Projects

Well-diversified and unique global real estate portfolio at 3 key
geographies North America, Europe, United Kingdom

North America
North America
Europe
Europe
United Kingdom
United Kingdom
Select Exits
Kensington
London, United Kingdom
Luneta Portfolio
Germany (multiple cities)
Swan
Den Haag, Netherlands
Investment Committee
ALİ SABANCI
Esas Holding Chairman

Ali Sabancı is the chairman of Pegasus Airlines, vice chairman of Mars Athletic and a board member of Ayakkabı Dünyası, which are part of the Esas Private Equity portfolio. He also serves on the board of Esas Properties.

Ali is one of the co-founders of Esas Social, which was established to facilitate sustainable social investment. He focuses on increasing awareness of entrepreneurship in Turkey. As the president of the Young Entrepreneurs Board in the Union of Chambers and Commodity Exchanges of Turkey (TOBB), he has led successful projects including Angel Investing Legislation, Global Entrepreneurship Congress, G3 Forum, Global Entrepreneurship Week and TIM Innovation Week - Born Global. He is also an angel investor in more than 25 start-up companies.

Ali is a member of the Turkish American Business Association and the Turkish Family Business Association. In 2018 he was awarded the Légion d'Honneur by the French government for his contributions to economic relations between Turkey and France.

Ali Sabancı earned his M.B.A. degree with a major in International Finance from Columbia Business School and B.A. degree in Politics and Economics from Tufts University.

KAZIM KÖSEOĞLU
Managing Partner

Kazım Köseoğlu is the Managing Partner of Esas Real Estate and serves on its investment committee. Also a board member at Esas Holding.

He currently chairs UK network group of Tüsiad (Turkish Industry & Business Association).

Previously, Kazım worked as an investment analyst at F&C REIT Asset Management.

Kazım Köseoğlu earned his M.S. degree in International Finance and Banking from Cass Business School and B.S. degree in Business Economics from Brown University.

H. ÇAĞATAY ÖZDOĞRU
Esas Holding CEO

Çağatay Özdoğru oversees all of Esas’ business segments including real estate, private equity, venture capital and wealth management, and serves on their investment committees. He is a board member of Esas Properties and various private equity portfolio companies including Pegasus Airlines, Mars Athletic, Korozo and Ayakkabı Dünyası.

Çağatay joined Esas Holding in 2005 as an executive board member. He played a major role in establishing Esas Private Equity where he served as CEO since 2010, until transitioning to his current role in 2019. He led a number of Esas’ private equity investments and exits of various portfolio companies including UN Ro-Ro, Mars Cinema Group and Peyman.

Previously, Çağatay was the president of IT & Telecommunications Group at Sabancı Holding. Prior to that, he held various positions at France Telecom Group, where he last served as the executive vice president of the REEMEA region. He was also a member of the Global Operating Committee.

In 2020, Çağatay was appointed as the chairman of Turkey - France Business Council at DEIK (Foreign Economic Relations Council). Previously, he served as the chairman of Turkey - Sweden Business Council and Turkey - Croatia Business Council, and board member of TBV (Turkey IT Foundation) and TUBISAD (Turkey IT Industry Association).

Çağatay Özdoğru earned his M.S. degree in Telecommunications Engineering from George Washington University, where he received the Hall of Fame Award for Alumni in 2016, and B.S. degree in Electronics and Telecommunications Engineering from Istanbul Technical University.

REŞAT DÜREN
Managing Director

Resat Duren is a banker by profession and started his career at Akbank.

Prior to his appointment as the Branch and Country Manager for UK with Ziraat Bank London, he spent two years with the same bank in Turkey as Head of Foreign Relations Department, and was also in charge of managing World Bank Agricultural Credits for the country.

He then joined as the Deputy General Manager of Ak International Bank, (later called Sabanci Bank) in London.

He received an invitation from the Turkish Treasury to represent them on the Board of Halkbank  and subsequently he served as a board member.

Resat’s time as CEO of Arikanli Holding; (consisting of 12 companies, and 13,000 employees) he mainly involved in the education (MEF Schools), cargo, IT and manufacturing. Setting up of a renewable (wind) energy company within the group , as well as conducting the sale of 25% stake of the cargo business to the French group GEOPOST were the main tasks he carried forward.  

Currently, Resat is the Managing Director of ESAS Holding London and a member of the Investment Committee.

Resat Duren earned his BA degree from Istanbul University Economics, in Finance and International Relations.

He is the founder and honorary member of Turkish Bankers Association in UK.

ERNEST BOLES
Investment Committee Member

Ernest Boles has enjoyed an international career in investment, finance and law spanning more than three decades. 

For the past 12 years, Ernest has been a senior executive within the Harald Quandt Group, a leading German investment firm established by the heirs of Harald Quandt, a prominent German industrial family.  During his tenure in the Group, Ernest has served in various senior roles, including CEO of HQ Capital, the Group’s private equity and real estate investment business, Chairman of the Supervisory Board of HQ Trust, the Group’s multi-family office and investment management business and Co-managing Director of Harald Quandt Holding, the Group’s dedicated single-family office.

Ernest currently acts as Vice Chairman of HQ Capital and serves as a standing member of the investment committees of the private equity and real estate investment businesses.  Ernest also acts on various non-affiliated boards, including as a member of the Board of Directors for esas Holding, as a member of the Investment Committee of Beiersdorf AG and as a member of the Executive Committee of the Frankfurt International School Foundation. 

