1. Company
Profile
March
2015

2. L’Atelier
of
Development
Provoca've,
sophis'cated
and
'meless...
Kronos
Development
is
a
bou=que
development
and
investment
management
company
with
a
vast
experience
in
Turkey,
Kazakhstan
and
Dubai.
Kronos
will
enable
you
to
u=lize
over
23
years
of
exper=se
in
Property
Development,
Retail,
Real-­‐Estate
&
Theme
Park
Investments,
and
Private
Equity
Sectors
using
equity
and
instruments
like
Sukuk
Ic'ara
and
Corporate
Bonds.
The
company
was
founded
in
2011
by
Samim
Ha=poglu
who
is
well
known
in
the
property
industry
at
Turkey,
GCC
and
CIS.
Our
ethical
and
moral
values
has
been
always
above
doing
more
business.
Our
main
focus
has
always
been
genera=ng
crea=ve
solu=ons,
trust
and
delivery.
We
source,
acquire
and
develop
real
estate
opportuni=es
throughout
the
investment
life-­‐cycle
to
deliver
aVrac=ve
return
for
investors
and
end
users.
Our
project
sales
division
has
a
porXolio
of
projects
around
USD
500M
to
cater
to
local
and
interna=onal
buyers
that
are
seeking
good
returns
and
trusted
projects.
Over
1.5
million
square
meters
of
residen=al
sales,
half
a
million
square
meters
of
retail
development,
half
a
million
square
meters
of
mixed-­‐use
development
in
excess
of
USD
8.5bn
in
investment
value
has
been
achieved
during
the
professional
and
private
career
of
the
founder
of
the
group:
Mr.
Mustafa
Samim
Ha=poglu.
The
Ritz
Carlton
Hotel
and
Residences,
Alkent
Istanbul
2000
Master
Planned
Development,
Khan
Shatyr
Shopping
and
Entertainment
Center,
Rixos
Suits
and
Residences
in
Istanbul,
Brooklyn
Park
Istanbul
has
been
benchmarks
in
the
industry.
He
took
part
in
the
posi=oning
of
Rixos
Theme
Park
in
Antalya,
Istanbul
Interna=onal
Finance
Center
and
Master
Planning
of
Halicarnasus
City
project.

3. Our
Investment
Approach
Fee
based
Development
Management
Target
investment
returns
take
account
of
the
risk
profile
of
each
investment
and
are
focused
on
achieving
18%-­‐25%
IRR
(or
beVer)
for
bulk
investors
(post-­‐tax).
We
work
with
selected
corporate
partners
(including
developers)
chosen
for
each
market
sector
to
acquire
and
manage
a
wide
range
of
investments.
Project
Sales
We
op=mize
the
returns
of
developers
by
managing
the
income
side
of
property
development
projects
with
our
own
team.
Residen=al
developments
with
communal
retail
is
our
specialty.
Kronos
currently
has
the
largest
track
record
in
the
industry
among
project
sales
organiza=ons
Our
team
consist
of
highly
experienced
professionals
that
go
up
the
ladder
in
our
own
organiza=on.
We
also
specialize
in
offering
projects
to
interna=onal
clients
through
our
own
porXolio
and
strong
agents
in
the
GCC
and
the
CIS
region.

