Artificial Intelligence
Builders Company
Developers/Zorlu Gayrimenkul
ZG
Zorlu GayrimenkulIstanbul, Türkiye · founded 2006 · 1 active markets
SUBSIDIARY

Zorlu Gayrimenkul develops and operates residences, offices, hotels, shopping centers, hospitals, cultural facilities and commercial warehouses, principally in Turkey, serving residents, businesses, visitors and institutional tenants through mixed-use and commercial projects.

Years in business
20
founded 2006
LinkedIn headcount
135
employees, as shown on LinkedIn · size band 51–200
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Zorlu Gayrimenkul Geliştirme ve Yatırım Anonim Şirketi1
Headquarters
Levazım Mah. Koru Sok. No:2, 34340 Zincirlikuyu/Beşiktaş - İstanbul1, Istanbul1, Turkey
Founded
20061
Entity type
SUBSIDIARY1
Business model
commercial1, mixed use1
Markets
1 market listed
What they build
Hotel residences (1 of 1)
Full dossier in About →

Delivery record

0 date-assessed of 1 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
1
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Resident experience

1 of 1 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (1 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
8.2/ 10
Fabric, services, waterproofing, envelope · from 1 of 1 rated building
Management & living
8.2/ 10
Upkeep, response times, amenities, community · from 1 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Türkiye yet to compare against.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Reported February 26, 2026 Reuters reported that Zorlu Holding—not specifically Zorlu Gayrimenkul—had begun talks with lenders to restructure its debt, with Zorlu AVM among assets reportedly pledged as collateral; the report did not say that Zorlu Holding had defaulted, and this is a group-level risk rather than a finding that the developer itself defaulted.
  • LEGAL Court decision July 13, 2023; reported November 13, 2023 A 2021 action by İzmir’s Chamber of City Planners concerning the Zorlu Konak skyscraper was followed by a July 13, 2023 court decision annulling the zoning plan underlying the construction and alteration permits; a November 2023 report said planning and project work was nevertheless continuing, while also noting that the court had not substantively assessed the permit itself.
  • REGULATORY Reported May 28, 2022 In the Zorlu Konak matter, the İzmir authorities reduced the permitted height after objections based on the city and Kadifekale skyline, and the objection attributed to Zorlu Gayrimenkul was rejected by the relevant municipal commission by majority vote.
  • 2 more in Risk & Sources
Record status
active
Company sources
77 source entries across 77 fields
Projects tracked
1 · 1 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 1 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
1
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

1 of 1 projects dated · 1 place
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Istanbul, Türkiye
20172018201920202021202220232024202520262027todayISTANBUL, TÜRKIYEcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

1 of 1 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
9.7/ 10
Weighted judgment across build and operations · from 1 of 1 rated building
Little structure evidence (1 of 1 building) — this rests mainly on whole-building and living reviews.
Structure & systems
8.2/ 10
Fabric, services, waterproofing, envelope · from 1 of 1 rated building
Management & living
8.2/ 10
Upkeep, response times, amenities, community · from 1 of 1 rated building

Against other developers

not enough rated buildings yet
Not enough rated buildings in Türkiye yet to compare against.

By building

1 rated · 0 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Raffles Residences IstanbulBeşiktaş, Istanbul66 units
9.7/ 10
8.2/ 10
Booking.com 9.5/10, 9.4/10 · 209 reviews · booking.com
Combined from 2 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2.
8.2/ 10
Booking.com 9.6/10, 9.5/10, 9.5/10, 8.7/10, 9.7/10 · 209 reviews · booking.com
Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.2.

Tripadvisor’s 4.9/5 from 1,338 guest reviews is the largest review base and converts to 10.0 under the specified curve. Booking.com provides a materially lower secondary signal, while the written feedback is still predominantly positive but records some aging equipment, an unavailable outdoor pool and location/traffic drawbacks; these justify a modest adjustment rather than a major reduction. The structure figure is limited to the published room/facility evidence and should not be read as an engineering assessment.

