Construction and real estate are one of the leading and booming sectors in Turkey which attracts most local and foreign investments. There are many infrastructure projects running on the one hand such as airports, ports, highways, bridges, road tubes, railways, energy power plants while the demand for real estate is still very high that is additionally cultivated by urban transformation projects in many big cities.
GSI’s involvement in landmark projects puts it in a very advantageous position in construction sector as well. We have a broad and comprehensive experience and expertise of giving legal services in almost all types of engineering, procurement and construction projects that includes one of the biggest airport construction projects not only in Turkey but also in the world, construction of ports, units in health industry and many energy power plants along with conventional residential projects. We advise some undertakers of urban transformation projects which involves highly complex and integrated legal problems, from tender process to expropriation, litigations, disputes, alternative dispute resolution techniques and where necessary to resolve disputes. GSI is also experienced in the use of the construction contract employed internationally, including the FIDIC.
The key matter in such sizable projects is to make sure that the project would not be interrupted or delayed which can bring many legal and financial risks and complexities. It is therefore highly important to anticipate and develop a sound strategy to deal with the matters and implement it in most effective and efficient way and that is what GSI promises to its clients.
Our construction and real estate lawyers within corporate department advise and assist sponsors, developers, investors, contractors, sub-contractors, suppliers, joint venture companies and funders on engineering, procurement and construction projects, acquisitions, tax efficiency opportunities, alternative finance and investment models for property and other issues that involve administrative requirements such as planning, permission, expropriation, environment or construction law.