­tia, as­set man­agers and in­vestors, among oth­ers across all as­set classes.CMS has the largest real es­tate teams across three ma­jor European jur­is­dic­tions – the UK, France and Ger­many – and is the largest real es­tate spe­cial­ist team in Europe and one of the biggest world­wide.We work ef­fi­ciently both loc­ally and in­ter­na­tion­ally be­cause we know each oth­er: we meet face -to face, con­nect reg­u­larly, work on shared mat­ters, train to­geth­er and ad­here to the same stand­ards, tem­plates and pro­cesses, in­clud­ing pro­ject man­age­ment. That makes it easy to de­ploy mul­tidiscip­lin­ary teams – in­clud­ing funds, con­struc­tion, de­vel­op­ment, plan­ning, cor­por­ate, bank­ing, tax and in­solv­ency spe­cial­ists, or even not­ar­ies where it is al­lowed – with the sim­pli­city of a single point of con­tact, even at mul­tina­tion­al level.You will find out more about the great things we do for our cli­ents in the be­low sec­tion. Feel free to get in touch with the loc­al con­tacts for spe­cif­ic coun­try re­quests.
01/06/2021
Some leaks can­'t be fixed
“Con­fid­en­tial in­form­a­tion is like an ice cube... give it to the party who has no re­fri­ger­at­or or will not agree to keep it in one, and by the time of the tri­al you have just a pool of wa­ter.” This...
28/04/2021
Chal­len­ging bond calls on in­ter­na­tion­al pro­jects: Eng­lish courts vs Emer­gency...
A re­cent de­cision of the Eng­lish Com­mer­cial Court has re­fused an ap­plic­a­tion for an in­junc­tion re­quir­ing a be­ne­fi­ciary un­der an on-de­mand bond to with­draw its de­mand and re­frain from mak­ing fur­ther de­mands...
21/04/2021
Real es­tate trans­ac­tion costs and taxes in Tur­key
1. Due di­li­gence costs for the pur­chase of real es­tate 1.1 Mu­ni­cip­al search Cost Free of charge (to veri­fy pay­ment of real es­tate taxes and identi­fy cur­rent value). Vari­able de­pend­ing on the mu­ni­cip­al­ity...
06/04/2021
EU is­sues draft of Di­git­al Mar­kets Act aimed at cre­at­ing a new and fair...
The European Com­mis­sion has pub­lished a draft pro­pos­al for a new com­pet­i­tion law frame­work for large on­line plat­forms, called the Di­git­al Mar­kets Act (DMA). The Com­mis­sion pro­posed the DMA due to the...