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JLL signs agreement with acclaimed Turkish Restaurant CZNBURAK

 

As part of the agreement, JLL will find potential investors, partners, and assist with multiple market entries

 

Filed under
Property Management
 
May 9, 2021
 
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JLL signs agreement with acclaimed Turkish Restaurant CZNBURAK
 

JLL, a leading professional services firm that specializes in real estate and investment management, and famous Turkish restaurant CZNBURAK, a brand that is owned and managed by Dives Holding, have signed an agreement to support its expansion and growth regionally, as well as globally.

As part of the agreement, JLL will find potential investors as well as partners for the restaurant, and assist multiple market entries, starting with the Middle East and then expanding to the global market. The aim is to bring the well-known restaurant to each major city as a flagship Turkish dining experience.

The agreement was signed at an official ceremony between Dilshad Sak from Dives Holding and Alfred Abi Antoun from JLL.

Commenting on the partnership Alfred Abi Antoun, Head of Retail – KSA & Egypt, JLL said, “Expanding into a market or breaking into new countries is a challenging protocol for any brand. Whether it’s an F&B brand, a grocery store, a service shop, a fashion retailer or an entertainment concept; understanding the market and targeting the correct locations create a strategic approach to the brand in the region and we look forward to assisting Dives Holding with the process.”

Commenting on the Partnership, Dilshad Sak, Board Member of Dives holding, said, “As we grow, it is inevitable that operational challenges will emerge, especially as Dives Holding is carrying out a huge Turkish flagship brand.  As such, we are obligated to be more cautious and ensure that our operations are carried out efficiently and effectively.  We believe this partnership will provide us with the necessary capabilities to achieve our goals.”

CZNBURAK has been a huge success story since opening in Dubai Downtown Boulevard, serving more than 45,000 customers in its first month, including H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and celebrities such as footballer Cristiano Ronaldo and actor Steven Segal. The restaurant is a collaboration between Özedmir and Dives Holding. 

 

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