Prior to joining the Harald Quandt Group in 2007, Ernest held senior positions in leading global financial institutions, including serving as CEO of Bank Morgan Stanley AG, Zurich, as the MD responsible for the non-discretionary investment program within Morgan Stanley’s London-based Wealth Management Division for EMEA and as CIO for Citi’s London-based Wealth Management Business in Europe.  Prior to his career in banking, Ernest practiced international tax law with Milbank Tweed Hadley & McCloy in New York, where he is admitted to the bar.  A former Fulbright Scholar, Ernest earned a Dr. jur degree from the Ludwig Maximilian University of Munich and a JD from the University of Kansas, where he was a member of the Law Review.  Ernest is a frequent speaker at global conferences and events focusing on investments in alternative assets.

ROBERT ORR
Investment Committee Member

Robert Orr is a seasoned senior adviser and non-executive director with experience from a variety of roles in the public and private real estate sectors, including Chair and NED roles.

29 years with JLL Inc., the leading global property services firm, including 7 years as CEO EMEA and 4 years as MD of JLL’s International Capital Group, a client-facing, global business team with 12 employees located in the 5 key regions of the world, tasked to develop cross-border relationships with key investors.

Corporate Finance experience developed through 6 years as Senior Adviser with Canaccord Genuity’s Investment Banking practice and a leadership role in a complex, multi-cultural merger of a European partnership with a US firm and serving on the Main Board of the resultant NYSE-listed company, JLL Inc. 40 years of international general management and client relationship experience, including 11 years based in Germany and four years in France.

 

Principal external appointments

  • Chairman of Tritax Eurobox Plc
  • Non-Executive Director of M&G European Property Fund SICAV
  • Non-Executive Manager of M&G Real Estate Funds Management S.a.r.l.
  • Non-Executive Director of the Advisory Board of APCOA Parking Holdings GmbH
  • Member of the Investment Advisory Committees of EQT Real Estate
  • Senior Adviser to Blue Coast Capital (Lewis Trust Group)

 

Significant previous external experience

  • JLL Inc.’s European Chief Executive Officer
  • Non-Executive Director of RDI REIT P.L.C.
  • Non-Executive Director of Tishman Speyer Properties UK Limited
  • Senior Advisor to Canaccord Genuity Limited
Team
KAZIM KÖSEOĞLU
Managing Partner

Kazım Köseoğlu is the Managing Partner of Esas Real Estate and serves on its investment committee. Also a board member at Esas Holding.

He currently chairs UK network group of Tüsiad (Turkish Industry & Business Association).

Previously, Kazım worked as an investment analyst at F&C REIT Asset Management.

Kazım Köseoğlu earned his M.S. degree in International Finance and Banking from Cass Business School and B.S. degree in Business Economics from Brown University.

REŞAT DÜREN
Managing Director

Resat Duren is a banker by profession and started his career at Akbank.

Prior to his appointment as the Branch and Country Manager for UK with Ziraat Bank London, he spent two years with the same bank in Turkey as Head of Foreign Relations Department, and was also in charge of managing World Bank Agricultural Credits for the country.

He then joined as the Deputy General Manager of Ak International Bank, (later called Sabanci Bank) in London.

He received an invitation from the Turkish Treasury to represent them on the Board of Halkbank  and subsequently he served as a board member.

Resat’s time as CEO of Arikanli Holding; (consisting of 12 companies, and 13,000 employees) he mainly involved in the education (MEF Schools), cargo, IT and manufacturing. Setting up of a renewable (wind) energy company within the group , as well as conducting the sale of 25% stake of the cargo business to the French group GEOPOST were the main tasks he carried forward.  

Currently, Resat is the Managing Director of ESAS Holding London and a member of the Investment Committee.

Resat Duren earned his BA degree from Istanbul University Economics, in Finance and International Relations.

He is the founder and honorary member of Turkish Bankers Association in UK.

FEHMİ DURUAY
Director

Fehmi is a Director in Esas Real Estate team.

Since joining Esas in 2011, Fehmi has worked on real estate investments in Turkey, Europe and the US. Prior to 2020, Fehmi was also involved in private equity investments at Esas and served on the UN Ro-Ro deal team until exit. Previously, he was a Financial Analyst at Türkiye Sinai Kalkınma Bankası, where he focused on project finance and M&A transactions.

Fehmi received his B.A. degree in Business Administration from Boğaziçi University and holds an M.S. degree in Finance from Koç University.

ÇAĞLAR GÜLTEKİN
Senior Associate

Çağlar is a Senior Associate in Esas Real Estate team.

Prior to joining Esas in 2019, Çağlar started his career as a Management Trainee at the private equity arm of Ünlü & Co, where he later became an Investment Banking Analyst and worked on M&A projects.

Çağlar received his B.A. degree in Business Administration from Boğaziçi University.

KAAN BÜKE
Associate

Kaan is an Associate in Esas Real Estate team.

Since joining Esas London team in 2018, he worked closely with the Managing Director and Istanbul team in regards to UK Real Estate acquisitions, having been involved in projects such as 15 Fetter Lane and 111 Strand.

Kaan received his BSc degree in Maths and Economics from the University of Dundee.