Resilience in Retail: Inside the Success of Turkey’s Largest Mall Operator: Rönesans Gayrimenkul Yatırım
Erman Ilıcak, Honorary President of Rönesans Holding, was featured in The Wall Street Journal sharing how Rönesans Gayrimenkul Yatırım navigated the challenges of Türkiye’s volatile retail real estate sector to become a market leader.Read More On: https://ronesans.com/en/news/retail-resilience-ronesans-gayrimenkul-yatirim-success-story
A Vision for Sustainability
Rönesans Holding has published 2024 Sustainability Report, highlighting the sustainability strategy and social impact vision. Key achievements include:- Implemented 100% zero-emission operations as part of our construction practice
- Eliminated Scope 2 emissions and significantly reduced Scope 1, 2, and 3 intensity
- Transitioned to green sites powered by renewable energy
- Advanced circular economy initiatives across key projects
- Issued Türkiye’s first sustainable Eurobond in the sector
Explore the report: https://ronesans.com/en/sustainability/the-ronesans-impact-on-the-environment/reports
Ballast Nedam, a Netherlands-based Rönesans group company, has published its 2024 Annual Report, highlighting robust sustainability practices and financial success:
- Revenue of €1.2 billion and an improved EBITDA of €91.5 million, resulting in an EBITDA margin of 7.4%
- A 51.5% reduction in scope 1 and 2 emissions for Dutch activities since 2019, aiming for net zero by 2030
- 98% reuse and recycling of non-hazardous waste
Read More On: https://www.ballast-nedam.com/news/2025/ballast-nedam-annual-report-2024
Q1 2025 Financial Insights from Rönesans Gayrimenkul Yatırım
Rönesans Gayrimenkul Yatırım announced its Q1 2025 financial results. Key highlights include:- EBITDA grew by 37% in Euros 3.3 billion Euros in total assets
- 99% occupancy across the portfolio
- 114 million annual visitors
- All 15 assets achieved the top-tier BREEAM In-Use ‘Outstanding’ rating, making Rönesans Gayrimenkul the only real estate company in the world with this achievement.
Conversations on Sustainability
Emre Hatem, Energy Group President and Board Member at Rönesans Holding & Rönesans Enerji, shared the partnership with TotalEnergies and green energy goals at the Wenergy EXPO panel titled “International Sustainability Partnerships and Green Transformation”, organized by CCI France-Turquie / Türk-Fransız Ticaret Derneği.
In an interview with Fast Company Türkiye, Emre Hatem discussed the potential of wind energy in Türkiye, the country’s opportunities in this field, and Rönesans Enerji’s upcoming investment plans.
Read More On: https://fastcompany.com.tr/dergi/ruzgarin-gucuyle-buyuyecegiz/
Empowered by the wind!
Rönesans Enerji has doubled its renewable energy capacity in just one year through wind energy investments.Offshore Wind Expertise
Having built its first wind farm more than 30 years ago, Ballast Nedam now leads the entire process in challenging geographies, prioritising environmental sensitivity—from turbine foundations and field cabling to the decommissioning of turbines at the end of their lifecycle.Award-Winning Achievements in Sustainability
Ballast Nedam’s Jonas Project received the "Best New Construction | Residential" and "People’s Choice Award | Residential Building" at the BREEAM Awards 2025.
Empowering Women and Youth: Driving Social Progress
In collaboration with the Sivil Toplum için Destek Vakfı (Support Foundation for Civil Society - SFCS), Rönesans Holding supported a gender equality program through the Gender Equality Fund.Together with the Association of Freedom and Equality for Women (KÖVED), a gender equality awareness program was organized, bringing together women from Malatya Yaşam Kent.
Rönesans Eğitim Vakfı launched the Rüzgar Gülü/Pinwheel Project, transforming classrooms and providing educational opportunities for children in disadvantaged regions.
Honoring May 19th: A Day for Youth, Sports, and National Pride