Listed retail specialist Corio has appointed Cem Alfar as CEO of its Turkish property arm Corio Turkiye. Alfar has more than 20 years of experience in Turkish real estate. From early 2010 until recently he had his own company which specialised in providing advice on retail real estate in Turkey. Before that he was managing director of Foruminvest in Turkey, with responsibility for developing and investing in shopping centres in the major Turkish cities.

Listed retail specialist Corio has appointed Cem Alfar as CEO of its Turkish property arm Corio Turkiye. Alfar has more than 20 years of experience in Turkish real estate. From early 2010 until recently he had his own company which specialised in providing advice on retail real estate in Turkey. Before that he was managing director of Foruminvest in Turkey, with responsibility for developing and investing in shopping centres in the major Turkish cities.

Alfar also worked for Dogan ªirketler Grubu as real estate developer, ECE Türkiye as head of the business development department, Efsane Motor as general manager and with McDonald’s as senior real estate representative.

Corio's portfolio in Turkey currently consists of seven operational shopping centres with a value of EUR 574 mln but the Dutch listed company is planning to expand the portfolio.