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Related Companies
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[ECZYT]
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Related Funds
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English
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Evet (Yes)
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Hayır (No)
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05.02.2021, 17.03.2022, 07.07.2022, 10.11.2022, 22.12.2023, 05.01.2024, 19.01.2024, 23.01.2025
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Hayır (No)
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An agreement was signed on 23.01.2025 with MİA Joint Venture, for the purpose of developing a real estate project based on revenue sharing, on the total 157,383 square meters of real estate located in the Çavuşoğlu District, Kartal, Istanbul, registered under parcels 12747 Ada-1 (first phase) and
12748 Ada-1 (second phase)
, which is owned by Eczacıbaşı Holding A.Ş. (*)
The Construction Permits for a total construction area of
182.368 m2,
total of 689 independent units, comprising 654 residential units and 35 commercial independent units, located on Parcel 12747 Ada-1, which constitutes the first phase of the project, were obtained on 25.12.2025.
(*) The land in Kartal district, Istanbul province is not owned by our Company, but instead by Eczacıbaşı Holding A.Ş., our parent company. Our Company holds a stake of %37.28 in the capital of Eczacıbaşı Holding A.Ş., whereas Eczacıbaşı Yatırım Holding Ortaklığı A.Ş. holds %11.54.
This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.
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