
28 August 2025
Our Partner, Attorney Murat Aygun, LL.M participated in the SELS Istanbul event organized by ELSA Istanbul, where he engaged with aspiring young law students and delivered a presentation on “Mergers and Acquisitions (M&A)”. In his presentation, he provided an in-depth analysis of the legal framework governing M&A transactions, while sharing insights and examples drawn from our extensive national and international experience and practices, thereby offering valuable perspectives to the participants.
We extend our sincere gratitude to ELSA Istanbul for organizing this remarkable event and to all students whose interest and participation enriched the discussions. It is always a great pleasure for us to share knowledge and expertise with the next generation of legal professionals.

A New Era for Real Estate Investment Funds
The Communiqué Amending the Communiqué on Real Estate Investment Funds (III-52.3) (“Communiqué”), published in the Official Gazette on 17 July 2024, Issue No. 32604, aims to boost contributions to real estate investments, a sector with significant transaction volume in the Turkish economy. Under the Communiqué, application procedures for Real Estate Investment Funds (“REIFs”) have been streamlined, enabling the issuance of participation shares linked to an umbrella fund. Additionally, “project” REIFs are now permitted to invest in projects where more than half of the total gross area of independent units is designated for residential use, as verified by independent real estate appraisal firms.

Tax and Fee Exemptions Introduced by Law No. 6306 and VAT Advantages
Although a large part of Türkiye is under the risk of natural disasters, especially earthquakes, most of the existing buildings are not resistant against possible disasters, thus socio-economic problems are experienced and State is faced with financial burdens unexpectedly that are difficult to overcome.