Finansal Duran Varlık Edinimi

Within the framework of the Board of Directors` decision date of today, in order for our company to share 50% of the income and expenses of the Urban Transformation project planned to be developed by Novi – Doğ Yap Ordinary Joint Venture on the land numbered 62 island and 11 parcel with a total surface area of 9,840.34 m² in Yenibosna Neighborhood, Bahçelievler District, Istanbul Province; 

|||Share Transfer and Ordinary Partnership Agreement Participation Agreement and Real Estate Transfer Promise Agreement||| will be signed with Doğ-Yap İnş.Tur.En.Ür.San.Tic.A.Ş. and  Novi Proje ve Gayrimenkul Gel. A.Ş.

 According to the valuation of Ordinary Joint Venture Report dated 15.05.2025 of Bizim Menkul Değerler A.Ş,  25% of the shares will be purchased from Doğ-Yap İnş.Tur.En.Ür.San.Tic.A.Ş. and 25% of the shares will be purchased from Novi Proje ve Gayrimenkul Gel. A.Ş. thus for the 50% shares of  Ordinary Joint Venture will be paid for the total price of 346,449,152 TL + VAT (8,960,000 USD based on the TCMB Effective Purchase Rate dated 14.05.2025),

Will be participate in Halk GYO-Novi-Doğ Yap Ordinary Joint Venture with  50% shares,

Our Company`s General Directorate will be authorized for all work and transactions to be carried out within this framework, including hypothec to be established in favor of our Company,

The purchase price will be paid in cash on the date of the hypothec to be established in favor of our Company.

Respectfully announced to the public

The valuation report prepared for the related Ordinary Joint Venture is attached.