Centavos Investment B.V. was founded in 1999 by Mr. Ali Kaynar and Mr. Bekir Kaynar.
With a small amount of financing, the first three properties were purchased, renovated, and leased.
After the success of the first property management, more properties, including residential and hospitality properties, were purchased. Housing was mostly and privately turned into student housing, for which there was then – and still is – a great need. One and all concentrated around the city of Groningen and the Province.
Over time a large real estate portfolio was built up over the years. In 2017, some of the real estate was sold and the sale generated capital for new opportunities.
Those new opportunities led them beyond the borders of the Netherlands to Germany and Turkey.
In Germany, Lamassu Bauträger GmbH was founded in 2017. Several apartment buildings have since been built and sold there.
Anno 2024, 25 years after the founding, interests in real estate in and outside the Netherlands are still strong and Ali and Bekir Kaynar’s search for new, interesting investments continues.
Tomtom Mahallesi İstiklal Caddesi Beyoğlu İş Merkezi No:187/4
34433 Beyoğlu/Istanbul
Turkey
The Dutch Business Association Turkey cooperates closely with the Dutch Consulate General in Istanbul and the Dutch Embassy in Ankara. It is an official non-profit foundation and operates as a business network with a wide and diverse membership base. Our members are people working in high-level management roles for Dutch-related companies.