EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.

Material Event Disclosure (General)

Publish Date:29.04.2021 17:58:40
Disclosure Type:ODA
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Summary

The Agreement of İstanbul Besiktas Ortakoy Revenue Sharing Model Project

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Material Event Disclosure General
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The agreement of İstanbul Besiktas Ortakoy Revenue Sharing Model Project in Return for Land Sale which 2nd session of its tender was completed on 11.03.2021, has been signed between our Company and the Yüklenici Pasifik Grup Gayr. Yat. A.Ş. & Pasifik Gayr. Yat. İnş. A.Ş. Joint Venture (Pasifik- Levent Partnership) on 29.04.2021.

  

The tender results are given below;

  

Estimated Total Sales Revenue (ETSR): TRY 2.650.000.000

  

Company Revenue Share Ratio (CRSR): 45 %

  

Company's Share in Total Revenue (CSTR) : TRY 1.192.500.000

  

In accordance with the Turkish capital markets regulations, in case of any discrepency between the Turkish and English versions of disclosures, the Turkish language version which is published on the Public Disclosure Platform (Kamuyu Aydınlatma Platformu) shall prevail.

We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.