4. KRONOS
Development
Track
Record
Project:
Fuaye
Süreyyapaşa,
Istanbul,
Turkey
Sector:
ResidenJal
Gated
Community
Value:
USD
200M
Role:
Project
Sales
&
Brand
Management
Principal
Investor:
Yılmaz
İnşaat
&
KİPTAŞ
Descrip=on:
This
90.000
m2
gated
community
that
consisted
of
628
units,
2
social
clubs
was
fully
sold
and
a
communal
retail
of
5.000
m2
was
rented
at
a
very
fast
pace.
Year:
2011
Kronos
Members:
Samim
Ha=poglu
par=cipated
from
the
incep=on
of
the
project
managing
the
brand
crea=on,
architectural
coordina=on
and
Cihan
Konuş
acted
as
Project
Sales
Manager
Project:
Future
Park,
Istanbul,
Turkey
Sector:
ResidenJal
Community
&
Mall
Value:
USD
250M
Role:
Brand
Crea=on,
Sales
Office
Setup
&
Partly
Project
Sales
Management
Principal
Investor:
Hiper
Gayrimenkul
&
Miran
Yapı
Descrip=on:
Generated
the
concept
for
the
largest
sales
complex
in
Turkey
with
a
Museum
of
Real
Estate
Development.
Ini=ated
the
project
sales
efforts.
Year:
2012
Kronos
Members:
Samim
Ha=poglu
managing
the
brand
crea=on,
architectural
coordina=on
and
Ebru
Akyol
acted
as
the
first
Project
Sales
Manager
Project:
Vera
Residences,
Istanbul,
Turkey
Sector:
ResidenJal
Value:
USD
40M
Role:
Project
Sales
Management
Principal
Investor:
Di
Yapı
Descrip=on:
The
project
consisted
of
220
Residences
in
one
of
the
fastest
growing
area
of
Istanbul
at
Kağıthane
region.
The
model
residence
complex
is
considered
in
the
market
as
one
of
the
most
innova=ve
concepts.
Year:
2013
Kronos
Members:
Samim
Ha=poglu
managed
the
model
residence
complex
and
Ebru
Akyol
acted
as
the
Project
Sales
Manager
The
senior
management
of
Kronos
Development
played
pivotal
role
in
the
development
of
high
profile
investments
in
Turkey
Kazakhstan
and
Dubai
partnering
with
world-­‐wide
dis=nguished
players.

5. KRONOS
Development
Track
Record
Project:
Brooklyn
Park,
Istanbul,
Turkey
Sector:
Mid-­‐Rise
ResidenJal
Value:
USD
150M
Role:
Project
Sales
&
Marke=ng
Management
Principal
Investor:
Pana
Yapı
&
Selimoğlu
Descrip=on:
This
project
is
considered
a
fine
example
of
Urban
Redevelopment
in
Turkey.
There
is
725
Residences,
a
social
club
and
10
shops.
It
is
sold
at
an
op=mum
pace.
Year:
2014
Kronos
Members:
Samim
Ha=poglu
par=cipated
in
the
development
of
the
marke=ng
programme
for
the
project,
managed
the
adver=sing
campaign
featuring
Yeni
Fikirtepe
no=on.
Burcu
Gülhan
acts
as
Project
Sales
Manager
Project:
Çengelköy
Park,
Istanbul,
Turkey
Sector:
ResidenJal
Villas
and
Townhouses
Value:
USD
250M
Role:
Project
Sales
Management
Principal
Investor:
Selimoğlu
&
Demirland
Descrip=on:
Took
over
the
project
sales
office
and
managed
to
enter
into
lucra=ve
GCC
market
for
these
beau=ful
villas
overlooking
Bosphorus.
Year:
2014
Kronos
Members:
Samim
Ha=poglu
managing
the
interna=onaliza=on
of
the
Çengelköy
brand
and
Cihan
Konuş
acted
as
the
Project
Sales
Manager.
Project:
Safahat
Konakları,
Istanbul,
Turkey
Sector:
Low-­‐Rise
ResidenJal
Value:
Confiden=al
Role:
Project
Development
Management
Principal
Investor:
Pana
Yapı
Descrip=on:
The
project
is
at
the
incuba=on
phase.
It
shall
be
an
exemplary
urban
development
scheme
that
will
include
low
rise
residences,
recrea=on
complex
and
communal
retail.
Year:
2015
Kronos
Members:
Samim
Ha=poglu
seeking
alterna=ve
financial
models
for
this
huge
project.

