Real Estate Development

İlbak Holding has bold targets in real estate, as it does in all sectors in which it operates.

Real Estate Development in Turkey

Diverse factors have fueled the rapid growth of Turkey's real estate development sector. They range from an increasing population to influx of people into cities, from urban transformation projects to urbanization and housing endeavors. In 2015 it grew by approximately 20%. Such steep growth necessitates new projects to meet mounting demands, and real estate development has become a sector in which companies offering smart, competitive approaches, quality products and first-rate after-sales services thrive.

İlbak Holding in the Real Estate Sector

İlbak Holding has reorganized its real estate development approach to fit its core business standards, putting greater emphasis on the experience, expertise and equipment it has gained from successfully completed past development projects. İlbak Holding has bold targets in real estate, as it does in all sectors in which it operates.

Future Plans

As part of the Super 8 Hotels Project initiated by İlbak Tourism Group's master franchising agreement with Wyndham Hotels, İlbak Building Co. will construct 20 new hotels in Turkey before the year 2024. Wyndham Hotels is the world's largest hotel group, with some 7,380 hotels and 631,800 rooms in 66 countries. Combining quality and comfort, Super 8 offers 18 to 20 m2 rooms designed to meet any and all of the business world's hospitality needs.

The company will also pursue additional new housing ventures, taking the helm of land provision processes, project management and construction phases.

İLBAK COMPANIES IN THE SECTOR

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I. Disclosure Statement

1. Introduction

This disclosure statement was prepared in order to ensure that personal data of our visitors are processed in accordance with the Constitution of Turkish Republic and international conventions on human rights which our country is a party and with the related legislation, in particular the Law on the Protection of Personal Data (”KVKK”) No. 6698 as İlbak Holding Anonim Şirketi (”Company”) and that persons whose personal data are processed to be able to exercise their rights efficiently. All personal data shared with our Company shall be processed legally, in connection and calibration with our activities and service purposes.

2. Definitions

Personal data, specific personal data and data processing terms used in this disclosure statement are used in accordance with the definitions within KVKK. “Personal data” term mentioned in KVKK refers to all kinds of information on the identified or identifiable real person; “Processing of personal data” term refers to all kinds of transactions made on data such as collecting, recording, retaining, maintaining, changing, rearranging, disclosing, transferring, taking over, making collectable, classifying or restricting the personal data provided that it is a part of any data recording system that is completely or partially automatic.

3. Principles of Processing Personal Data

As per the Article 4 of KVKK, personal data belonging to the data subject shall be processed by the data controller Company in accordance with the law and integrity rules, accurately and for up-to-date, specific, clear and legitimate purposes when needed; in connection with the purpose they are processed, limited and calibrated; in accordance with the retention rules which applied for the purpose they are processed.

4. Purposes of Processing of Personal Data

Your personal data shall be processed in order to:

within the scope of the personal data processing requirements and purposes set out in Articles 5 and 6 of the KVKK Law.

5. Transferring Your Personal Data

Our company acts in accordance with the regulations set out in the KVKK in relation to the transfer of personal data. Without prejudice to the exceptional cases specified in the legislation, personal data and specific data are not transferred to other real or legal persons without the explicit consent of the data subject. In exceptional cases, as stipulated by KVKK and other legislation, attention is paid to comply with the requirements and limitations indicated in the legislation during the transfer of personal data to authorized administrative or judicial institutions or private organizations.

Your personal data may be transferred to,,

Within the framework of the procedures and principles stipulated in the relevant legislation and in accordance with the personal data transfer conditions and purposes indicated in the Article 8 and 9 of the KVKK.

6. Collection Method of Personal Data / Specific Personal Data and Legal Cause

Your personal data are collected through automatic methods, by entering the hotspot system within the websites owned by the Company, by obtaining information by the data subject in person or by the submission of requests and forms through the system and by recording the transactions realized after logging in the system.

The legal causes for the processing of your personal data by the Company are those that are exceptions to the explicit consent stated in the clauses (ç), (e) and (f) of the second paragraph of the Article 5 of KVKK with the consent of the data subject in the Explicit Consent text in accordance with the first paragraph of Article 5 of the KVKK. Your personal data is collected by our Company in accordance with all applicable laws and regulations and in accordance with the legal causes set forth in Articles 4 and 5 of this Disclosure Statement.

7. Rights of the Data Subject Indicated in Article 11

By applying to the Company acting within the capacity of data controller, data subjects are entitled to; learn whether his/her data are processed, request information in the event his/her personal data is processed; learn the purpose of the personal data processing and whether they are used in accordance with their purpose; be informed on the third parties which the personal data are transferred domestically or internationally; request correction in the event the personal data are processed deficiently or incorrectly; request his/her personal data to be deleted or destructed within the framework of the conditions stipulated in the Article 7 of the KVKK no.6698; request the transactions made as per the clauses (d) and (e) of the Article 11 of the KVKK to be notified to the third parties which the personal data are transferred; object the occurrence of a result against him/her upon analysis of the processed data with automatic systems explicitly; request indemnification of damages in the event a damage is occurred in the event of processing of personal data illegally.

Explicit Consent

I have read and understood the aspects indicated in the disclosure statement prepared in accordance with the Law on Protection of Personal Data No. 6698. In relation to the processing and transferring of my personal data within the scope of the purposes and principles indicated in the Disclosure Statement, I give my consent