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[FENER]
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English
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Hayır (No)
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Hayır (No)
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-
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Hayır (No)
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A cooperation protocol has been signed between our Company, Fenerbahçe Sports Club, and Akfin Real Estate Appraisal Inc. for the purpose of developing a project on the immovable properties located within the boundaries of the Ataşehir District in Istanbul. In accordance with the signed protocol, a predominantly residential mixed-use project will be developed under our Company's "Revenue Sharing for Land Sale" business model. The project will be situated on plots of land owned by Fenerbahçe Sports Club and Akfin Real Estate Appraisal Inc., located in the Küçükbakkalköy and Kayışdağı neighborhoods of the Ataşehir District, with a total surface area of 61,518.73 sqm. Within the scope of this strategic cooperation, all processes related to the project's development will be carried out under the assurance of our Company. With this project, to be realized in one of Istanbul's most valuable locations, the objective is to create sustainable value for all our stakeholders and to further strengthen our Company's portfolio. The public will continue to be informed about the processes and developments regarding the protocol. Respectfully announced to the public and our investors.
In accordance with the Turkish capital markets regulations, in case of any discrepancy between the Turkish and English versions of disclosures, the Turkish language version which is published on the Public Disclosure Platform (Kamuyu Aydınlatma Platformu) shall prevail.
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