Investment Group incorporates Tekfen ventures’ innovative entrepreneurship investments and holding activities.

Investment Group incorporates Tekfen ventures’ innovative entrepreneurship investments and holding activities.
Tekfen Ventures

Tekfen Ventures is a venture capital fund that seeks out and takes advantage of opportunities in startup companies by investing in them during their early stages. Founded in late 2016, the fund is 3 years old and has a portfolio of 10 investment, 3 of which were closed in 2019.

The industries of focus represent a major component of global GDP but represent a much smaller percentage of global R&D spend. This is why venture capital investment in agriculture, construction, and manufacturing is so important. Tekfen Ventures’ portfolio companies are pushing the bounds of what’s possible in science, robotics, and technology to improve the agriculture, construction, and manufacturing industries.

Working together with other Tekfen Group companies active especially in agriculture, construction, and manufacturing, Tekfen Ventures explores areas that have development potential with the aim of creating competitive advantages for the Tekfen Group. For as long as it has existed as a company, Tekfen (whose name is derived from the Turkish words for “technology” and “science”) has always sought to be in the technological forefront and to embrace innovative approaches in every business line in which it is active. By giving fledgling startups the benefit of its own knowledge and experience, Tekfen contributes to their own growth and development.

Tekfen Ventures
SOCAR Polymer

In 2019, 10% stake in SOCAR Polymer, a petrochemical company in Azerbaijan, has been acquired.  With this acquisition, Tekfen’s presence as an investor has been established in a country in which Tekfen has been active as a contractor for about a quarter of a century.

Real Estate Investments

In line with Tekfen’s strategic business objectives, control of the Real Estate Development Group, which hitherto had been conducting its operations as a directly-held subsidiary of Tekfen Holding, was transferred to Tekfen Construction in 2019. Tekfen’s real estate development and investment operations henceforth will be carried out through that company:

Being undertaken in Germany’s capital Berlin, the Denkmal in Dahlem Project involves the restoration of two historical buildings in Dahlem, one of the city’s most affluent and prestigious districts. The project, consists of two buildings which were originally constructed in 1907 and which will have a total of 4,500 m2 of sellable/leasable space. The Berlin Office Complex Investment involves the partial renovation and subsequent management of a complex of five office buildings with a total of 64,774 m2 of leasable space located in downtown Berlin. The project’s architecture, planning, development, and marketing works are currently in progress and modification work will get under way once licensing formalities have been completed.

An office building located in Dortmund Germany and originally built in 1993, that will generate rental income. Situated in the heart of the city in a prominent location, the building has 24,611 m2 of leasable space. Renovation works will get under way in 2020.

Real Estate Investments