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Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY)

Istanbul
Currency in TRY
Disclaimer
2.200
+0.060(+2.80%)
Closed
Fair Value
Unlock Value
Day's Range
2.1402.230
52 wk Range
1.6505.760
Bid/Ask
2.20 / 2.21
Prev. Close
2.14
Open
2.15
Day's Range
2.14-2.23
52 wk Range
1.65-5.76
Volume
56,145,660
Average Volume (3m)
128,755,403
1-Year Change
-39.72%
Shares Outstanding
3,899,999,997
Fair Value
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Dividends Payment Streak
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Technical
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
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Akfen Gayrimenkul Yatirim Ortakligi AS Company Profile

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.

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