13 Projects from the Portfolio of One of the Top Builders in TurkeyEhsan Bayat

Rönesans Holding, a large construction company based in Turkey, gained a new key shareholder in July. The deal involves a $215 million investment from the International Finance Corporation (IFC), the premier global development company operating in the private sector.

IFC selected Rönesans in part due to its location. Turkey is one of the top-ranked nations for investments, accumulating $1.8 billion in investments in fiscal 2015. In addition, both Rönesans Holding and IFC previously partnered on a hospital construction project in Adana. With the new agreement, IFC plans to expand the international influence of Rönesans.

Since 1993, Rönesans has completed multiple builds as the main contractor and investor in Turkey and 20 other countries in the Middle East, Africa, and Europe. Projects range from high-rise towers to municipal infrastructure. Following are 13 Middle East projects from the portfolio of Rönesans Holding.

1. College of Media and Communication for Education City – Doha, QatarRönesans collaborated with the Qatar Foundation to build the College of Media and Communication. Encompassing roughly 14 square kilometers, the development will ultimately comprise 30 buildings for students ranging from grade school to graduate level. Northwestern University in Qatar is one of the many expected to establish a branch at CMC.

2. Park Gulan – Erbil, IraqThe Park Gulan features three buildings: a residential tower, an office tower, and a shopping mall. The contract terms include the completion of all of the structural, architectural, and electromechanical aspects. Altogether, the project generated more than 182,000 square meters of built-up real estate in Iraq.

3. Alsunbula Stadium – Al Diwaniyah, IraqCompleted in 2015, Alsunbula Stadium, its training area, and parking spaces span roughly 250,000 square meters. The facility accommodates 30,000 patrons in the stadium, along with 75 rooms in a four-star hotel. In addition, the project features space for retail and landscaping.

4. Adana Integrated Health Campus – Adana, TurkeyAn agreement finalized in 2013 on the Adana Integrated Health Campus (AIHC) will contribute to the goal of 30 new health care facilities instituted by the Ministry of Health of Turkey. AIHC will feature centers for oncology and cardiology, as well as pediatric and general hospital wings, among other accommodations.

5. Adana Optimum Shopping Center – Adana, TurkeyBuilt in the quickly growing Yuregir district, Adana Optimum Shopping Center opened in 2011 and features a variety of retail and entertainment venues. The structure includes a hypermarket, 25 restaurants, and a 10-theatre cinema. In addition, Adana Optimum offers parking for 1,200 vehicles.

6. Istanbul Optimum Shopping Center – Istanbul, TurkeyThe Instanbul Optimum is a large shopping mall that has operated since 2008. With a total of five floors, the structure features retail space for leading brands, a technomarket, and a construction market. A 541-square-meter ice rink stands out among its many features.

7. Sanliurfa Piazza Shopping Center – Sanliurfa, TurkeyRönesans has pursued a number of projects under the “Piazza” brand, and this is third one. The property, which opened in 2013, features more than 43,000 square feet of gross rentable real estate. Easily accessible, the Sanliurfa Piazza is a valuable retail destination located just outside of the downtown area.

8. Kahramanmaras Piazza Shopping Center – Kahramanmaras, TurkeyOpened in 2013, the Kahramanmaras Piazza is a shopping and fitness center. Situated near Kahramanmaras downtown, the project features retail space for medium- and upper-medium income groups. Along with stores and markets, the Piazza features a cinema hall.

9. Sanko Park Shopping Center – Gaziantep, TurkeySanko Park Shopping Center, which is the largest mall in the region, covers more than 126,000 square meters. A hypermarket, movie theatre, and an ice rink headline the attractions that have caught the attention of patrons from Turkey, Iraq, and Syria.

10. Bodrum Yalikavak Hotel – Bodrum, TurkeyThe Bodrum Yalikavak hotel project spans more than 21 acres and consists of 93 guest rooms spanning three blocks. An array of complementary facilities includes restaurants, fitness areas, and a ballroom. Bodrum guests all enjoy a view of the nearby sea.

11. Neva Mansions – Ankara, TurkeyRönesans finished this residential project in 2009. The Neva Mansions cover 12 blocks of land and feature 90 homes, ranging from 180-395 square meters in size. Designed by a team of international architects, the residences feature the latest in materials and building practices.

12. Izmir Extanion – Izmir, TurkeyThe Izmir Extnanion is another “Optimum” brand project. Based in the Gaziemer district of Izmir, the property sits between the Adnan Menderes Airport and the city center. The Izmir Optimum carpark houses 1,572 vehicles.

13. TED Rönesans College – Istanbul, TurkeyTED Rönesans College is the result of a collaboration between the Turkish Educational Association (TED), the Renaissance Educational Foundation, and Rönesans Holding. The institution, which opened in 2014, has a capacity for 1,200 students. TED Rönesans College led the way as the first private school in Turkey to obtain LEED Gold Certificate for its sustainable design.