6. Prior
Professional
Track
Record
of
Samim
HaJpoğlu
Project:
Alkent
Istanbul
2000,
Turkey
Sector:
Master
Planned
ResidenJal
Community
Value:
USD
500M
Role:
Project
Sales
&
Marke=ng
Management
Principal
Investor:
Alarko
Holdings
Descrip=on:
First
of
its
kind
project
in
7
phases
on
8
million
sqms
of
land
in
Buyukçekmece.
Awarded
project
of
the
year
by
Mobius
Founda=on,
Best
Model
Home
by
NAHB
in
Houston
and
Catalogue
of
the
year
by
London
Adver=sing
Society.
Year
1995
Kronos
Members:
Samim
Ha=poglu
was
the
sales
manager
of
the
project
as
a
professional,
did
architectural
coordina=on
and
managed
the
development
plan..
Project:
SaklıBahçe
Mansions,
Istanbul,
Turkey
Sector:
ResidenJal
Luxury
Villas
Value:
USD
100M
Role:
Development
&
Sales
Management
Principal
Investor:
Mesa
–
Nurol
-­‐
Süzer
Descrip=on:
One
of
the
most
desirable
projects
in
Istanbul.
The
President
of
Republic
of
Turkey
resides
in
this
project.
Year:
2000
Kronos
Members:
Samim
Ha=poglu
was
the
member
of
the
execu=ve
commiVee
for
the
development.
Project:
Residences
at
the
Ritz
Carlton,
Istanbul
Sector:
Mixed-­‐Use
Tower
Value:
USD
1B
Role:
Project
Development
Management
Principal
Investor:
Süzer
Holdings
Descrip=on:
The
project
is
the
first
interna=onally
branded
residen=al
tower
in
Turkey
with
a
Ritz
Carlton
Hotel,
high-­‐end
offices
and
a
shopping
complex.
It
achieved
the
highest
prices
in
residen=al
sector
at
Istanbul.
Year:
2001
Kronos
Members:
Samim
Ha=poglu
was
the
deputy
GM
for
the
investor.

7. Prior
Professional
Track
Record
of
Samim
HaJpoğlu
Project:
Khan
Shatyr,
Astana,
Kazakhstan
Sector:
Shopping
and
Entertainment
Center
Value:
USD
300M
Role:
Retail
Development,
Leasing
and
Architectural
Coordina=on
Principal
Investor:
FTG
Development
&
Coalco
Descrip=on:
The
largest
tent
in
the
world
with
60.000
sqm
of
retail
and
entertainment
complex
designed
by
Lord
Norman
Foster
and
featured
in
Na=onal
Geographics
Channel.
Year
2006
Kronos
Members:
Samim
Ha=poglu
was
the
CEO
of
the
project
as
semi-­‐professional,
did
architectural
coordina=on
and
managed
the
development
plan.
Project:
Rixos
Elysium
Suits,
Taksim,
Istanbul,
Turkey
Sector:
Hotel
Condominium
Value:
USD
100M
Role:
Branding
&
Sales
Management
Principal
Investor:
OFTON
Yapı
&
FTG
Descrip=on:
First
of
its
kind
development
in
Turkey
where
hotel
rooms
are
being
sold
with
income
guarantee.
Year
2010
Kronos
Members:
Samim
Ha=poglu
was
the
CEO
of
FTG
development
and
managed
the
contractual
process
with
OFTON
Yapı
and
project
sales.
The
launch
of
the
project
with
celebri=es
event
was
a
huge
success.
Project:
Rixos
Bomonty,
Istanbul,
Turkey
Sector:
Branded
High
Rise
ResidenJal
Value:
USD
200M
Role:
Branding
&
Sales
Management
Principal
Investor:
IPEK
Çakırkaya
&
FTG
Descrip=on:
Very
desirable
project
with
40
storeys.
Value
added
by
branding
was
over
40%.
Year:
2009
Kronos
Members:
Samim
Ha=poglu
was
the
CEO
of
FTG
development
and
managed
the
branding
process
and
project
sales.

