BRUSSELS - the expansionary group Vizzion Europe work shop D’Art Urbain around the Turkish belgian Sefik Birkiye picks up 200 millions euro. Birkiye took recently an option on a small island in the Caraïben.
Sefik Birkiye, a Belgian architect of Turkish origine, have been especially confessed at the general public of the architect combination work shop D’Art Urbain, which he has set up in 1979. That office had been involved in a number of striking realisation such as Kbc-gebouw to the port alley, bldg. of Fortis and Dexia, the complete renewal of City2, the Nile city Financial Center in caïro, five ASTRE monaco River Resort in Monte Carlo, and projects on the British virgin islands and in Turkey. Initially work shop D’Art Urbain with other architectural firms worked. In 2004, Birkiye aimed the company Vizzion Europe at the that pin are of a concept of vertical integration. In 2006, bought he are minority partners in work shop d’Art Urbain from and left he the company still exclusively for its own group work.
The nerve centre of Vizzion has established in Brussels to the avenue Lloyd George. The concept of vertical integration of Vizzion Europe implies that it is started with tracing suitable areas and that the group answers also for the design, the realisation and commercialisatie of projects which appear according to Birkiye in the sign of ‘ ecologie ‘ - but the term luxury seems at least just as suitable. At present Birkiye are busy with the financial consolidation of its group, where a new company is established: Vizzion Participations.
Those 200 millions euro will get capital and invest in aim companies which realise luxeprojecten, yes or no in association with strategic partners. For the capitalisation of the aim companies possible still 600 millions are extra gezocht. At the professional investors whom Vizzion address, also rich west-Vlamingen sit. Birkiye have ambition for 4miljard euro realise projects. Thereby each time a cocktail party of financing resources is necessary such as own capital, mezzanine credits (discriminated against credits) and bank credits. Today group has already companies actively in five countries (Luxembourg, Belgium, Switzerland, Turkey and France).
A financing structure of 600 millions euro puts (of which 100 millions capital introduced by some professional investors who the group already follows some years and 500 millions euro bank debts). For this reason Vizzion have ambition its extend presence to ten countries and adapt the financial structure. Vizzion Participations must the central financing pill become. The group has recently bought a ski area in the Serbian mounts around which luxe-ontwikkeling will come. In bordeaux in January an area was bought where for 220,000 square meters bebouwing will come existing from shop occasions, hotels and entertainment.
A golf area has been also planned. ‘ coming four à five years we realise each time 200,000 à 300,000 square meters investments per year ‘, say a spokesman of the group. Sefik Birkiye have among others taken an option on purchase of a small island in the Caraïben true luxuriously resort must come. Vizzion will will intensify in the short term also settle on in qatar and its activity in Turkey. Birkiye have planning to be ambitious plans two weeks on Mipim in Cannes, largest proposal well grant in the world. Vizzion are also candidate get megaproject of the ground to the bank of the bosporus in Istanbul. ‘ Haydarpasa ‘ would include include an area of 100 hectares (1miljoen square meters) and whole shops, offices, hotels, congress centres, socio cultural infrastructure and public parkings. Or Birkiye that project to itself toekan draw, is still the question. Provisionally standing for 600 millions euro investments permanently and sitting for 2.2 billion euro projects in the pipe line.