Strategy

BLG managed Funds and investment vehicles focus on making opportunistic investments in real estate assets and companies with underlying real estate assets predominantly in Turkey. The Turkish real estate market offers a substantial investment opportunity as it is largely underpenetrated by the institutional investment community. The Turkish market is currently underserved by high-quality product in many asset classes and has better growth potential than most major European regions. To capitalize on these trends BLG has established a highly institutionalized platform with a deeply experienced, vertically integrated local team. BLG’s principal focus is on hospitality, high end residential, student accommodation, office and mixed-use assets. The key success factors of our investment strategy are as follows:

Locally Based, Market Focused Approach

BLG's investment professionals are locally based in Turkey and have a deep knowledge of local & global capital markets.

Proactive Deal Generation

By implementing a proactive opportunistic investment strategy, BLG generates and evaluates a significant amount of off-market investment opportunities on an exclusive basis with motivated sellers whereby BLG typically has close relationships. BLG provides speed and certainty in committing capital to complex transactions, this can be accomplished successfully because of our local presence and significant local market knowledge.

Active Development & Asset Management

BLG collaborates closely with the Bilgili Group for project & development management services, these teams have a long track record of successfully working together which allows for much tighter control of the processes resulting in projects being delivered on time and with a significantly lower cost basis than outsourced alternatives. BLG investment professionals devote a significant amount of time to working closely with management teams of the operational assets to create additional value. BLG establishes detailed business plans for each asset and identifies strategies to optimize income & profitability as well as properly position each asset for timely exits.

Bilgili Group Collaboration

BLG collaborates closely with the Bilgili Group, one of the leading vertically integrated owners, developers and managers of real estate in Turkey that is active in the sector since 1984 with over 150 full time employees. BLG and Bilgili Group collaborate on certain areas of project & development management, sales & marketing and operational & financial management.