[CONSOLIDATION_METHOD_TITLE] [CONSOLIDATION_METHOD]
Related Companies
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Related Funds
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English
oda_RentingNonCurrentAssetsOfCompanyOrEstablishmentOfRealClaimOnNonCurrentAssetsOfCompanyAbstract|
Renting Non-Current Asset of Company or Establishment of Real Claim on Non-Current Assets of Company
oda_UpdateAnnouncementFlag|
Update Notification Flag
Hayır (No)
oda_CorrectionAnnouncementFlag|
Correction Notification Flag
Hayır (No)
oda_DateOfThePreviousNotificationAboutTheSameSubject|
Date Of The Previous Notification About The Same Subject
-
oda_DelayedAnnouncementFlag|
Postponed Notification Flag
Hayır (No)
oda_AnnouncementContentSection|
Announcement Content
oda_NatureOfTransaction|
Nature of Transaction
Maddi Duran Varlık Kiraya Verilmesi (Renting Non-Current Asset of Company)
oda_NatureOfNonCurrentAssetSubjectToTransaction|
Nature of Non-current Asset Subject to Transaction
Residence
oda_LocationAndAreaOfNoncurrentAssetSubjectToTransaction|
Location and Area of Non-current Asset Subject to Transaction
İstanbul İli, Gaziosmanpaşa İlçesi, Karayolları Mahallesi, 6619 ada, 4 parsel, 133 adet bağımsız bölüm
oda_BoardDecisionDateForTransaction|
Board Decision Date for Transaction
31.01.2025
oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForTransaction|
Were Majority of Independent Board Members' Approved the Board Decision for Transaction?
Yes
oda_RatioOfValueOfNoncurrentAssetToTotalAssetsInLatestDisclosedFinancialStatementsOfCompany|http://www.xbrl.org/2003/role/verboseLabel
Ratio of Value of Non-current Asset to Total Assets in Latest Disclosed Financial Statements of Company (%)
3,7
oda_RentValueAndConditions|
Rent Value and Conditions
The higher of the following: a fixed monthly rent of TL 4.800.000 plus VAT or 90% of the net profit from operations (calculated by taking 90%of the monthly net sales revenue after deducting operating expenses)
oda_RealClaimValueAndConditions|
Real Claim Value and Conditions
-
oda_RatioOfTransactionAmountToValueOfCompanyBasedOnTheMathematicalWeightedAverageOnADailyBasisSixMonthsPriorToDateOfBoardDecision|
Ratio of Transaction Amount to Value of Company Based on the Mathematical Weighted Average on a Daily Basis, Six Months Prior to Date of Board Decision (%)
0,28
oda_CounterParty|
Counter Party
Pantur Otelcilik ve Turizm Hizmetleri A.Ş
oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
Is Counter Party a Related Party According to CMB Regulations?
Evet (Yes)
oda_NatureofRelationWithCounterParty|
Nature of Relation with Counter Party
Subsidiary of Artaş İnşaat Sanayi ve Ticaret A.Ş.
oda_AgreementSigningDateIfExists|
Agreement Signing Date if Exists
31/01/2025
oda_RentingPeriod|
Renting Period
1 year
oda_ExercisePriceOfRetirementRightRelatingToSignificantTransaction|
Exercise Price of Retirement Right Relating to Significant Transaction
-
oda_DidValuationReportBePrepared|
Did Valuation Report be Prepared?
Düzenlendi (Prepared)
oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
Reason for not Preparing Valuation Report if it was not Prepared
-
oda_DateAndNumberOfValuationReport|
Date and Number of Valuation Report
08.01.2025-2024/2647
oda_TitleOfValuationCompanyPreparedReport|
Title of Valuation Company Prepared Report
İnvest Gayrimenkul Değerleme ve Danışmanlık A.Ş
oda_ValueDeterminedInValuationReportIfExists|
Value Determined in Valuation Report if Exists
56.500.000 TL (yearly)
oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
Reasons if Transaction wasn't/will not be performed in Accordance with Valuation Report
-
oda_ExplanationSection|
Explanations
oda_ExplanationTextBlock|

At our Board of Directors meeting dated January 31, 2025, it was resolved that the existing Lease Agreement dated August 2, 2023, with Pantur Otelcilik ve Turizm Hizmetleri A.Ş. for the operation of Radisson Residences Avrupa TEM İstanbul in our portfolio, has been amended for the period from January 1, 2025, to December 31, 2025. According to the amendment, the minimum guaranteed monthly rent for this period will be the higher of either a fixed amount of TL 4,800,000 (the annual rental value was assessed as a minimum of TL 56,500,000 in the valuation report dated January 8, 2025) or 90% of the net sales revenue (the revenue remaining after deducting operating expenses from the revenue generated from the operation of the Leased Property in each monthly period.

This statement was 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.