|
Related Companies
|
[]
|
||||||||
|
Related Funds
|
[]
|
||||||||
|
|
|||||||||
|
English
|
|||||||||
|
oda_MaterialEventDisclosureGeneralAbstract|
|
|
||||||||
|
oda_UpdateAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
|
oda_CorrectionAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
|
oda_DateOfThePreviousNotificationAboutTheSameSubject|
|
|
-
|
|||||||
|
oda_DelayedAnnouncementFlag|
|
|
Hayır (No)
|
|||||||
|
oda_AnnouncementContentSection|
|
|
||||||||
|
oda_ExplanationSection|
|
|
||||||||
|
oda_ExplanationTextBlock|
|
In summary, in the PDP statement of our company dated 02.08.2024, 100% subsidiary of our Company Akfen Bafra Gayrimenkul Ticaret ve Inşaat A.Sh. ("Akfen Bafra") known as "
Fountains East", consisting of about 6 (six) acres and located at 10300 block of C E Wilson Road, Saint Johns, St. It was announced that it was decided to invest in EOA FOUNTAINS,
LLC (by forming an indirect partnership), which owns real estate located around Johns County, Florida 32259, and send a capital advance of the investment amount to Akfen
Bafra. In this regard, the CMB's Communiqué III-48.1 on the Principles of Real Estate Investment Trusts numbered 35.article 5.Taking into account the provision of the paragraph,
the Board of Directors of our Company has decided to obtain valuation services for this real estate from Moody Williams Appraisal Group, LLC, which is located in Florida,
specializes in real estate valuation in the said region and provides valuation services through appraisers authorized by the State of Florida for real estate valuation.
The English translation of this disclosure is attached herewith and in case of any discrepancy in the texts of the disclosure, the Turkish disclosure will be accepted as the basis.
|
||||||||