Macfarlanes advises BLG Capital on fundraising for Turkish Real Estate Fund II
The fund closed in December 2015 with total commitments of €152m[1].
BLG TREF II is already committed across three investments including a redevelopment of the city’s Galataport, a luxury residential redevelopment in the heart of Istanbul’s prime shopping and residential district and a mixed-use hospitality and luxury residential development in Bodrum, Turkey’s premier summer resort.
The Macfarlanes team was led by investment management partner Alex Amos.