Toos Gostar Investment Development Company Public Joint Stock (Iran)

Toos Gostar Investment Development Company Public Joint Stock is a company located in Mashhad. It was established as a joint-stock company and registered in the Khorasan Real Estate and Deeds General Office on April 16, 1375. The company started its activity with a capital of forty billion riyals and received support from the Ministry of Housing and Urban Development. On October 9, 2013, the company's symbol was opened in the Tehran Stock Exchange. The company's main activities, as stated in its articles of association, include investing or implementing construction projects such as residential, commercial, and public spaces. It also engages in buying and investing in securities and shares of other companies. Toos Gostar Investment Development Company aims to attract and share small capitals and savings of individuals in line with its goals. Additionally, the company obtains loans and facilities from the banking system and domestic and foreign financial and credit institutions. It also creates mortgage savings funds and non-bank financial and credit institutions. Furthermore, the company is involved in buying and selling real estate.