General Introduction to Real Estate Investment Companies in Turkey
Introduction A rapid increase in the Turkish construction sector had caused companies to experience difficulties in covering their liquidity demands, paving the way for the commencement of Real Estate Investment Company (“REIC”) practices in 1995. Since the construction sector in Turkey has grown significantly in recent years due to increased economic stability, new regulations, extensive urban renewal projects, and […]
Squeeze-Out and Sell-Out Right Under CML
The Turkish Capital Market Law (“CML”) regulates the squeeze-out and sell-out rights in public companies and companies deemed to be public (companies with more than 500 shareholders). The main motive of the squeeze-out and sell-out provisions of the CML were to protect minority shareholders’ rights in public companies and to bring these rights into uniformity with European […]