Hamdi Akın

Loft Art, an art space realized by Akfen Holding as part of a social responsibility project, has been opened at Nisbetiye On in Istanbul's Beşiktaş district.

Ayşe Jaber is the art director of the venue.

The works of young artists will be featured in the new venue, which opened with an exhibition titled "Humano."

Turkey's Akfen Renewable Energy is to build 13 wind and solar power plants with a total investment of $530 million, Akfen said on Sept. 19.

The European Bank for Reconstruction and Development (EBRD) has said it is providing a financing package of up to $102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding.

Turkey's Akfen Holding has announced it signed a deal to sell a 40 percent stake in the Mersin Port to Australia's IFM Investors for $869 million. 

The share of Akfen in the port declined to 10 percent after the deal was signed. 

In a statement late on July 31, the company said Akfen Holding Chair Hamdi Akın would keep his chairmanship position in the port. 

Turkey's Akfen has said it signed an agreement on June 9 to sell its remaining 8.12 percent stake in TAV Airports to France's Aeroports de Paris (ADP) for $160 million. 

The French company plans to expand into new markets in the Middle East, Central Asia, Europe and Africa as well as new areas within Turkey along with TAV, according to company representatives. 

Turkey's Akfen Holding will make investments worth over 6 billion Turkish Liras ($1.7 billion) in 2017, with the construction of giant urban hospital projects and energy projects taking the lion's share, Akfen Holding and MIP Chair Hamdi Akın said at a press meeting to open the East Med Hub Terminal in Mersin International Port (MIP) on Dec. 15.