+ Spacious rooms+ Clean rooms+ Comfortable beds+ Strong water pressure+ Heated bathroom floors
− Aging AC and fittings− Broken bathroom item reported− Room iPad required rebooting
+ Attentive staff and butlers+ High-quality service+ Bosphorus views+ Zorlu Center convenience+ Strong cleanliness feedback
− Traffic and distance from historic center− Outdoor pool reported unavailable− Breakfast capacity complaint− High prices/value complaints

Guests generally describe the rooms as spacious, clean and comfortable, with one review specifically praising “excellent water pressure” and heated bathroom floors. Counter-evidence is limited but concrete: a guest said the hotel was “starting to feel tired,” with “AC, fittings all just a bit past it,” while another reported finding something broken in the bathroom; these are guest observations, not an engineering inspection.

Daily experience is described mainly in very favorable terms: guests call the staff “very polite,” “helpful and friendly,” and praise the butlers, twice-daily housekeeping and the convenience of being inside Zorlu Center. The main operational reservations were that “once the hotel was fully booked staff were not enough,” one guest found the breakfast buffet limited, and another reported that the outdoor pool “didn’t work.”

Only buildings that have reached handover are rated. 0 of 1 project carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Zorlu Gayrimenkul Geliştirme ve Yatırım Anonim Şirketi
Headquarters
Levazım Mah. Koru Sok. No:2, 34340 Zincirlikuyu/Beşiktaş - İstanbul, Istanbul, Turkey
Beşiktaş · 34340
Founded
2006
Istanbul, Turkey
Entity type
SUBSIDIARY
Revenue
TRY 269 million
2023
Business model
commercial, mixed use

Partners

3 partners
Raffles Hotels & Resorts
operator

Raffles Hotels & Resorts agreed to operate the hotel component of Zorlu Center under a 30-year management arrangement.

Karayolları 17. Bölge Müdürlüğü
government partner

Zorlu Yapı Yatırım A.Ş. became the owner of the Istanbul Zincirlikuyu land of the 17th Regional Directorate of Highways for the Zorlu Center project.

EAA architects
partner

The Zorlu Center project was developed in cooperation with EAA architects after the design competition.

Sources: partners

PRESSdate not shown in source

Zorlu Gayrimenkul, Raffles Hotel Resorts'la anlaştı!

Emlak Kulisi
Zorlu, Zincirlikuyu'daki projesinin parçalarından biri olan otelin işletmesi için dünyada 'premium luxury' klasmanın en önemli isimlerinden biri olarak anılan Raffles Hotel ile 30 yıllığına anlaştı
value seen: Raffles Hotel
https://emlakkulisi.com/zorlu-gayrimenkul-raffles-hotel-resortsla-anlasti/75009

Sources: partners

COMPANYdate not shown in source

Zorlu Gayrimenkul – Zorlu Gayrimenkul

Zorlu Gayrimenkul
Zorlu Yapı Yatırım A.Ş., Karayolları 17. Bölge Müdürlüğü'nün İstanbul Zincirlikuyu'da bulunan arazisinin yeni sahibidir.
value seen: Karayolları 17. Bölge Müdürlüğü
https://zorlugayrimenkul.com.tr/

Sources: partners

CONTRACTORdate not shown in source

ZORLU CENTER | TA_ Tabanlıoğlu Architects

Tabanlıoğlu Architects
Following the result of the competition, the project is developed in cooperation with EAA architects.
value seen: EAA architects
https://www.tabanlioglu.com/project/zorlu-center/

Registrations & licences

none found
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Türkiyeactive 1 project tracked

What they build

1 type
Hotel residences1 of 1
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AN
Ahmet Nazif Zorlu
Ahmet Nazif Zorlu is the founder-level controller of the Zorlu group. Zorlu Holding’s official biography says he established Korteks, consolidated the group under Zorlu Holding, acquired Vestel, and expanded into property development; it also says he chairs several Zorlu Group companies.
Current title
Chair of the Board, Zorlu Holding
Experience
no career length stated
Companies before
KorteksZorlu HoldingVestel
Education
not published
Other boards
Foreign Economic Relations Board (DEİK)Turkish Industry and Business Association (TÜSİAD)Mehmet Zorlu Education, Health, Culture, and Solidarity Foundation
Known for
FounderChair of Zorlu HoldingProperty-development group controllerKorteks founderVestel acquisition

