Our history

“He who does not know his past cannot define his future.”

Mustafa Kemal Atatürk

(1881 – 1938)

Nur Apartmanı - Şanlıurfa (1970)

The Saçaklıoğlu family-owned business dates back to 1930s. It was founded by Vahdettin Saçaklıoğlu (1914–2002) and Ayşe Saçaklıoğlu (1925–2002).

The company started as a small retailer and agricultural producer.

In 1955 Hüseyin Saçaklıoğlu (1945–1996) and İbrahim Halil Saçaklıoğlu joined the enterprise. Later on Ömer Saçaklıoğlu (1958–2020) took the reins of the business, and it was under his leadership that the company grew and evolved unlike ever before.

The family diversified its business by opening a chain of grocery stores, restaurants, and bakeries, furniture workshops, textile and jewellery shops as well as engaged in gas supply and oil trade operations.

As time went on construction and professional development of multi-storey residential buildings, office blocks, industrial buildings, hotels, multifunctional facilities and shopping centres became the core business of the Saçaklıoğlu family-owned enterprise. In 1970 the company built its first real estate project in the city of Şanlıurfa in the east of Turkey.

Since then we have completed over a hundred real estate projects of various categories.
Here are some of the socially important projects that marked major milestones for the company:

  • Istanbul Aquarium. A 22,000 sq. m shopping and entertainment centre with the largest thematic aquarium in the world which a member of the World Association of Zoos and Aquariums;
  • Istanbul Tower 205 Levent. Turkey’s largest business centre with a total floor area of 246,000 sq. m. The project was designed by world-famous Skidmore, Owings & Merrill firm which had previously worked on Burj Кhalifa, Empire State Building, Chrysler Building, and Freedom Tower.
Istanbul Tower 205 Levent

“I belong to the third generation of Saçaklıoğlu family. A long time ago I joined our family company in Istanbul and climbed the career ladder all the way from the bottom to the top.
I am the founder of Bosphorus Development, whose mission is to build real estate projects both in Türkiye and abroad in European countries and the USA.

 “Bosphorus Development” company’s aim to apply the successful experience of the Saçaklıoğlu family in the field of construction and real estate development acquired since the 1970s in the implementation of our projects and to leave the company to future generations.

“Bosphorus Development”, in accordance with the corporate principles of company management, in cooperation with the best world architects and engineers, implements modern and ecological with the environment projects.

Reputation means everything to us. The company’s reputation is our family’s reputation, and living up to it is an honour.”

Mehmet V. Saçaklıoğlu

FOUNDER & CHAIRMAN OF THE BOARD