Tevfik Türel

Istanbul, Turkey
March 2011 - Present

Partner - Projects' Development

• Real Estate Development
• Solar Systems Development

Istanbul, Turkey
December 2007 - March 2011

Managing Director

Setting up the asset management infrastructure for the Group’s own existing properties (a $150 million+ value)

• Developing strategies for re-development
• Developing new concepts and feasibility studies
• Structuring the properties for the best possible financing
• Sourcing large-scale real estate projects to foreign investors especially from the Gulf region.

Istanbul, Turkey
May 2006 - May 2007

General Manager (Development)

Responsible for the development activities of ECE Türkiye, a joint venture of ECE Project Management (Germany) and General Growth Properties (USA)

• Developing strategies for new markets
• Identifying shopping center locations
• Developing concepts, feasibility studies
• Establishing/maintaining relationships with landlords and governmental bodies
• Additional responsibilities include managing of IT, Finance Department and Legal Department
• Major milestones reached:

            -   Ground breaking of Espark Shopping Center, Eskişehir (GLA: 45,000 m2 – Investment
                Value: $110 million+)
            -   Finalizing the negotiations of Marmara Park Shopping Center at Beylikdüzü,
                İstanbul (GLA: 65,000 m2 – Investment Value: $250 million+) and Antalya
                Shopping Center (GLA: 69,000 m2 – Investment Value: $250 million+)

Houston, Texas, USA
November 2001 - May 2006

EVP - Director of Eurasia and Middle East

• Responsible for the title insurance and projects operations in the Eurasia (Turkey, Romania, Bulgaria, Northern Africa and Pakistan)

EVP - Director of Land Projects Division

• Setup the Division and developed Stewart’s flagship product “Landfolio(TM)” for integrated land registration and cadastral office automation and tax collection systems.

• Responsible for the global expansion, product marketing and installation of Landfolio(TM) mainly in the Caribbean, Central America and Eurasia.

Country Manager (Turkey)

• Responsible for establishing Stewart’s expansion in Turkey.
• Successfully completed full due diligence on real estate practices in Turkey.
• Identified Stewart’s products and services that can be provided in Turkey as well as strategic partners/associates for the successful launch of operations.
• Finalized Stewart’s business plan and feasibility study for Turkish operations.
  

Istanbul, Turkey
May 1994 - November 2001

Managing Partner

Residential Real Estate Development Advisory and Brokerage Services

• Established and managed one of the first “fee based” real estate development advisory services in Turkey.

• Prepared and successfully executed marketing strategies for mid- to large-scale real estate developments.
• Marketed six residential projects in Istanbul with a team of 23 people and realized a sales volume in excess of $35 million within 2 years.
• Prepared market studies, highest and best use analyses, market entry strategies and appraisals.
• Significant successes on restructuring (and crisis management) of previously failed real estate projects.
• International experience includes projects in Azerbaijan, Turkmenistan and Romania.

Istanbul, Turkey
June 1993 - April 1994

Advisor to the Board

• Streamlined the "Automated Banking" operation for more efficiency and higher usage.

• As a project manager prepared the feasibility study, the architectural and construction drawings and selected the equipment and the contractor for the Coca Cola bottling factory in Turkmenistan.
• Undertook the construction, quality control and interior decoration of the 14-floor headquarters building.

Istanbul, Turkey
January 1992 - June 1993

General Manager (Construction Operations)

• Responsible for all highway construction operations. Added construction as a new line of business to the Company’s existing mining operations.

• Created a business volume of $50 million and doubled the production.
• Implemented new project and cost control methods.
• Set up new "maintenance and repair centre" to service $32 million worth of heavy construction equipment.

Dallas & Houston, Texas, USA
November 1986 - September 1991

Senior Engineer

• Responsible for all field engineering and administration.
• Implemented the new "Construction Management System" which included a computer controlled network system between the main office and the field offices to monitor the operations in “real-time” to provide top management with a complete monitoring of operations from material delivery to the control of manpower and production yields.

Project Manager

• Managed the American Airlines Maintenance Base AFW at the Alliance Airport Project which included the construction of main streets and utilities.
• Responsibilities included managing fast-paced construction effort involving a peak of 60 personnel on the job working in seven crews, job scheduling and coordinating the work with the owner and subcontractors.

Chief Cost Engineer, Estimator and Scheduler

• Supervised both Dallas and Houston highway construction operations.
• Coordinated cost improvement efforts as well as design and implementation of a new cost reporting system.
• Estimated the cost of a proposed project including labor, material, equipment and supplies.
• Prepared the schedule of activities and monitored the progress of projects. Prepared and/or verified the progress and the billing via a computer based scheduling system.

Istanbul, Turkey
May 1983 - August 1986

Managing Partner

• Realized Turkey’s first computer related manufacturing (joysticks).
• Prepared and implemented new marketing strategies for computer systems and related accessories.
• Performed system analyses and evaluations and established turnkey computer systems.