Cevdet Caner

From Wikipedia, the free encyclopedia

Cevdet Caner is a Kurdish-Austrian real estate entrepreneur. He is chief executive of Aggregate Holdings.[1] He is resident in Monaco.[2]

Early life and education[edit]

Caner was active in youth politics, serving as president of the Socialist Youth Austria (SJÖ) in Linz.[3] He founded his first company, CLC, while studying business administration.[3]

Career[edit]

In 1997, Caner founded Call & Logistik Center GesmbH (CLC) and became its managing director.[4] CLC then took over the larger call centre group Camelot.[5] Caner sold his shares and left the company three years later.[4]

In 2005, Cevdet Caner founded the real estate holding company Level One, registered on the Channel Island of Jersey.[4] By 2008, the portfolio had grown to around 28,000 residential units with a total value of 1.85 billion euros.[4] Credit Suisse, JP Morgan, Royal Bank of Scotland and other British firms invested into Level One.[6] Credit Suisse, the largest lender, approved a total of €1.3 billion in loans to Level One, and also served as leading bank for the IPO planned for March 2007.[6] This IPO was postponed, and the second attempt was foiled by the subprime crisis.[6] In 2008, the real estate group filed for bankruptcy for its German property companies.[7] Caner's £20 million London property was repossessed in 2009, the largest property repossession in British history at that time.[3]

In 2022, Caner became shareholder and CEO of Aggregate Holdings SA.[1]

References[edit]

  1. ^ a b Henning, Eyk; Casiraghi, Luca (2022-07-04). "Caner Takes Stake in Adler's Investor Aggregate, Becomes CEO". Bloomberg.com. Retrieved 2023-05-02.
  2. ^ O'Murchu, Cynthia; Smith, Robert (2021-10-29). "Villain or victim? The mysterious Mr Caner steps out of the shadows". Financial Times. Retrieved 2023-05-02.
  3. ^ a b c Hughes, Mark (2009-06-14). "Tycoon hit by a £20m repossession". The Independent. Retrieved 2023-05-02.
  4. ^ a b c d Scheller, Kerstin. "Vom Linzer Jung-Sozi zum Immobilienhai". DER STANDARD (in Austrian German). Retrieved 2023-05-02.
  5. ^ Klähn, Andreas (16 November 2011). "Call-Center-Spezialist Camelot von österreichischer Firma übernommen - WELT". DIE WELT (in German). Retrieved 2023-05-02.
  6. ^ a b c "Österreicher Cevdet Caner bringt Credit Suisse in Probleme | boerse-express.com". web-archive-org.translate.goog. 2016-12-20. Retrieved 2023-05-02.
  7. ^ Haimann, Richard; Schwaldt, Norbert (27 August 2017). "Immobilien : Riesenpleite auf dem deutschen Wohnungsmarkt - WELT". DIE WELT (in German). Retrieved 2023-05-02.