Sources: other boards

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Ahmet Zorlu holds memberships in the Board of Directors of the Foreign Economic Relations Board (DEİK), the Turkish Industry and Business Association (TÜSİAD), ... Ahmet Zorlu conducts his social responsibility work through the Mehmet Zorlu Education, Health, Culture, and Solidarity Foundation
value seen: Foreign Economic Relations Board (DEİK); Turkish Industry and Business Association (TÜSİAD); Mehmet Zorlu Education, Health, Culture, and Solidarity Foundation
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: previous companies

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Establishing Korteks, his first manufacturing company, in 1976, Ahmet Zorlu gathered all of his companies under the roof of Zorlu Holding in 1990. Adding the Vestel brand to Zorlu Holding in 1994
value seen: Korteks; Zorlu Holding; Vestel
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: summary

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Establishing Korteks, his first manufacturing company, in 1976, Ahmet Zorlu gathered all of his companies under the roof of Zorlu Holding in 1990. Adding the Vestel brand to Zorlu Holding in 1994, he opened the door to new lines of business. Zorlu’s entrepreneurialism ... continued ... in property development.
value seen: established Korteks, consolidated the group under Zorlu Holding, acquired Vestel, and expanded into property development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: tags

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Establishing Korteks, his first manufacturing company, in 1976, Ahmet Zorlu gathered all of his companies under the roof of Zorlu Holding in 1990. Adding the Vestel brand to Zorlu Holding in 1994, he opened the door to new lines of business.
value seen: Founder; Chair of Zorlu Holding; Property-development group controller; Korteks founder; Vestel acquisition
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: title

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Ahmet Nazif Zorlu - Chair of The Board
value seen: Chair of The Board
https://zorlu.com.tr/en/corporate/management/organizationchart
ZZ
Zeki Zorlu
Zeki Zorlu is a founding family controller and senior group chair. The official biography says he co-founded Zorlu Holding with Ahmet Zorlu, played a key role in establishing and acquiring property-development companies, and chairs group companies in the property-development sector.
Current title
Honorary Chair of Zorlu Holding; chair of group companies in property development
Experience
no career length stated
Companies before
KorteksZorlu Holding
Education
not published
Other boards
Zorlu EnerjiTOBB Textile Industry Assembly
Known for
Co-founderHonorary ChairProperty-development group chairKorteks founderZorlu family controller

Sources: other boards

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Zeki Zorlu chairs various group companies in the industries of textile, energy, and property development. Actively engaged ... Zeki Zorlu is the Vice Chairman of the Textile Industry Assembly of the Union of Chambers and Commodity Exchanges of Turkey (TOBB).
value seen: Zorlu Enerji; TOBB Textile Industry Assembly
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: previous companies

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Adding manufacturing to their list of operations following the company headquarters’ relocation in İstanbul in 1970, Zeki Zorlu laid the foundations of Korteks in Bursa in 1976. Establishing Zorlu Holding together with his brother Ahmet Zorlu
value seen: Korteks; Zorlu Holding
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: summary

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Establishing Zorlu Holding together with his brother Ahmet Zorlu ... Zeki Zorlu played a key role in the establishment and acquisition of numerous companies in the industries of energy, tourism, and property development. ... Zeki Zorlu chairs various group companies ... in property development.
value seen: co-founded Zorlu Holding, played a key role in establishing and acquiring property-development companies, and chairs group companies in the property-development sector
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: tags

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Establishing Zorlu Holding together with his brother Ahmet Zorlu ... Zeki Zorlu played a key role in the establishment and acquisition of numerous companies in the industries of energy, tourism, and property development.
value seen: Co-founder; Honorary Chair; Property-development group chair; Korteks founder; Zorlu family controller
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: title

