Edition:
United States

Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO.IS)

EKGYO.IS on Istanbul Stock Exchange

2.56TRY
21 Feb 2018
Change (% chg)

0.05TL (+1.99%)
Prev Close
2.51TL
Open
2.51TL
Day's High
2.56TL
Day's Low
2.50TL
Volume
77,733,307
Avg. Vol
64,360,961
52-wk High
3.32TL
52-wk Low
2.38TL

Latest Key Developments (Source: Significant Developments)

Emlak Konut REIT Signs Ankara Cankaya Oran Revenue Sharing Model Project In Return For Land Sale Deal
Thursday, 11 Jan 2018 01:10am EST 

Jan 11 (Reuters) - EMLAK KONUT REIT ::SIGNS ANKARA CANKAYA ORAN REVENUE SHARING MODEL PROJECT IN RETURN FOR LAND SALE DEAL WITH YP INSAAT ON JAN. 10‍​.ESTIMATED TOTAL SALES REVENUE WORTH 156.0 MILLION LIRA FOR AGREEMENT.COMPANY'S SHARE IN TOTAL REVENUE WORTH 46.8 MILLION LIRA AND COMPANY REVENUE SHARE RATIO IS 30 PERCENT.  Full Article

Emlak Konut Reit Forecasts and Expectations For 2018
Tuesday, 9 Jan 2018 02:19am EST 

Jan 9 (Reuters) - EMLAK KONUT REIT ::SEES SALES 829,630 SQUARE METER GROSS AREA SALES AND TOTAL SALES VALUE OF 7.25 BILLION LIRA EXCLUDED VAT.SEES 1.8 BILLION LIRA NET PROFIT FOR 2018.  Full Article

Emlak Konut REIT Oct.-Dec. Sales Reaches To 3.20 Bln Lira With 2,282 Units
Tuesday, 9 Jan 2018 02:18am EST 

Jan 9 (Reuters) - EMLAK KONUT REIT ::DEC.-JAN. SALES REACHES TO 7.74 BILLION LIRA WITH 6,714 UNITS.OCT.-DEC. SALES REACHES TO 3.20 BILLION LIRA WITH 2,282 UNITS.COMPANY REACHES 96 PERCENT OF ITS 8.0 BILLION SALES VALUE TARGET FOR FY 2017 WITH 7.74 BILLION LIRA SALES VALUE.  Full Article

Emlak Konut REIT Sells Shopping Mall At Total 1.36 Bln Lira Inc. VAT
Wednesday, 27 Dec 2017 10:36am EST 

Dec 27 (Reuters) - EMLAK KONUT REIT ::SELLS SHOPPING MALL IN METROPOL ISTANBUL PROJECT AT 1.36 BILLION LIRA INCLUDING VAT.EMLAK KONUT'S SHARE OF THE RELEVANT SALE IS 587.7 MILLION LIRA INCLUDING VALUE-ADDED TAX.  Full Article

Emlak Konut REIT receives highest bid for Ankara Oran Revenue Sharing Project tender
Friday, 17 Nov 2017 03:20am EST 

Nov 17 (Reuters) - EMLAK KONUT REIT ::REPORTED ON THURSDAY RECEIVES THE HIGHEST BID FOR ANKARA CANKAYA ORAN REVENUE SHARING MODEL PROJECT FROM YP INSAAT .THE HIGHEST BID COVERS 156.0 MILLION LIRA ESTIMATED TOTAL SALES REVENUE, 46.8 MILLION LIRA COMPANY'S SHARE IN TOTAL REVENUE AND 30 PERCENT OF COMPANY REVENUE SHARE RATIO .THE BASE VALUE OF THE SUBJECT LAND FOR THE TENDER IS 39.1 MILLION LIRA .THE BIDS ARE IN THE PROCESS OF THE EVALUATION.  Full Article

Emlak Konut REIT gets 1.06 bln lira credit from various banks
Monday, 13 Nov 2017 02:18am EST 

Nov 13(Reuters) - EMLAK KONUT REIT ::REPORTED ON FRIDAY GETS 1.06 BILLION LIRA CREDIT FROM VARIOUS BANKS .1 YEAR PRINCIPAL NON-PAYMENT, PAYBACK PERIOD 4 YEARS.TO PAY INTEREST / PROFIT SHARE EVERY 3 MONTHS IN THE FIRST YEAR.AFTER ONE YEAR, TO PAY THE PRINCIPAL + INTEREST / PROFIT SHARE EVERY 3 MONTHS.  Full Article

Emlak Konut REIT signs protocol with Ministry Of Finance to tender land plots in Ankara
Thursday, 2 Nov 2017 04:23am EDT 

Nov 02(Reuters) - EMLAK KONUT REIT ::REPORTED ON WEDNESDAY SIGNED A PROTOCOL WITH THE MINISTRY OF FINANCE IN ORDER TO TENDER THE LAND PLOTS BY REVENUE SHARING MODEL TOTALLY 88.089 SQM AREA IN ANKARA .ACCORDING TO THE PROTOCOL, 85 PERCENT OF "COMPANY SHARE IN TOTAL REVENUE" WILL BELONG TO THE MINISTRY AND 15 PERCENT WILL BELONG TO EMLAK KONUT.  Full Article

Emlak Konut REIT Q3 net profit shrinks to 439.7 million lira
Monday, 30 Oct 2017 11:44am EDT 

Oct 30 (Reuters) - EMLAK KONUT REIT ::Q3 NET PROFIT OF 439.7 MILLION LIRA VERSUS 894.2 MILLION LIRA YEAR AGO.Q3 REVENUE OF 1.44 BILLION LIRA VERSUS 1.79 BILLION LIRA YEAR AGO.  Full Article

Emlak Konut REIT signs protocol with TOKI to buy land in Istanbul for 262.5 mln lira
Monday, 18 Sep 2017 06:57am EDT 

Sept 18 (Reuters) - EMLAK KONUT GAYRIMENKUL YATIRIM ORTKLIGI ::A PROTOCOL HAS BEEN SIGNED BETWEEN COMPANY AND TOKI ABOUT THE LAND PURCHASE FOR 262.5 MILLION LIRA .RELATED LAND PLOT IS LOCATED IN ISTANBUL, BAKIRKOY WITH A TOTAL AREA OF 40,722 SQUARE METERS .THE LAND NEIGHBOURS GALATASARAY SPORTS CLUB ASSOCIATION'S 22,627 SQUARE METERS LAND WHICH COMPANY SIGNED PROTOCOL ON JUNE 29, 2016 TO DEVELOP PROJECT.  Full Article

Emlak Konut signs contract for Istanbul Beykoz Riva Revenue Sharing Model Project
Thursday, 14 Sep 2017 03:00am EDT 

Sept 14 (Reuters) - EMLAK KONUT GAYRIMENKUL YATIRIM ORTAKLIGI AS ::SAID ON WEDNESDAY THE CONTRACT OF ISTANBUL BEYKOZ RIVA REVENUE SHARING MODEL PROJECT TENDER WAS COMPLETED ON 15.06.2017.THE CONTRACT WAS SIGNED WITH BETWEEN COMPANY AND THE CONTRACTOR YILMAZ INSAAT .Estimated Total Sales Revenue IS 3.81 BILLION LIRA.COMPANY'S SHARE IN TOTAL REVENUE IS 952.0 MILLION LIRA.  Full Article