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

Striking Investment Move by Akfen GYO

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

Land Value and Transaction Details

The acquired property was valued at 1,671,080,000 TL without VAT according to the valuation report prepared by Epos Real Estate Consulting and Valuation Inc., while Akfen GYO’s transaction was assessed at a 17% discount. The entire transaction amount was paid in cash and the purchase 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 income potential from projects to be developed for storage purposes are expected to have a strong impact on the company’s equity and profitability. In the long run, such investments aim to provide 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 highlights the industry's transformation and the company's growth strategy. These steps are poised to strengthen the company’s future financial stability and competitive position.