Avrupakent Gayrimenkul Yatirim Ortakligi SA
BBIST:AVPGY47.18
TRY
-0.68
(-1.42%)
Avrupakent Gayrimenkul Yatirim Ortakligi SA
BIST:AVPGY
(Istanbul Exchange)
Recent
price
47.18
P/E
ratio
- -
div
yld
7.11%
ROIC.AI
Capital Structure
TRY
•
in mil. unless spec.Working Capital
TRY
•
in mil. unless spec.Growth Rates
TRY
•
in mil. unless spec.Quarterly Revenue
TRY
•
in mil. unless spec.Quarterly Earnings Per Share
TRY
•
in mil. unless spec.Quarterly Dividends Per Share
TRY
•
in mil. unless spec.- Similar Companies
- Business
- Avrupakent Gayrimenkul Yatirim Ortakligi SA is a Turkey-based real estate investment trust (REIT) engaged in the investment, development, leasing, and management of residential, commercial, retail, and hospitality real estate assets. The company operates primarily through three core business segments: Real Estate Development and Sales, Commercial Property Leasing, and Tourism and Hospitality Operations. Its diversified portfolio and service offerings encompass the development and marketing of master-planned residential housing projects, luxury branded residences, and mixed-use urban developments; the long-term leasing and commercial management of major regional shopping centers and retail complexes, including Forum Trabzon Shopping Mall, ArenaPark Shopping Mall, ArmoniPark Shopping Mall, and co-developed assets within the Vadistanbul complex; the ownership and operation of upscale hospitality and serviced apartment properties operated under international brand partnerships, including Mövenpick Living Saklivadi, Radisson Residences Vadistanbul, Radisson Collection Vadistanbul, and Swissôtel Resort Bodrum Beach; the rental of prime commercial office buildings, high-street retail stores, and warehousing spaces; and comprehensive real estate asset management, project design, and facility management services. In recent developments, the company completed its initial public offering (IPO) on Borsa Istanbul in December 2023 under the ticker AVPGY, successfully raising equity capital to accelerate its investment pipeline and optimize capital structure. Following the public listing, Avrupakent has broadened its income-generating asset base through major acquisitions and capacity expansions in retail and luxury hospitality properties across Istanbul, Trabzon, and Muğla, while advancing the development of new multi-phase residential and commercial complexes under the Avrupa Konutlari and Saklivadi brand portfolios. Founded in 2010 and headquartered in Istanbul, Turkey, Avrupakent Gayrimenkul Yatirim Ortakligi SA operates as a core real estate subsidiary of Artas Holding.