We hereby announce that following the signing of a |||Cooperation Protocol||| with the Republic of Türkiye Ministry of Environment, Urbanization and Climate Change, Housing Development Administration (TOKİ), an official application has been submitted to the Capital Markets Board of Turkey (CMB) for the issuance of Real Estate Certificates for a project to be developed on immovable properties owned by TOKİ in Başakşehir, Istanbul.
This step, taken in line with the dynamics of the real estate sector and the expectations of investors, introduces a significant instrument that integrates the capital markets with the real estate industry.
The aforementioned project, to be developed by Emlak Konut, opens the door to major investment opportunities for those with modest savings.
The Real Estate Certificate model offers a transparent and reliable investment prospect for investors, backed by the assurance of Emlak Konut and TOKİ. Our objective is to provide our investors with a flexible investment opportunity, allowing them either to acquire a residential unit or to transparently benefit from the value appreciation of the properties within the project.
Following the approval of the Prospectus Set by the CMB, necessary disclosures regarding the process will be made available to the public.
We believe that this significant development will present new opportunities for the real estate sector, capital markets, and our investors. We respectfully declare that we will continue to share all developments regarding the public offering process with the public, in accordance with the relevant legislation.
Sincerely,
In accordance with the Turkish capital markets regulations, in case of any discrepancy between the Turkish and English versions of disclosures, the Turkish language version which is published on the Public Disclosure Platform (Kamuyu Aydınlatma Platformu) shall prevail.
