Vera Konsept Gayrimenkul Yatirim Ortakligi A.S.
BBIST:VRGYO1.03
TRY
-0.03
(-2.83%)
Vera Konsept Gayrimenkul Yatirim Ortakligi A.S.
BIST:VRGYO
(Istanbul Exchange)
Recent
price
1.03
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div
yld
- -
ROIC.AI
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- Business
- Vera Konsept Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust engaged in property development, real estate portfolio management, and commercial asset investment. The company specializes in the development, construction, leasing, and sale of large-scale residential, commercial, and mixed-use properties across Turkey. Its core operations and offerings comprise multifamily residential housing developments, including modern apartment complexes and master-planned residential communities; commercial retail properties, including shopping centers, retail storefronts, and lifestyle facilities; mixed-use commercial and residential developments that combine residential units, retail spaces, and social infrastructure; land acquisition, site planning, and zoning development; architectural design coordination and project management; real estate valuation and asset management; as well as commercial property leasing, tenant coordination, and property maintenance services. The company's prominent asset developments include the Konsept Vera mixed-use residential and shopping mall complex in Elazığ and the Felix Mogan commercial project in the Gölbaşı district of Ankara. Founded in 2018 under the initial name Vera Grup Mühendislik A.Ş. and affiliated with Fırat Holding, the company is headquartered in Ankara, Turkey. In 2023, the company obtained regulatory approval to convert into a real estate investment trust and completed its initial public offering on Borsa Istanbul in October 2023 under the ticker VRGYO. In September 2026, the company underwent a significant corporate governance restructuring after the Savings Deposit Insurance Fund of Turkey assumed statutory trustee management authority, resulting in the appointment of a new Board of Directors to supervise ongoing commercial operations, ensure regulatory compliance, and execute the company's real estate development portfolio.