| Diversified REITs Industry | Real Estate Sector | Mr. Harun Hanne Moreno CPA CEO | XIST Exchange | TRAALGYO91Q5 ISIN |
| TR Country | 20 Employees | 12 May 2026 Last Dividend | 3 Jul 2009 Last Split | - IPO Date |
Alarko Real Estate Investment Company (ALGYO) was established in 1996, marking its significance as the inaugural Real Estate Investment Company (REIC) to go public in Turkey. As a subsidiary of Alarko Holding, Alarko REIC shines in the real estate development sector. From the day of its creation, the company has seen a consistent augmentation in its goodwill, attributed mainly to the appreciation in value of its real estate assets and its adept cash management practices. Through the rental income obtained from its diverse portfolio of real properties, Alarko REIC earns a steady income, ensuring a lucrative investment opportunity for its stakeholders. Additionally, the company owns valuable lands strategically earmarked for future development, signifying its proactive approach towards expansion and value creation in the real estate domain.
Alarko REIC has built a robust portfolio of real estate properties from which it earns rental income. This strategy provides its investors with a fixed income, offering a stable financial return on investment. The rental income is a cornerstone of the company’s revenue, underscoring its importance in Alarko REIC’s business model.
Owning valuable lands for development purposes, Alarko REIC leverages its expertise in the real estate sector to engage in property development. These development projects not only aim at enhancing the company's asset base but also at contributing to the urban landscape with innovative real estate solutions. This endeavor places the company at the forefront of addressing the demand for high-quality real estate projects.