Akfen Gayrimenkul Yatirim Ortakligi A.S. (AKFGY.IS)

2.5100 +0.0200 (+0.80%) At close: 06:09PM TRT

Akfen Gayrimenkul Yatirim Ortakligi A.S.

Levent Loft, Büyükdere Caddesi
C Blok No: 201, Floor: 8, Flat: 150
Levent 34390
Turkey
90 212 371 87 00
https://www.akfengyo.com.tr

Sector(s): Real Estate
Industry: REIT - Hotel & Motel
Full-time employees: 43

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hamdi Akin	Chairman of the Board & MD	N/A	N/A	1954
Ms. Ece Demirpence	General Manager	N/A	N/A	N/A
Ms. Pelin Akin Ozalp	Vice Chairman of the Board of Directors & Chief Sustanable Officer	N/A	N/A	N/A
Mr. Yusuf Anil	Deputy General Manager of Financial Affairs	N/A	N/A	N/A
Mr. Memduh Okyay Turan	Deputy General Manager of Operations	N/A	N/A	N/A
Mr. Mustafa Emre Yilmaz	Investor Relations Director	N/A	N/A	N/A
Ms. Sevin Nar	Legal Counsel & Company Lawyer	N/A	N/A	N/A
Mr. Irfan Erciyas	Executive Director	N/A	N/A	1954
Mr. Selim Akin	Executive Director	N/A	N/A	1983

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in TRY.

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.

Corporate governance

Akfen Gayrimenkul Yatirim Ortakligi A.S.’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.