Akfen GYO makes a strategic land investment worth 1.4 billion TL in Gebze.

Striking Investment Move from Akfen GYO

Akfen Real Estate Investment Trust Inc. (Akfen GYO) has taken a significant step in the Turkish real estate market by making a 1 billion 391 million TL investment in a strategic land parcel measuring 141,000 m² in the Gebze district of Kocaeli. This transaction was approved during the Board of Directors meeting held on December 23, 2025.

Value of the Land and Transaction Details

The acquired property was appraised at a market value of 1,671,080,000 TL excluding VAT, according to an appraisal report prepared by Epos Real Estate Consultancy and Valuation Inc., while the transaction made by Akfen GYO was assessed at a 17% discount. The entire transaction amount was paid in cash, and the purchase process was completed on the same day.

Returns on Investment and Strategic Importance

This significant investment by Akfen GYO is not merely a land acquisition. The anticipated value increase in this location and the rental income potential of projects to be developed for storage purposes are expected to have a strong impact on the company's equity and profitability. In the long term, such investments are aimed at providing strategic advantages to Akfen GYO while also increasing the diversity of its real estate portfolio.

In Conclusion

Akfen GYO's large-scale investment in Gebze showcases the transformation in the sector and the company's growth strategy. These steps will be crucial in strengthening the company’s future financial soundness and competitive position.