What is the basic legal regulation regarding REITs?
REITs are subject to the “Communiqué on Principles of Real Estate Investment Companies” numbered (III-48.1) of the Capital Markets Board.
When was Halk GYO established?
Halk GYO started its operations on 18.10.2010.
When did Halk GYO go public?
Halk GYO was offered to the public on 13-15 February 2013.
On which stock exchange and in which market is Halk GYO traded?
Halk GYO shares are traded on BIST STARS at Borsa Istanbul with the ticker “HLGYO”.
Which stock market indexes does Halk GYO take part in?
BIST CORPORATE GOVERNANCE / BIST STARS / BIST ALL SHARES-100 / BIST ALL SHARES / BIST REAL EST. INV. TRUSTS / BIST FINANCIALS / BIST 500
What investments does Halk GYO's portfolio consist of?
Halk GYO's real estate investments mainly consist of office and hotel buildings that generate rental income, residential projects and land investments.
What is the ownership structure of the company?
Shareholder |
Share in Capital (TL) |
Ratio(%) |
Türkiye Halk Bankası A.Ş. |
2,919,221,342.8 |
%79.33 |
Other |
760,778,657.2 |
%20,67 |
Total |
3,680,000,000.0 |
%100 |
What is the capital size of Halk GYO?
Halk GYO's capital size is TL 3,680,000,000.
How many shares represent Halk GYO's capital? Do the shares have any privileges?
Halk GYO's current issued capital consists of 3,680,000,000 shares, TL 59,535,339.328 of which is Group A registered, and TL 3,620,464,660.672 of which is Group B bearer. Group A shares have the privilege of nominating candidates in the election of the members of the Board of Directors. The members who will constitute one more than half of the Board of Directors are elected by the General Assembly from among those nominated by Group A shareholders, and the remaining members are elected by the General Assembly from among those nominated by Group A and B shareholders.
How many people are on Halk GYO's Board of Directors? How many independent members are on the Board of Directors?
Halk GYO's Board of Directors consists of 6 people. The number of independent members on the Board of Directors is 2.
What is the main activity of Halk GYO?
Halk GYO's main activity is to invest in real estate, capital market instruments based on real estate, real estate projects and rights based on real estate.
What are Halk GYO's sources of income?
Halk GYO's sources of income consist of rental income from real estate portfolio, real estate sales income and income from financial assets.
When does Halk GYO's Ordinary General Assembly convene?
The General Assembly convenes in accordance with the Company's Articles of Association, within three months from the end of the accounting period and in order to discuss and decide on the issues determined on the agenda to be prepared in accordance with Article 409 of the Turkish Commercial Code. An extraordinary general assembly meeting is held when the Company's business requires it or when the reasons specified in Articles 410 and the following of the Turkish Commercial Code arise.
Who is Halk GYO's independent auditing institution?
Halk GYO's independent auditing firm is KPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş. for the 2024 financial year.
Who can Halk GYO investors contact with their questions?
You can contact the Investor Relations Department for your questions.
Phone: 0216 600 10 00
E-mail: ir@halkgyo.com.tr
