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Akfen Gayrimenkul Yatirim Ortakligi AS IST:AKFGY

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Price:
2.35 TRY
Change:
+0.00 (0.00%)
Price open 2.53
Previous close 2.35
Market cap 417.75M
Volume 1.15M
Day high 2.35
Day low 2.35
Year high 4.60
Year low 1.44

About Akfen Gayrimenkul Yatirim Ortakligi AS

Akfen REIT was established in 2006 through a change in trade registry name and a restructuring of Aksel Tourism Investments and Operations (Aksel), which was founded on June 25, 1997, into a real estate investment trust. Akfen REIT's core business is to invest in real estate-based capital markets instruments and to create and develop a real estate portfolio. Specialized in the development and construction of middle market hotel projects, Akfen REIT develops city hotel projects under Ibis Hotel and Novotel brands through a strategic cooperation with Accor, Europe's largest international hotel operator chain. Akfen REIT's hotels currently in operation include Ibis and Novotel in Istanbul; Ibis in Esenyurt; Ibis in Ankara; Ibis in Eskisehir; Novotel in Trabzon; Ibis and Novotel in Kayseri; Ibis and Novotel in Gaziantep; Ibis in Bursa; Ibis in Adana; Ibis in Izmir; Ibis in Yaroslavl, Russia; Ibis in Samara, Russia; Ibis in Kaliningrad, Russia, Ibis in Moscow, Russia, the five-star Merit Park Hotel in TRNC, Novotel in Karaköy and Ibis in Tuzla. The Company has a portfolio of 20 hotels in total.

Overview
Name Akfen Gayrimenkul Yatirim Ortakligi AS
Exchange Istanbul Stock Exchange
Sector Real Estate
Industry REIT—Hotel & Motel
Country Turkey

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