- CEO
- Özkan Yaman
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Istanbul Turkey
- IPO Date
- Jul 12, 2010
- Business
- Reysas Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust (REIT) primarily engaged in the development, acquisition, management, and long-term leasing of modern logistics and industrial real estate infrastructure. Founded on September 3, 2008, and headquartered in Uskudar, Istanbul, Turkey, the company operates as a key subsidiary of Reysas Tasimacilik ve Lojistik Ticaret A.S. and focuses on servicing domestic and multinational corporate tenants across third-party logistics (3PL), e-commerce, retail, fast-moving consumer goods (FMCG), and automotive distribution sectors. The company's core portfolio and business offerings comprise: Class A dry and ambient storage warehouses, cross-dock terminals, and multi-tenant distribution facilities; automated, temperature-controlled, and cold storage logistics centers; built-to-suit industrial warehouse developments designed to custom client specifications; railway-connected intermodal logistics terminals and bonded depot yards; commercial real estate and hospitality holdings, including select-service business hotel assets operated under international brands such as Hilton Garden Inn and Hampton by Hilton; and green logistics infrastructure, centered on utility-scale rooftop solar photovoltaic (GES) power systems installed across its warehouse rooftops to generate and monetize clean electricity. Geographically, the company maintains extensive operations across key transportation corridors in Turkey, including Istanbul, Kocaeli, Bursa, Izmir, Adana, Ankara, Eskisehir, Sakarya, Antalya, and Samsun. In recent corporate developments, the company initiated international expansion by establishing Reysas GYO Bulgaria OOD, a 90%-owned operating subsidiary located in Plovdiv, Bulgaria. Domestically, Reysas GYO expanded its asset pipeline through strategic land acquisitions and new construction projects, including a 23,680-square-meter parcel acquisition in Izmir Menderes for a commercial warehouse park, a 37,257-square-meter enclosed logistics facility project in Adana Saricam, construction starts in Izmir Kemalpasa, and title deed completions in the Sakarya 1st Organized Industrial Zone. To fund its real estate pipeline and optimize its balance sheet, the company approved a major capital increase to expand its issued capital from TRY 2.0 billion to TRY 8.0 billion via internal resources and a cash rights offering, alongside securing Capital Markets Board approval for a TRY 2.0 billion debt instrument issuance ceiling for qualified institutional investors.