8. Other
Professional
Track
Record
of
Samim
HaJpoğlu
Project:
Borabay
Lakes,
Kazakhstan
Sector:
Master
Development
Value:
USD
2.5B
Role:
Partnering
Process,
New
Market
Introduc=on,
Architectural
Coordina=on,
Acquiring
Land
and
Zoning
Principal
Investor:
Limitless
Proper=es
Dubai
&
FTG
Development
Descrip=on:
Enacted
the
forma=on
of
Joint
Venture
for
the
master
development
of
the
largest
planned
resort
zone
in
Kazakhstan.
Created
a
unique
master
plan
with
Civic
Art
from
UK,
acquired
land
and
applied
for
zoning.
Year:
2008
Kronos
Members:
Samim
Ha=poglu
was
the
CEO
of
the
FTG
Development
as
semi-­‐professional.
Project:
Rixos
Residences
at
Palm
Jumeriah,
Dubai,
U.A.E.
Sector:
Hotel
Condominium
Value:
USD
130M
Role:
Branding
&
Project
Incep=on
Principal
Investor:
Al
FaVan
Proper=es
&
FTG
Development
Descrip=on:
Pres=gious
mixed-­‐use
project
where
the
residence
sec=on
consists
of
112
flats,
offering
various
op=ons
such
as
2-­‐3
bedroom
residences
as
well
as
4-­‐5
bedroom
detached
villas
with
gardens.
Year
2011
Kronos
Members:
Samim
Ha=poglu
was
the
CEO
of
FTG
development
and
managed
the
contractual
process
with
Al
FaVan
Proper=es
of
Dubai.
Project:
Khan
Shatyr
Residences,
Astana,
Kazakhstan
Sector:
Branded
Mid-­‐Rise
ResidenJal
Value:
USD
150M
Role:
Fee
Based
Development,
Forma=on
of
Tax
Efficient
Structure
Principal
Investor:
DEYAAR
Proper=es
Dubai
&
FTG
Development
Descrip=on:
Introduced
the
Kazakh
Property
Market
to
Dubai
Developer,
managed
the
agreements
process
and
formed
the
structure.
Year:
2007
Kronos
Members:
Samim
Ha=poglu
was
the
CEO
of
FTG
development
and
managed
the
process
which
involved
complex
financial
transac=ons.

9. The
Kronos
Team
Eng.
Samim
HaJpoğlu,
M.S.
Managing
Director
&
Founder
Key
Role:
Investor
Rela=ons,
Agreements,Development
Process
Execu=on
of
Project
Sales
&
Marke=ng
He
was
born
in
1966
at
Istanbul.
Axer
gradua=ng
from
Istanbul
German
High
School
&
Bosporus
University
Mechanical
Engineering,
he
did
his
masters
in
Portland
State
University
Engineering
Management
Program.
He
started
his
professional
career
in
1992
at
Alarko
Holding's
Treasury
&
corporate
finance
department.
Then
at
the
same
group
he
has
joined
property
development
group
as
marke=ng
&
sales
manager.
He
had
worked
at
Alarko
=ll
1999.
He
has
par=cipated
in
the
IPO
&
road
show
of
Turkey's
first
REIT
(ALARKO
Real
Estate
Investment
Trust).
Then
he
has
worked
in
World
Trade
Center
Istanbul
project
at
EGS
REIT
and
SUZER
Real
Estate
company
in
The
Residences
at
the
Ritz
Carlton
project.
In
2002
he
went
to
Sydney,
Australia
to
con=nue
his
career
in
the
interna=onal
property
development
arena
and
worked
in
several
projects
(Bramson
Beach
Resort
&
Rex
Apartments).
In
2005
he
joined
Yapı
Merkezi
as
General
Coordinator
to
lead
the
highest
residen=al
tower
in
Istanbul,
Şişli
Plaza
and
Arkeon
Residen=al
Complex.
In
2006
he
was
the
founding
partner
of
FTG
Development.
FTG
has
developed
world
famous
Khan
Shatyr
Shopping
and
Entertainment
Complex
in
Kazakhstan,
Residences
at
the
Khan
Shatyr,
managed
expansion
of
Rixos
Suits
and
Residences
in
Istanbul,
acquired
francize
of
Debenhams
from
UK
and
MUDO
of
Turkey,
formed
Property
Management
joint
venture
with
Bilfinger
Berger,
enabled
a
partnership
with
GL
Events
of
France
and
many
other
projects.
In
2011
he
has
started
to
develop
under
its
own
brand
which
is
Kronos
Development.
Fuaye
Sureyyapaşa,
G
Plus,
Future
Park
Istanbul,
Vera
Residences
developments
were
past
projects.
Currently
Brooklyn
Park
Istanbul,
Çengelköy
Park
and
Safahat
Konakları
are
his
ac=ve
residen=al
projects.
Burcu
Gülhan
Sales
Director
Key
Role:
Customer
Rela=ons,
Sales
Agreements,
Project
Sales
Management
She
has
started
with
Kronos
Team
in
2011
at
Fuaye
SüreyyaPaşa
project
at
Recep=on
and
Customer
Rela=ons
department.
She
moved
very
fast
in
her
career
and
became
sales
agent
in
the
same
project.
Axerwards
she
moved
to
Newada
project
for
the
same
role.
Currently
she
is
the
sales
director
of
Brooklyn
Park
Project
managing
the
sales
team
in
Fikirtepe,
Istanbul.
Cihan
Konuş
Senior
Sales
Director
Key
Role:
Customer
Rela=ons,
Sales
Agreements,
Project
Sales
&
Marke=ng
He
has
started
with
Kronos
Team
in
2011
at
Fuaye
SüreyyaPaşa
project
as
Sales
Agent.
He
moved
very
fast
in
her
career
and
became
sales
director
in
the
same
project.
Axerwards
he
moved
to
Çengelköy
Park
project
for
the
same
role.
He
managed
the
sales
team
and
pres=gious
sales
complex.

