- CEO
- Ömer Faruk Elmas
- Full Time Employees
- 61
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Üsküdar Turkey
- IPO Date
- Dec 14, 2023
- Business
- Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust specializing in the development, investment, operation, and commercialization of resort residential properties, timeshare vacation homes, and tourism infrastructure. A subsidiary of Sur Yapi Endustri Sanayi ve Ticaret A.S., the company focuses on the shared-economy vacation ownership model, providing flexible, four-season holiday residential options combined with five-star hospitality services and rental yield generation.
The company structures its operations across real estate investment, holiday home development, timeshare sales, and resort facility management. Its core products and services include: timeshare and fractional vacation ownership rights across fully furnished 1+1, 2+1, and 3+1 residential units; leisure and entertainment amenities, including multi-pool complexes, wave pools, dedicated women-only swimming areas, aquaparks, and private beach facilities; wellness and recreation infrastructure, including thermal baths, spa and wellness centers, massage parlors, fitness clubs, and outdoor sporting circuits; commercial and retail spaces, including on-site dining establishments, cafes, and convenience stores; and comprehensive property management services, including concierge, housekeeping, unit leasing management, maintenance, and seasonal booking administration under the Sur Yapi Tatil Evleri brand.
In recent corporate developments, the company completed its initial public offering on Borsa Istanbul in December 2023, listing under the ticker symbol SURGY on the BIST Stars Market and allocating the vast majority of net proceeds toward funding the development, construction, and infrastructure delivery of its flagship Sur Yapi Tatil Evleri Antalya project. Over the past two years, the company has actively advanced the phased construction and delivery schedule of its Kepez Antalya resort community comprising thousands of timeshare units, scaled its marketing and domestic sales network for fractional holiday titles, and optimized its operational asset management frameworks to capture growing domestic and international tourism demand.
Founded in 2022, Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi A.S. is headquartered in Istanbul, Turkey, and primarily focuses its project footprint and asset operations within the Mediterranean tourism corridor of Antalya, Turkey.