An acknowledged leader of the real estate industry in Turkey, Yapı Kredi Koray REIT commenced operation in December 1996 as a joint venture of Yapı Kredi Bank and the Koray Group. Projects developed by Yapı Kredi Koray distinguish themselves through their superior qualities and applications that each represent firsts in the sector. Admired by its target groups, the company's projects have also drawn the attention of international organizations as well. Among the projects that the company has authored are İstanbul İstanbul, İstanbul Zen, İstanbul Bis, Evidea, Ankara Ankara, and Neo Shopping and Lifestyle Center. Construction also began last year on its Çankaya project located in one of Ankara's most prestigious districts. Yapı Kredi Koray's basic goal is to correctly analyze market expectations in order to realize original projects at international standards. Every project that the company develops is as much focused on creating an enjoyable living space as on being a profitable investment. In addition to owning and managing a solid portfolio of real estate properties, Yapı Kredi Koray is also strong on the project development side of the sector as well. A capacity to create concepts and transform them into trademarks strengthens Yapı Kredi Koray's market position while also generating demand for the new projects that it develops. Yapı Kredi Koray's avowed principle is to develop turnkey delivery projects that bring original concepts to people's lives while also providing high-quality marketing and after-sales services.