- CEO
- Alper Baltali
- Full Time Employees
- 12
- Sector
- Finance
- Industry
- Real estate development
- Address
- Denizli Turkey
- IPO Date
- Dec 8, 2023
- Business
- Bati Ege Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust engaged in the investment, development, leasing, and management of residential, commercial, and mixed-use property portfolios. The company focuses on urban development and real estate assets primarily in the Aegean Region and major urban markets across Turkey. Its core portfolio and service offerings comprise commercial real estate assets, including the ownership, operation, and leasing of shopping centers, entertainment facilities, and retail complexes such as AquaMall within the AquaCity development; residential project development, consisting of master-planned housing communities, modern residential apartments, and luxury villas; mixed-use property developments, integrating commercial retail units, office spaces, recreational areas, and residential towers; land and parcel development, involving the acquisition, zoning, and value-enhancement of strategic real estate plots for prospective development; and comprehensive property management services, covering tenant leasing, contract administration, facility operations, and portfolio asset management. The company caters to individual homebuyers, property investors, retail chain operators, and commercial tenants. In recent developments, the company completed its initial public offering on Borsa Istanbul in December 2023 under the ticker symbol BEGYO, securing growth capital to finance ongoing construction pipelines, acquire new development land, and strengthen its working capital structure. Following the public listing, the company has focused on expanding its residential sales and project delivery milestones in Western Anatolia, while optimizing rental yields and occupancy rates across its commercial retail portfolio through strategic tenant restructuring. Founded in 2011 and established as a partnership involving Sinpas Group and Deniz Tekstil, Bati Ege Gayrimenkul Yatirim Ortakligi A.S. is headquartered in Denizli, Turkey.