TSKB Gayrimenkul Yatirim Ortakligi Anonim Sirketi

TSKB Gayrimenkul Yatirim Ortakligi Anonim Sirketi

BBIST:TSGYO
4.54
TRY
-0.07
(-1.52%)
4.26BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.04
0.04
0.07
0.07
0.08
0.06
0.05
0.05
0.06
0.14
0.23
0.33
0.34
- -
Basic EPS, GAAP
-0.06
- -
0.04
-0.11
-0.09
-0.16
0.1
-0.09
0.23
1.51
0.8
-0.05
0.02
- -
Free Cash Flow per Basic Share
0.03
0.02
0.02
0.04
0.05
0.04
0.03
0.06
0.03
0.06
0.07
-0.01
0.09
0.25
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.83
0.84
0.88
0.77
0.68
0.51
0.62
0.78
1.14
4.6
7.44
9.52
9.54
11.33
Tangible Book Value per Share
0.83
0.84
0.88
0.77
0.68
0.51
0.62
0.78
1.14
4.6
7.44
9.52
9.54
11.33
Basic Weighted Avg Shares
419
419
251
251
251
397
502
508
541
650
650
650
650
650
Sales/Revenue/Turnover
17
17
17
18
20
25
25
23
30
94
152
211
219
- -
Operating Margin (%)
53.68
46.77
45.36
45.32
50.02
49.95
61.25
37.4
44.52
31.15
22.76
21.02
21.56
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2
3
3
Net Income, GAAP
-26
2
9
-27
-23
-62
52
-46
125
983
517
-29
16
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
109.98
88.88
- -
Profit Margin (%)
-149.73
9.28
54.47
-151.13
-115.75
-250.9
204.51
-198.09
414.39
1,049.9
340.26
-13.9
7.14
- -
Working Capital
15
-26
-164
-68
-102
5
-10
-99
9
40
89
21
-61
-145
LT Debt
149
118
27
160
173
230
244
27
- -
- -
- -
- -
- -
- -
Total Equity
209
211
220
193
170
258
310
465
740
2,992
4,837
6,188
6,204
7,367
Return on Invested Capital (%)
- -
1.97
11.97
- -
- -
- -
17.07
- -
22.97
52.99
13.28
-0.55
0.32
- -
Return on Capital (%)
- -
1.97
4.24
- -
- -
- -
12.42
- -
20.56
52.66
13.22
-0.62
0.43
- -
Return on Common Equity (%)
-11.78
0.74
4.2
-12.92
-12.49
-28.9
18.34
-11.82
20.73
52.67
13.22
-0.53
0.25
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
164
148
145
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
650
650
650
Market Capitalization
4,427
4,186
4,258

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
175
68
45
Cash, Cash Equivalents & STI
40
10
7
Accounts Receivable, Net
3
6
6
Inventories
- -
- -
- -
Total Current Liabilities
236
236
191
Payables & Accruals
- -
- -
- -
ST Debt
164
148
145
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
55.11%
90.69%
0.25%
Free Cash Flow
-86.65%
-230.8%
-1,199.98%
Net Income, GAAP
-60.1%
1.58%
-153.19%
Sales/Revenue/Turnover
38.33%
69.19%
3.52%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
45
44
42
56
211
2025
65
62
- -
64
219
2026
65
67
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.36
- -
-0.29
-0.05
2025
-0.08
0.07
- -
0.07
0.02
2026
-0.09
0.19
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Cengaver Yildizgöz
Full Time Employees
13
Sector
Finance
Industry
Real estate investment trusts
Address
Istanbul Turkey
IPO Date
Apr 9, 2013
Business
TSKB Gayrimenkul Yatirim Ortakligi Anonim Sirketi is a Turkey-based real estate investment trust engaged in the investment, development, acquisition, leasing, and management of commercial real estate assets, real estate-backed projects, and capital market instruments. Founded in February 2006 and headquartered in Istanbul, Turkey, the company operates as a subsidiary of Turkiye Sinai Kalkinma Bankasi A.S., part of the Turkiye Is Bankasi Group. The company's core products and operational services comprise commercial real estate asset acquisition and development; commercial and corporate property leasing; retail property management, including the Pendorya Shopping Center in Istanbul; office real estate operations, including the Findikli Office Buildings and Tahir Han in Istanbul; hospitality and tourism property investments, including the Divan Adana Hotel in Adana; project rights development and real estate portfolio advisory; and liquidity management involving money and capital market instruments. Geographically, the company focuses its operational and investment activities across prime commercial hubs in Turkey, primarily within the Marmara and Mediterranean regions. In recent developments, the company appointed Cengaver Yildizgoz as General Manager effective January 2025, succeeding Nurlan Erol upon retirement. Furthermore, the company engaged PwC as its independent auditor through 2026, executed strategic long-term lease renewals and tenant restructuring across its office and shopping center assets to strengthen recurring rental revenues, and implemented ongoing portfolio revaluations and capital management strategies in compliance with Capital Markets Board regulations.