Project Application

The Department executes two separate functions; Electrical-Mechanical and Construction-Architecture. The Electrical-Mechanical Department is responsible for development of projects corresponding to current legislation and standards, and taking the necessary steps for maintaining budget targets. In this context, the Electrical-Mechanical Department has undertaken duties such as acquisition of necessary permits, preparation of tender documents, building construction sites, inspection of conformity to specifications as well as settling final accounts. The Construction-Architecture Department carries out its duties such as project management and implementation works, following up on project and implementation services contracts, follow-up of budgets, construction discipline, controlling and coordinating project and technical specifications. The Department is further responsible of designating necessary design criteria, controlling conformity to legislation and standards, following up on quality control management of constructions as well as evaluating the results. The Construction-Architecture Department is responsible for fulfilling provisional and permanent acceptance procedures.

Risk Management and Investor Relations

The Department carries out the operations necessary for the exercise of shareholders' rights within the framework of the legislation, the Articles of Association and in-house arrangements; satisfies all the information requests coming from domestic and international shareholders, investors, analysts, and institutions; follows up on evaluations and reports prepared on the Company; conducts research and analysis regarding the Company and sector; manages relations with rating firms and public disclosure of rating reports; manages relations with shareholders as well as private and public institutions within the scope of public disclosure; prepares risk policies pertaining to risks integrated with Company activities within the scope of risk management; and observes risks within the specified limits and reports these to Company management. 

Investment and Project Development

The Department is authorized for project development, evaluation of new investment offers, technical responsibilities of present real estate, maintenance and renewal investments. The department also closely monitors its field of activity and pursues new investment opportunities in the real estate sector.

Corporate Communications and Marketing

The Department implements rental and sales activities to maximize the occupancy rates and the income potential of the present properties. It also manages after sales and rental relations, and contributes to the feasibility of potential projects with up-to-date market data and interpretations. Corporate communication activities, public relations, press relations, coordination of promotional activities, maintaining corporate reputation and management works are handled by the Corporate Communications and Marketing Department.

Financial and Administrative Affairs

The Department carries out accounting, budget, balance sheet, financing and insurance-related matters pursuant to the legislation and takes due measures in a timely manner, manages and follows up on relations with respective organizations. The Financial and Administrative Affairs Department also works on labor planning and personnel policy and executes matters pertaining to the personnel and their retirement plans.

Legal Counseling

The Legal Counseling Department has undertaken the duty to give legal advice on İş REIT activities, carry out procedures on legal matters, to pursue lawsuits to which Company is a party and keep records and to prepare and review contracts. In addition, it also solves legal disputes related to Company activities by legal means, prepares the legal background of projects and follows up on formal notices.