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 10.201 mn

• Asset Size

TL 17.417 mn

• Equity Size

TL 13.920 mn

• Real Estate Portfolio

TL 15.750 mn

• Rental Portfolio Size

TL 12.204 mn

• Rental Income for 2022

TL 374 mn

Total Mcap of the sector is ~ TL 230 bn.

Almost 66% of the capital is held by Is Group

36% of the capital is in free float

*Figures from MKK as of 23.03.2022 Sınıflandırma: HİZMETE ÖZEL | Classification: CONFIDENTIAL

Why IS REIC?

  • Diversified real estate portfolio
  • Office 58%, retail 20%, projects 19%
  • Solid & growing rental income
  • ~TL 374 mn rental income for 2022
  • Financially strong tenants & long-term leases
  • 46% 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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Disclaimer

Is Gayrimenkul Yatirim Ortakligi AS published this content on 10 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2023 10:09:05 UTC.