With its innovative approach and commitment to offering consumers more than just a home, Nef has once again been named the most admired company in the residential real estate sector.
With its innovative approach and commitment to offering consumers more than just a home, Nef has once again been named the most admired company in the residential real estate sector.
Distinguishing itself by generating more than half of its home sales through customer referrals, Nef has once again been recognised as the most admired company in its sector. At the “Turkey’s Most Admired Companies” awards, regarded as one of the business world’s most prestigious research studies, Nef was named the Most Admired Residential Brand in the Construction / Housing category for the third consecutive year.
Since its establishment, Nef has continued to shape the real estate industry through its innovative developments, design-led philosophy, and pioneering concepts. Maintaining its position as Türkiye’s fastest-growing and highest-selling residential developer, the company broke its own record in 2017, achieving 1,950 home sales and TRY 1.5 billion in revenue. Organised by Capital Magazine, the survey once again recognised Nef as the Most Admired Company in the Construction / Housing sector. Having led the sector since 2014, Nef secured first place in the category for the third time.
“Our Fundamental Principle Is to Benefit Society”
Speaking at the event, Erden Timur, Chairman of the Board of Nef, emphasised that the company’s primary mission is to promote the concept of a social enterprise around the world.
“Our fundamental principle is to create value for society and contribute to the wider adoption of the social enterprise model both in Türkiye and globally. The name Nef comes from the word ‘breath’. Life begins with a breath and ends with one. Since our first day, we have dedicated ourselves to making people happier and helping them realise their dreams. Every project we develop focuses on solving people’s problems and meeting their expectations. We continue our journey with the aim of bringing new life not only to buildings but also to people’s lives and personal development.”
Target: Exceed TRY 2 Billion in Revenue
Erden Timur also highlighted Nef’s continued market leadership since 2014.
“We are the fastest-growing and highest-selling company in our sector, and we continue to improve year after year. Last year, we achieved a record 1,950 home sales and TRY 1.5 billion in revenue. Within just four years, Nef became the market leader in Türkiye and has maintained that position consistently. Through Nef EBRD Real Estate Development Inc., established with a USD 120 million joint investment, we have begun developing modern, earthquake-resistant, and energy-efficient real estate projects in Türkiye. This partnership also marked the European Bank for Reconstruction and Development’s (EBRD) first direct real estate development investment in the country. Together with FIBA, we set another record by selling 497 homes in just two days at Nef Çamlıtepe, the first phase of our Çekmeköy development. We also started 2018 strongly, increasing our revenue from TRY 450 million in the first four months of 2017 to TRY 745 million during the same period in 2018—an increase of 66%. Our goal is to exceed TRY 2 billion in revenue by the end of 2018.
