Turkish REITs - Real Estate Investment Trusts
List of major REITs - Real Estate Investment Trusts - operating in Istanbul, Turkey.
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# Web Link Hits
1   Link   Alarko Real Estate Investment
Alarko Real Estate Investment Company "AREIC" was established in July 1996 by transforming an Alarko company established in 1978 to a Real Estate Investment company.
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2   Link   Dogus GE REIT
At the end of 2001, as a result of the merger of Osmanlı Bank and Garanti Bank -both Doğuş Group banks- 51% of company’s shares were transferred to Garanti Bank, making it a financial participation of Garanti Bank and its name was changed into Garanti REIT.As of December 1, 2006, the shareholding structure changed as Garanti Bank sold 50% of its shares to GE Real Estate and 50% to Doğuş Holding A.Ş. Currently, Doğuş Holding A.Ş. and GE Real Estate, each hold 25.5% of the shares whereas 49% of the shares are publicly held.
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3   Link   Fiba Group
The Fiba Group's investments in the financial services industry are in banking, leasing, factoring, insurance, NPL management and private equity fund. Its non-financial investments are in aviation, retailing, real estate, energy, ship building and port management.
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4   Link   Yapi Kredi Koray
A Jv of Yapi Kredi Bank and reknowned Koray Construction Group.
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5   Link   Krea
Krea Real Estate is the operating partner of Merrill Lynch in Turkey, acting as an investor, project developer, and investment counselor.
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6   Link   Metro Group
Metro Group of Germany primarily active in the retail industry.
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7   Link   Pera
Company's main scope of activity is to develop a real estate portfolio and to improve real estate of its portfolio and to make investments in real estate backed capital market in line with objectives and scopes indicated in Capital Market Board's regulations for real estate investment trusts. Company's shares were offered to public in 1992 and 100% of them are traded at Istanbul Stock-Exchange (IMKB).
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