Our Firm

Our History

Black Sea Emlak Yatirim ve Ticaret A.Ş. was founded in 2020 in Istanbul, Turkiye by banking industry veteran Umair Saeed; Chairman & CEO. At its helm is Haroon Rashid CFA, Chief Investment Officer and ex-Head of Capital Markets for MCB. Blacksea’s raison d’etre was forged from a dislocation in the market of under-served large corporations intending to expand their investments globally in real estate projects & individual real estate investors seeking a focused and local platform, underpinned by a long-term view, to match their market aspirations with the investment objectives.

Today, Blacksea is the most exclusive real estate investment advisory with a team of industry professionals fully dedicated to serving South Asia, North America & GCC-based investors. Since its inception, Blacksea has assisted in investing millions of dollars for its clients across a variety of mandates and strategies and prides itself on fostering deeply rooted relationships with key institutional and non-institutional investors across the region including:

• expats & internationals
• private funds
• accredited investors -high income retail groups mostly locals of GCC, Iran, India, Pakistan, Africa
• corporations
• multi-family and family offices
• ultra-high net worth individuals

Blacksea has built over 300 South Asia & MENA investors & large corporate relationships and works with investment managers across various asset classes including:

• Residential real estate
• Commercial real estate
• Direct investments
• Acquisitions of hotels or farmlands

Blacksea’s business growth success stems from its approach and commitment to providing institutional grade service to its clients with a concerted and relentless desire for excellence coupled with continual investment in operational development.

From our office in Istanbul, we’ve consistently expanded into key global destinations with our coverage office in Lahore and Representative Offices in Dubai & Brimingham, bringing our award-winning customer focus and first-class advisory to both domestic and international audiences.

Our Vision

To be the leading Real Estate Investment Firm in the region. Blacksea bridges the compliance ethos of the West with the service culture of the East and maximizes value for its stakeholders by applying the highest standards of professionalism and expertise.

Our Mission

Blacksea is the premier institutional grade advisory and real estate investment firm in the region. We achieve this by forging grass-roots relationships and bringing end-to-end transparency, speed, efficiency and flawless execution to the process of matching our investment portfolio with our investors’ needs who have an expressed and proven appetite.

Principles

• We continually seek to strengthen our relationships and build long-lasting trust within our local and global industry communities.
• We proactively re-invest in hyper-local, fully-compliant execution.
• We pay close attention to detail, collaborate synergistically, and focus on driving results.
• We endlessly improve our workplace, our resources, our team, our capabilities, and our expertise.
• We uphold the highest standards of integrity and ethics required of industry-leading professionals.

Our Values

Blacksea marries the strict compliance ethos and stringent standards of professionalism adhered to by the world’s foremost advisory services and investment firms, to a deep understanding of the local business culture and an unrivalled network of relationships amongst the region’s elite investors – spanning Locals, Expats & Internationals, Accredited Investors, Family Offices, Institutional clients, and Ultra High Net Worth Individuals.

Since its inception in 2020, Blacksea has maintained an unbroken track-record of year-on-year growth. We have been able to achieve this only because while we continue to strive for excellence, we refuse to compromise on our strict standards of business conduct and our adherence to our core values of integrity, close attention to detail, discretion, and the care with which we select the project developers and investors we do business with.

We have invested years of sustained effort in forging and maintaining intimate relationships with our investor base to develop deep insight into their real estate investment objectives and the nuances of their preferred methods of approaching investment propositions. We greatly value the trust and respect of these sophisticated investors, and they know that we are correspondingly discerning about the assets and projects that we introduce to them.

We have also demonstrated to our investor base and to the market in general that our commitment and belief in the long-term prospects of the region is absolute and unshakeable. We have continued to invest, and grow, and build our presence in the region, through good times and bad, even as much larger firms have withdrawn or retrenched.

For our clients, an introduction by Blacksea bears the credibility that is the fruit of years of uncompromising hard work, demonstrable commitment, and the high mutual respect we enjoy with our investor base – all vital prerequisites of doing business in a region where personal relationships and trust are valued above all else.

To accomplish our mission, we instill in our staff at every level that every decision they make must be based on our core ethos where “customer always comes first” and that permeating every action must be a sense of unwavering meticulousness and exemplary business conduct.