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Zeki Zorlu - Honorary Chair
value seen: Honorary Chair
https://zorlu.com.tr/en/corporate/management/organizationchart
OZ
Olgun Zorlu
Olgun Zorlu is a family shareholder and senior group decision-maker. Zorlu’s official profile says he has held management positions in Zorlu companies since 1988, has served on the Holding board since 1998, and is vice chair from 2022; independent reporting also identifies him as a co-owner of a Zorlu property-development company.
Current title
Vice Chair of the Board, Zorlu Holding
since as of 2022
Experience
no career length stated
Companies before
Zorlu Group companies
Education
University in the UKHigher education in textiles and business administration
Other boards
Meta Nikel (Chair)Zorlu EnerjiVestel White GoodsVestel Electronics
Known for
Vice ChairZorlu family shareholderSince 2022Property-development co-ownerBusiness development

Sources: education

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Olgun Zorlu began his professional career in 1986 after completing his higher education in textiles and business administration in the UK.
value seen: higher education in textiles and business administration in the UK
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: other boards

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
In addition to serving as the Chairman of the Board of Meta Nikel, Olgun Zorlu is also a Board Member at Zorlu Energy, Vestel White Goods, Vestel Electronics and various companies affiliated with Zorlu Holding.
value seen: Meta Nikel; Zorlu Energy; Vestel White Goods; Vestel Electronics
held out of the figures · the quote does not carry this value
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: previous companies

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
He started to serve in managerial positions at various Zorlu Group companies in 1988
value seen: Zorlu Group companies
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: since

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
A Zorlu Holding Board Member since 1998, Zorlu has assumed the position of Vice Chairman of the Board of Zorlu Holding as of 2022.
value seen: as of 2022
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: summary

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
He started to serve in managerial positions at various Zorlu Group companies in 1988 ... A Zorlu Holding Board Member since 1998, Zorlu has assumed the position of Vice Chairman of the Board of Zorlu Holding as of 2022.
value seen: held management positions in Zorlu companies since 1988; served on the Holding board since 1998; vice chair from 2022
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: tags

PRESS2023-12-12

Organization Chart | Zorlu

Zorlu Holding · carried by herbiremlak.com
Zorlu Holding Yönetim Kurulu Başkanı Ahmet Nazif Zorlu ve Zorlu Holding Yönetim Kurulu Üyesi Olgun Zorlu tarafından yeni bir şirket kuruldu. Marma Konut İnşaat A.Ş, Ahmet Nazif Zorlu ve Olgun Zorlu ortaklığında
value seen: Vice Chair; Zorlu family shareholder; Since 2022; Property-development co-owner; Business development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.herbiremlak.com/zorlu-holding-ten-324-milyon-tl-sermayeli-yeni-insaat-sirketi/571/

Sources: title

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Olgun Zorlu - Vice Chair of The Board
value seen: Vice Chair of The Board
https://zorlu.com.tr/en/corporate/management/organizationchart
BC
Bekir Cem Köksal
Cem Köksal is a senior group finance and governance executive with oversight relevance to the property portfolio. Zorlu’s current board profile records his banking and Vestel finance background, his former Zorlu Holding CEO period, and his continuing board roles at Zorlu Holding and group companies.
Current title
Board Member, Zorlu Holding; Board Member of group companies
Experience
no career length stated
Companies before
InterbankDenizbankVestel
Education
Boğaziçi UniversityMechanical Engineering
Bilkent UniversityMaster’s degree
Other boards
Vestel Group of CompaniesZorlu EnerjiToggUN Global Compact Turkey
Known for
Board memberFormer Holding CEOFormer CFOFinanceVestel
since Zorlu Holding board member since 2022

Sources: education

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Cem Köksal graduated from Boğaziçi University, Department of Mechanical Engineering in 1988, and completed his master's degree at Bilkent University in 1990.
value seen: Boğaziçi University; Bilkent University
held out of the figures · the quote does not carry this value
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: other boards

