Company History

Having commenced operations in 1981 with the first company of the group, Akdeniz İnşaat, today Ağaoğlu Group operates in construction, real estate, energy, tourism and industry sectors.

In the field of construction, where the majority of the group’s operations take place, Ağaoğlu is proud as one of the largest construction firms of Turkey with the experience of having constructed more than 30 thousand quality residences. The company constructed 16 projects, including 11 with the “My …” concept where the target audience is refined white-collar workers with higher education, in B and B+ income groups.

Ağaoğlu Group develops quality office projects to cater for workplace and office needs of the same target segment. In this respect, My Office and My Prestige were completed within a very short time-frame, in Ataşehir, an area considered as the future capital of finance.

Another office project brings the luxury of 5-star service perspective to the business world, My Office 212. It offers easy access to major centers of the city, thanks to the subway station next to it.

At the heyday of the global recession; hitting real estate hard in February 2009, Ağaoğlu put Bahçelievler My City project to sale, achieving record sales of 1000 properties in just 2 weeks. This success is now included in the syllabus of business administration and marketing departments of universities, as a case study. My City Bahçelievler is the first project Ağaoğlu Group carried out on the European side of Istanbul.

Another project on the European side, My Town Ispartakule was designed with the results of a survey of consumer expectations in mind, and, again, it was sold out in a very short time. My World Europe project at Ayazma, comprising 3080 apartments and 20 villas was also designed on the basis of customer demand and the Ağaoğlu’s experience.

Developed in Ataşehir on the land owned by Emlak GYO A.Ş., My World is Ağaoğlu’s largest project to date. Located on the most valuable plot of Ataşehir, and outstanding with apartment sizes. My Towerland will include 3500 residences when complete, and will be Ağaoğlu’s 2nd largest project in the area. Large spaces, terrace gardens, spacious rooms, and various facilities included offers luxury beyond expectations.

2011 saw the beginning of sales at My Home Maslak, the first boutique project of Maslak –the rising star of the European side–, attractive with proximity to main highways and a central location. It is one of the most important project on that district designed to meet the residential needs of the neighborhood.

My Roseville, a niche project by Ağaoğlu, comprises 27 villas constructed with reference to California style, and located on the crown jewel of Çekmeköy.

Today, Ağaoğlu simultaneously carries out the construction of 10 thousand residences.

A player in the tourism industry since 1988, Ağaoğlu Group is the owner of Uludağ My Resort Hotel and Kartanesi hotel acquired in 2011, in addition to My City Hotel and My Village Residence in Istanbul, models of city hotel operations. A new project commenced in Bodrum, Ağaoğlu Tourism City will be the largest tourism complex of Turkey, containing 4 hotels, golf courses, and villas.

Also active in the field of Energy, Ağaoğlu Group invests with priority in wind, hydroelectricity, and geothermal energy projects, which represent clean, efficient, and environment-friendly use of local resources. Investments in such projects are currently estimated to reach 1 billion Euros. Ağaoğlu Energy Group commenced operations of Mersin RES with a capacity of 33 MW, its first wind power plant, and Şah RES, with an installed capacity of 93 MW. In 2011, Ağaoğlu Group was awarded the Gökçeada RES and Tatlıpınar RES tenders, placing the highest bid ever offered in Turkey for any wind power plant investment. Ağaoğlu aims to achieve an installed power of 1,000 MW before the end of 2015, furthering the success of having installed 492 MW out of the current wind power capacity of Turkey, which stands at 1,600 MW.