28 January 2025
28 January 2025
We are happy to be a part of this project, which will be one of the biggest projects in the real estate market in 2025, and we wish success to the project stakeholders. We would also like to thank all our colleagues who worked on the project.
Legal Reflections of the Exorbitant Rent Increases in Turkey
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. Law No. 6306 on the Transformation of Areas Under Disaster Risk ("Law") and the Implementing Regulation of Law No. 6306 ("Regulation") have been prepared in order to create healthy and safe living environments in accordance with the norms and standards of science and art in areas under disaster risk and in lands and plots where risky buildings are located outside these areas. The Law and the Regulation are based on the understanding of "not to be wounded" rather than "to heal wounds" after a disaster occurs; thus, they ensure that an important and effective step is taken for the realisation of the principle of "social state of law" in the Constitution.
Cross-Border M&A Transactıons In Foreıgn Dırect Investments: Turkey - Spaın
Foreign Direct Investments (“FDI”) in Turkey are governed by Law No. 4875 on Foreign Direct Investments (“FDI Law”), which entered into force in 2003.