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
continues to serve as an Executive Board Member and Board Member at Vestel Group of Companies ... has been a Board Member of Zorlu Enerji since 2002 ... also a Member of the Board of Directors of Togg ... UN Global Compact Turkey
value seen: Vestel Group of Companies; Zorlu Enerji; Togg; UN Global Compact Turkey
held out of the figures · the quote does not carry this value
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: previous companies

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Köksal worked in the banking sector between 1990 and 2001 ... started working as Deputy General Manager at Denizbank in 1997 and joined Vestel in 2002
value seen: Interbank; Denizbank; Vestel
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: since

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
has also served as a Board Member at Zorlu Holding AŞ since 2022.
value seen: Zorlu Holding board member since 2022
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: summary

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Köksal worked in the banking sector between 1990 and 2001 ... joined Vestel in 2002 as the Chief Financial Officer ... assumed the role of Zorlu Holding Deputy CEO as of March 2024 ... has also served as a Board Member at Zorlu Holding AŞ since 2022.
value seen: banking and Vestel finance background, former Zorlu Holding CEO period, continuing board roles
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: tags

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
joined Vestel in 2002 as the Chief Financial Officer ... has also served as a Board Member at Zorlu Holding AŞ since 2022.
value seen: Board member; Former Holding CEO; Former CFO; Finance; Vestel
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: title

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Cem Köksal - Board Member and Deputy CEO
value seen: Board Member and Deputy CEO
https://zorlu.com.tr/en/corporate/management/organizationchart
İÖ
İlker Özcan
İlker Özcan is the operating head of Zorlu Center, a principal Zorlu real-estate asset. His official profile records civil-engineering and industrial-engineering graduate education, prior operating and general-management roles, and his appointment as Zorlu Center general manager on June 1, 2022.
Current title
Zorlu Center General Manager
since June 1, 2022
Experience
no career length stated
Companies before
Gondola Holdingİstanbul Doors GroupDream GroupMeri’s GroupZorlu Yapı Yatırım A.Ş. Gourmet Branch
Education
İstanbul Technical UniversityCivil Engineering
Leuven University, BelgiumMaster’s degree in Industrial Engineering
Other boards
none sourced
Known for
Zorlu Center GMMixed-use operationsCivil engineerIndustrial engineering master’sSince June 2022

Sources: education

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
İlker Özcan completed his undergraduate education at İstanbul Technical University’s Department of Civil Engineering in 2000, and then his master’s degree in Industrial Engineering at Leuven University in Belgium.
value seen: İstanbul Technical University; Leuven University, Belgium
held out of the figures · the quote does not carry this value
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: previous companies

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
Özcan successfully served as Regional Manager at Gondola Holding between 2004-2009, Operations Manager at İstanbul Doors Group between 2010-2012, Operations Director at Dream Group between 2012-2015, General Manager at Meri’s Group between 2015-2017, and General Manager of Zorlu Yapı Yatırım A.Ş. Gourmet Branch ... between 2018-2022.
value seen: Gondola Holding; İstanbul Doors Group; Dream Group; Meri’s Group; Zorlu Yapı Yatırım A.Ş. Gourmet Branch
held out of the figures · the quote does not carry this value
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: since

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
İlker Özcan has been appointed as the General Manager of Zorlu Center as of June 1, 2022.
value seen: June 1, 2022
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: summary

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
İlker Özcan completed his undergraduate education at İstanbul Technical University’s Department of Civil Engineering in 2000, and then his master’s degree in Industrial Engineering at Leuven University in Belgium. Özcan successfully served as Regional Manager at Gondola Holding ... General Manager of Zorlu Yapı Yatırım A.Ş. Gourmet Branch ... İlker Özcan has been appointed as the General Manager of Zorlu Center as of June 1, 2022.
value seen: operating head of Zorlu Center; civil-engineering and industrial-engineering graduate education; prior operating and general-management roles
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: tags

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
İlker Özcan has been appointed as the General Manager of Zorlu Center as of June 1, 2022.
value seen: Zorlu Center GM; Mixed-use operations; Civil engineer; Industrial engineering master’s; Since June 2022
value paraphrased from this source
https://zorlu.com.tr/en/corporate/management/organizationchart

