Akfen Gayrimenkul Yatirim Ortakligi Anonim Sirketi is a real estate investment trust located in Istanbul, Turkey. It was incorporated in 2006 and went public on May 11, 2011, trading on the Borsa Istanbul (BIST) under the share code "AKFGY." The company has a portfolio that includes 21 hotels, 1 holiday village, 2 dormitories, and 1 office building. Akfen REIT is a leading hotel investor in Turkey, primarily partnering with Accor Group. They have long-term lease agreements for 19 hotels in Turkey and Russia, generating regular rental income. The company's portfolio value exceeded TL 10 billion by the end of 2022. Akfen REIT aims to increase its regular rental income, expand its portfolio, and provide transparent information to its shareholders. They have a strategy focused on earlier dividend distribution, increased revenue and profitability from new investments, and expanding their portfolio through long-term agreements and asset acquisition.
Headquarters
Levent Loft, Buyukdere Street, C Block No: 201, Floor:8 Flat:150, Levent
Istanbul; Marmara;
Postal Code: 34394
Contact Details: Purchase the Akfen GYO A.S. report to view the information.
Website: http://www.akfengyo.com.tr/en
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