10. Kronos
involvement
throughout
the
Investment
Cycle

11. Press
Cu`ngs

12. Key
Role
in
the
internaJonalizaJon
of
Turkish
Property
Sector
Time
Line
Road
Show
of
the
first
REIT
in
Turkey
at
US
&
Europe
for
Alarko
Holdings
–
1996
Introduc=on
of
American
Master
Planner
RNM
for
Alkent
Istanbul
2000
Project
–
1997
Crea=on
of
investment
vehicle
for
Yapı
Merkezi
with
Shamil
Bank
of
Saudi
Arabia
–
2005
Partnering
with
BFG
Group
of
Switzerland
for
Galatasaray
Stadium
Conversion
Project,
was
the
first
runner
up
with
USD
155
M
bid
-­‐
2007
Block
Sale
of
5
Luxury
Residences
to
Afgan
Ambassador
in
Rixos
Elysium
Project,
Taksim
–
2010
Introduc=on
of
Turkish
Property
Market
in
Büyükçekmece
to
HSA
Conglomerate
of
Yemen
–
2011
Innova=ve
offering
of
home-­‐offices
to
Russian
Oligarchs
and
Arab
Investor
in
Rixos
Execu=ve
Apartments
–
2011
Enabling
the
market
entry
of
Al
Fozan
Group
of
KSA
to
Istanbul
and
Bodrum
Proper=es
–
2012
Largest
Block
Sale
of
USD
200M
Towers
to
SHK
Ehsaan
Abdul
Jawad
of
Saudi
Arabia
in
Maslak
1453
project
-­‐2013
Block
Sale
of
USD
25M
villas
to
FAWAZ
Al
Hokair
Group
of
KSA
in
Mandarin
Oriental
Project
at
Bodrum
–
2013
Offering
and
closing
of
most
valuable
land
in
Bosporus,
ex-­‐Carlton
Hotel
site
to
Saudi
Group
of
Investors
at
USD
160M
–
2013
Market
entry
for
Çengelköy
Park
Project
in
Dubai
Cityscape
fair
to
the
huge
GCC
market
and
closing
of
sales
to
retail
occupiers
-­‐
2014
Partnering
nego=a=ons
for
major
developer
from
GCC
and
Pana
Group
for
project
size
USD
1.5B
-­‐
2015

13. Services
Scope

14. Notes:
Paid
Capital:
1.000.000
TL