Emlak Konut GYO held a tender worth 1.1 billion TL

Creation Date: September 19, 2024 14:32

The tender of Emlak Konut GYO, Turkey’s leading real estate investment partnership company, with the revenue sharing model in return for the sale of land in the popular tourism center of Muğla Milas has been successfully completed. 23 companies participated in the organized tender. With the tender completed for 1 billion 100 million TL, Emlak Konut will earn a total income of 462 million TL company share. Emlak Konut GYO continues to work and provide employment for a stronger Turkey with its developing vision. Environment, Urbanization and Climate Change

The tender held by Emlak Konut GYO, which continues its work without slowing down in line with its vision of pioneering Turkey’s real estate sector within the Ministry of Environment, Urbanization and Climate Change, in the popular tourism center of Muğla Milas has been successfully completed. 23 companies participated in the tender for a 17,166 m² residential land zoned for housing in Meşelik Neighborhood. Emlak Konut will earn 462 million TL in revenue with a 42 percent company share income ratio in the tender, the first session of which was held on September 4, 2024 and the second session on September 16, and which was completed for 1 billion 100 million TL. Emlak Konut achieved another significant success by reaching a multiplier of 2.19 with this tender.

THE GREAT INTEREST IN THE TENDER IS A SIGN OF THE CONFIDENCE IN OUR COUNTRY AND EMLAK KONUT

The tender held by Emlak Konut GYO, which continues to add momentum to the Turkish economy and the sector with its pioneering work, in Muğla Milas, once again demonstrated Emlak Konut’s contribution to the country’s economy and the real estate sector.

Emlak Konut GYO, which will continue its investments with confident steps as it has done so far, will continue to organize new tenders until the end of the year in order to be worthy of this trust.

The project draws attention with its location close to Milas Airport, Yalıkavak, Bodrum, Çökertme and many other important points.

TENDER DETAILED INFORMATION:

  • The company that won the tender: Baş Yapı Construction. Contracting and Tour. Industry Foreign Trade Ltd. Co.
    • Total Sales Income in Return for Land Sale (ASKSTG): 1,100,000,000 TL
  • Total Income of Emlak Konut GYO Share in Return for Land Sale (ASKŞPTG): 462,000,000 TL
  • Real Estate Housing REIT Share Income Rate in Return for Land Sale: 42%
  • Emlak Konut GYO reached a multiplier of 2.19 in the tender.

Source: bigpara.hurriyet.com.tr