Sınıflandırma: HİZMETE ÖZEL | Classification: CONFIDENTIAL
Sınıflandırma: HİZMETE ÖZEL | Classification: CONFIDENTIAL
IS REIC
IS REIC was established in 1999, by the strategic partnership of Isbank.
• Mcap | TL 2.905 mn |
• Asset Size | TL 6.676 mn |
• Equity Size | TL 5.476 mn |
• Real Estate Portfolio | TL 6.029 mn |
• Rental Portfolio Size | TL 5.025 mn |
• Rental Income for 2021 | TL 244 mn |
Total Mcap size of the sector is ~ TL 87 bn.*
*Excluding Başkentgaz GYO
Almost 65% of the capital is held by Is Group.
39% of the capital is in free float
Sınıflandırma: HİZMETE ÖZEL | Classification: CONFIDENTIAL
Why IS REIC?
- Diversified real estate portfolio
- Office 59%, retail 24% and residential 5%
- Solid & growing rental income
- ~TL 244 mn annual rental income, expected to reach TL 330-350 mn
- Financially strong tenants & long-term leases
- 58% of the rental income comes from İş Group
- Investment models with long-term leases; turn-key 25 years, B.O.T. 72 years
- No foreign currency debt
- Strong shareholder structure
Sınıflandırma: HİZMETE ÖZEL | Classification: CONFIDENTIAL
Sınıflandırma: HİZMETE ÖZEL | Classification: CONFIDENTIAL
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Is Gayrimenkul Yatirim Ortakligi AS published this content on 02 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2022 12:48:04 UTC.