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Related Companies
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Related Funds
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English
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oda_NoncurrentAssetPurchaseAbstract|
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oda_UpdateAnnouncementFlag|
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Hayır (No)
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oda_CorrectionAnnouncementFlag|
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Hayır (No)
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oda_DateOfThePreviousNotificationAboutTheSameSubject|
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-
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oda_DelayedAnnouncementFlag|
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Hayır (No)
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oda_AnnouncementContentSection|
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oda_NatureOfNonCurrentAssetBought|
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Reinforced Concrete Restaurant, Office Workplace and Land, Study Center and Land, Polyclinic-Dispensary and Land, and Sports Facility and Land
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oda_LocationAndAreaofNoncurrentAssetBought|
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Located in Istanbul Province, Kağıthane District, Merkez Neighborhood, the 1,759.66 m² 7-storey Reinforced Concrete Polyclinic-Dispensary and Land on Block 7755, Parcel 1; the 8,688.04 m² 4-storey Reinforced Concrete Restaurant, Sports Facility and Land on Block 7755, Parcel 2; the 4,138.51 m² 3-storey Reinforced Concrete Office, Workplace and Land on Block 7753, Parcel 5; and the 2,379.72 m² 7-storey Reinforced Concrete Study Center and Land on Block 7753, Parcel 3
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oda_BoardDecisionDateforPurchase|
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11.12.2025
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oda_WereMajorityOfIndependentBoardMembersApprovedTheBoardDecisionForPurchase|
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Yes
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oda_TotalPurchasingValue|http://www.xbrl.org/2003/role/verboseLabel
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VAT excluded 851,600,000 TRY
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oda_RatioOfTransactionAmountToValueOfCompanyBasedOnTheMathematicalWeightedAverageOnADailyBasisSixMonthsPriorToDateOfBoardDecision|
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3.59
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oda_RationofPurchasePriceToPaidInCapitalOfCompany|
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212.9
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oda_RatioOfPurchasingValueToTotalAssetsinLatestDisclosedFinancialStatementsOfCompany|
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1.71
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oda_RatioOfPurchasingValueToTotalNetNoncurrentAssetsInLatestDisclosedFinancialStatementsOfCompany|
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778.37 (Ratio to Investment Property %2.08)
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oda_RatioOfTransactionValueToSalesInLatestAnnualFinancialStatementsOfCompany|
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11.43
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oda_PurchasingConditions|
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TRY 340,640,000 will be paid upfront, with the remaining TRY 510,960,000 to be paid by 31 December 2026.
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oda_DateOnWhichTheTransactionWasWillBeCompleted|
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Upon completion of the land registry procedures, the transaction will be finalized.
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oda_AimOfPurchaseAndEffectsOnCompanyOperations|
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Investment Property/Positive
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oda_CounterParty|
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Artaş İnşaat Sanayi ve Ticaret A.Ş., Aksoylar Mermer Sanayi ve Ticaret A.Ş., Akar Madencilik Sanayi ve Ticaret Ltd.
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oda_IsCounterPartyARelatedPartyAccordingToCMBRegulations|
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Evet (Yes)
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oda_NatureofRelationWithCounterParty|
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Artaş İnşaat Sanayi ve Ticaret A.Ş. is the majority shareholder, Aksoylar Mermer Sanayi ve Ticaret A.Ş. and Akar Madencilik Sanayi ve Ticaret Ltd. Şti. are partners of Avrupakent Aksoylar Adi Ortaklığı
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oda_AgreementSigningDateIfExists|
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-
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oda_ExercisePriceOfRetirementRightRelatingToSignificantTransaction|
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-
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oda_ValueDeterminationMethodOfNoncurrentAsset|
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Valuation Report
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oda_DidValuationReportBePrepared|
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Düzenlendi (Prepared)
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oda_ReasonForNotPreparingValuationReportIfItWasNotPrepared|
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-
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oda_DateAndNumberOfValuationReport|
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2025/2737, 2025/2738, 2025/2739
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oda_TitleOfValuationCompanyPreparedReport|
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İnvest Gayrimenkul Değerleme ve Danışmanlık A.Ş
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oda_ValueDeterminedInValuationReportIfExists|
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VAT excluded 1,410,000,000 TRY
|
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oda_ReasonsIfTransactionWasntWillNotBePerformedInAccordanceWithValuationReport|
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|
-
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oda_ExplanationSection|
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oda_ExplanationTextBlock|
|
The Board of Directors, at its meeting on 11.12.2025, approved the acquisition of four buildings (7 commercial units) in the Avrupa Konutları Çamlıvadi project located on the parcels 7755 Block 1 and 2 and 7753 Block 3 and 5 in Istanbul Province, Kağıthane District, Merkez Neighborhood, from the companies that hold shares in the commercial properties amounting to %60 (Artaş İnşaat Sanayi ve Ticaret A.Ş.), %30 (Akar Madencilik Sanayi ve Ticaret Ltd. Şti.) and %10 (Aksoylar Mermer Sanayi ve Ticaret A.Ş.).
The purchase price is TRY 851.600.000 (excluding VAT), reflecting a 40% discount from the appraised value of TRY 1.410.000.000 (excluding VAT) as per İnvest Gayrimenkul Değerleme ve Danışmanlık A.Ş.'s reports dated 10.12.2025. The payment of TRY 340.640.000 (excluding VAT) to Aksoylar Group (%40) will be made in cash, and the payment of TRY 510,960,000 (excluding VAT) to Artaş İnşaat Sanayi ve Ticaret A.Ş. (%60) will be made until 31.12.2026.
Respectfully submitted to the public.
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.
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