Sources: title

COMPANYdate not shown in source

Organization Chart | Zorlu

Zorlu Holding
İlker Özcan - Zorlu Center General Manager
value seen: Zorlu Center General Manager
https://zorlu.com.tr/en/corporate/management/organizationchart
AF
Ali Fahri Gürsoy
Ali Fahri Gürsoy is a long-serving Zorlu Gayrimenkul development executive responsible for zoning legislation and land development. His professional profile records the role at Zorlu Gayrimenkul as current and beginning in October 2008; contemporary reporting describes his transfer into that remit from Soyak Yapı.
Current title
Deputy General Manager for Zoning Legislation and Land Development, Zorlu Gayrimenkul
since October 2008
Experience
17+ years at zorlu
Companies before
Soyak Yapı İnşaat Sanayi ve Ticaret A.Ş.
Education
not published
Other boards
none sourced
Known for
Land developmentZoning legislationDeputy GMReal-estate development
https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441

Sources: linkedin page

SOCIAL2026-09-09

Ali Fahri Gürsoy

LinkedIn
Ali Fahri Gürsoy İmar Mevzuatı ve Arazi Geliştirme Genel Müdür Yardımcısı / Zorlu Gayrimenkul
value seen: https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441
https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441

Sources: previous companies

PRESS2008-11-07

Amerika’da üç İstanbul dolusu insan evsiz kaldı - Milliyet Emlak

Milliyet.com.tr
Soyak Yapı İnşaat Sanayi ve Ticaret A.Ş.'de mevzuat müdürü olarak görev yapan Ali Fahri Gürsoy'un Zorlu Gayrimenkul’de imar mevzuatı ve arazi geliştirmeden sorumlu yeni genel müdür yardımcılığına transfer olduğunu
value seen: Soyak Yapı İnşaat Sanayi ve Ticaret A.Ş.
https://www.milliyet.com.tr/emlak/amerikada-uc-istanbul-dolusu-insan-evsiz-kaldi-66539

Sources: since

SOCIAL2026-09-09

Ali Fahri Gürsoy

LinkedIn
General Manager - Zorlu Gayrimenkul A.Ş. (Current) Oct 2008 - Present
value seen: Oct 2008 - Present
https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441

Sources: summary

SOCIAL2026-09-09

Ali Fahri Gürsoy

LinkedIn
İmar Mevzuatı ve Arazi Geliştirme Genel Müdür Yardımcısı / Zorlu Gayrimenkul ... (Current) Oct 2008 - Present
value seen: long-serving Zorlu Gayrimenkul development executive responsible for zoning legislation and land development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441

Sources: tags

SOCIAL2026-09-09

Ali Fahri Gürsoy

LinkedIn
İmar Mevzuatı ve Arazi Geliştirme Genel Müdür Yardımcısı / Zorlu Gayrimenkul ... (Current) Oct 2008 - Present
value seen: Land development; Zoning legislation; 17+ years at Zorlu; Deputy GM; Real-estate development
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441

Sources: title

SOCIAL2026-09-09

Ali Fahri Gürsoy

LinkedIn
İmar Mevzuatı ve Arazi Geliştirme Genel Müdür Yardımcısı / Zorlu Gayrimenkul ... General Manager - Zorlu Gayrimenkul A.Ş. (Current) Oct 2008 - Present
value seen: İmar Mevzuatı ve Arazi Geliştirme Genel Müdür Yardımcısı / Zorlu Gayrimenkul
value paraphrased from this source
https://linkedin.com/in/ali-fahri-g%C3%BCrsoy-b1451441

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

1 project
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Raffles Residences IstanbulIstanbul, Türkiye
Beşiktaş
hotel residences6618———20175 May 2017—Jan 2017 – Dec 2017—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

