Corporate real estate firm Jones Lang LaSalle acquires AVM Partners, a leading Turkish shopping center management company known for Palladium, 212 AVM, and Neoplus.
"We were pleased to advise JLL on this strategic acquisition. JLL and AVM Partners are major players in Turkey's real estate sector and this acquisition paves the way for JLL's further expansion due to the combined expertise of both companies," commented Partner Duygu Turgut.
A team of lawyers from Esin Attorney Partnership, a member firm of Baker & McKenzie International, advised Jones Lang Lasalle Gayrimenkul Hizmetleri Ticaret A.S. (JLL) on the acquisition of AVM Ortaklari Proje Yonetimi A.S. (AVM Partners). Partner Duygu Turgut advised on the transaction with support from attorneys Sertac Kokenek, Guven Mavis, Orcun Solak, and Gokce Serez. The deal was signed and closed on July 27, 2015.