Turkey
· Delayed Price · Currency is TRY IST: AKFGY Company Description
Akfen Real Estate Investment Trust Inc. was established in 2006 by transforming and restructuring Aksel Tourism Investments and Management Inc., which started its activities in 1997, into a real estate investment trust.
Over the years, Akfen REIT, drawing its power from the deep-rooted background of Turkey’s infrastructure builder Akfen Holding, has assumed a pioneering role in its sector with the experience it has gained in the field of project development and construction in economic city hotel management.
Akfen REIT, which maintains its strategic partnership with Accor SA, one of the world's leading companies in the field of international chain hotel management, has realized numerous city hotel projects under the Ibis and Novotel brands as a result of this cooperation.
Akfen REIT has reached a size of 20 hotels and 1 office building located in Turkey, Russia, and Turkish Republic of Northern Cyprus with leasing the hotels whose construction process was completed to Accor with long-term contracts.
Akfen REIT generated regular and predictable rental income with this business model.
| Country | Turkey |
| Founded | 1997 |
| Industry | REIT - Hotel & Motel |
| Sector | Real Estate |
| Employees | 43 |
| CEO | Ece Demirpence |
Contact Details
Address: Levent Loft, Büyükdere Caddesi Levent, 34390 Turkey | |
| Phone | 90 212 371 87 00 |
| Website | akfengyo.com.tr |
Stock Details
| Ticker Symbol | AKFGY |
| Exchange | Istanbul Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | TRY |
| ISIN Number | TREAKFG00012 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Hamdi Akin | Chairman of the Board and MD |
| Ece Demirpence | General Manager |
| Pelin Akin Ozalp | Vice Chairman of the Board of Directors and Chief Sustanable Officer |
| Yusuf Anil | Deputy General Manager of Financial Affairs |
| Memduh Okyay Turan | Deputy General Manager of Operations |
| Mustafa Emre Yilmaz | Investor Relations Director |
| Sevin Nar Yalçin | Legal Counsel and Company Lawyer |
| Irfan Erciyas | Executive Director |
| Selim Akin | Executive Director |
| Cüneyt Baltaoglu | Coordinator of Projects In Russia |