7 found
PROJECT AWARD Winner 20 April 2016
ICSC European Shopping Centre Award — New Developments (Large/Extra Large) · Zorlu Center
Zorlu Center was selected as an award winner in the New Developments (Large/Extra Large) category; the contemporaneous report identifies Zorlu Center and Zorlu Property Group as the relevant owner/developer-side entity.
PROJECT AWARD Winner 19 May 2019
Albert Sussman International Community Support Award · No Barriers in Zorlu / Zorlu’da Engel Yok
Zorlu Center won ICSC Foundation’s Albert Sussman International Community Support Award for its accessibility and guide-dog support program; the ICSC announcement describes it as the worldwide winner.
GOVERNMENT RECOGNITION Certified 14 December 2021 (publication date)
Zero Waste Certificate · Zorlu Center
Zorlu Center received the ministry’s Zero Waste Certificate for establishing a Zero Waste Management System.
SUSTAINABILITY Certified 25 June 2021 (publication date)
International Renewable Energy Certificate (I-REC) · Zorlu Center
Zorlu Center certified the electricity used by the shopping centre through an I-REC arrangement, reported as covering renewable energy supplied through Zorlu Energy.
SUSTAINABILITY 2022
Solal Marketing Awards — Corporate Social Responsibility, Silver Award · Eco Love Fest
The Zorlu Group’s 2022 annual report states that Zorlu Center’s Eco Love Fest received a silver Solal Marketing Awards recognition for corporate social responsibility.
European Council of Shopping Places (ECSP) · https://www.zorlu.com.tr/media/tgqbv2ex/ar-2022.pdf
SUSTAINABILITY Winner 2022
Hermes Creative Awards — Sustainability Awareness Award · Eco Love Fest
The developer reports that Zorlu Center’s Eco Love Fest received the Hermes Creative Awards Sustainability Awareness Award.
SUSTAINABILITY Winner 2022
MarCom Awards — Corporate Social Responsibility, Platinum Award · Eco Love Fest
The developer reports that Zorlu Center’s Eco Love Fest received a Platinum MarCom Award for corporate social responsibility.

Risks

Risk flags

5 found
FINANCIAL DISTRESS Reported February 26, 2026
Reuters reported that Zorlu Holding—not specifically Zorlu Gayrimenkul—had begun talks with lenders to restructure its debt, with Zorlu AVM among assets reportedly pledged as collateral; the report did not say that Zorlu Holding had defaulted, and this is a group-level risk rather than a finding that the developer itself defaulted.
LEGAL Court decision July 13, 2023; reported November 13, 2023
A 2021 action by İzmir’s Chamber of City Planners concerning the Zorlu Konak skyscraper was followed by a July 13, 2023 court decision annulling the zoning plan underlying the construction and alteration permits; a November 2023 report said planning and project work was nevertheless continuing, while also noting that the court had not substantively assessed the permit itself.
REGULATORY Reported May 28, 2022
In the Zorlu Konak matter, the İzmir authorities reduced the permitted height after objections based on the city and Kadifekale skyline, and the objection attributed to Zorlu Gayrimenkul was rejected by the relevant municipal commission by majority vote.
DELIVERY DELAY Reported September 1, 2014; delayed delivery reported in 2014
A contemporaneous report said Zorlu Center’s planned AVM opening was delayed by three years and that residential purchasers who had been promised delivery in June 2013 were told it would move to June 2014, but still had not received their homes two months after that date; this is an older, resolved-status matter and no current non-delivery was established here.
PROJECT CANCELLED 25 Ocak 2025 (ruhsat iptali; kaynak yayını); ruhsat tarihi 6 Aralık 2018; 23 Haziran 2021 seviye tespiti
İzmir Büyükşehir Belediyesi, Zorlu Holding’in Zorlu Konak gökdelen projesinin ruhsatını 25 Ocak 2025’te iptal etti; belediyeye göre 6 Aralık 2018 tarihli ruhsattan sonra iki yıl içinde inşaata başlanmadı ve 2021 tarihli seviye tespitinde kazıya başlanmadığı kaydedildi, dolayısıyla bu proje için gelecekteki tamamlanma taahhütleri gerçekleşmiş değildir.

Record status

active
Coverageactive
Tracked sinceOctober 9, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.