Valuation Research Global Expands International Network with Turkish Firm Denge Değerleme

Valuation Research Global (VRG) announced that Turkey-based independent valuation firm Denge Değerleme has joined its international network. This expansion strengthens VRG's presence in a strategically important market and adds significant valuation expertise to its global operations. Denge Değerleme, founded in 2005, provides comprehensive valuation and advisory services across multiple asset classes including real estate, machinery, equipment, corporate assets, and insurance.

The Turkish firm brings substantial credentials to the VRG network, being accredited by the Royal Institution of Chartered Surveyors (RICS) and authorized by both the Capital Markets Board of Turkey and the Banking Regulation and Supervision Agency. The firm was also honored with the Certificate of Excellence in Quality from The Socrates Committee in Oxford, UK. These credentials demonstrate Denge Değerleme's commitment to meeting both international and local regulatory standards, which is crucial for clients operating in global markets.

Denge Değerleme has established itself as a significant player in the Turkish valuation market, having completed nearly $40 billion USD worth of tangible fixed asset valuation in 2024 alone. The firm serves a diverse client base including banks, financial institutions, corporations, investors, and public entities. With 10 offices across Turkey and one in the Netherlands, the firm employs 113 certified valuers and maintains a full team of over 150 professionals. More information about the firm can be found at https://www.dengedegerleme.com.tr.

The firm's leadership includes Baki Budakoğlu as Chairman and Simla Budakoğlu Sönmezler as General Manager and Board Member. Cem Kurt, European Region Manager, serves as the primary contact for all global inquiries and leads international collaborations. This leadership structure positions Denge Değerleme well for increased international engagement through the VRG network.

Denge Değerleme is recognized for having the largest machinery and equipment appraisal team in Turkey, combining the expertise of seasoned appraisers, engineers, and financial professionals with advanced technological infrastructure. This enables high-volume, high-quality reporting capabilities that align with VRG's standards for valuation services. The addition of Denge Değerleme to VRG's network represents a strategic move to enhance service offerings in a growing market while strengthening the global network's capabilities in tangible asset valuation.

VRG, formed in 1995, maintains a global network with over 1,500 professionals across nearly 50 office locations spanning five continents. The organization has served clients in more than 100 countries, providing expert and independent opinions of value for business enterprises, intangible assets, real estate, and personal property. The integration of Denge Değerleme into this network creates opportunities for enhanced collaboration and service delivery across regions, particularly benefiting clients with interests in both Turkish and international markets.