Sinpas Gayrimenkul Yatirim Ortakligi

Sinpas Gayrimenkul Yatirim Ortakligi investor enjoying dividends on tropical cruise

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Sinpas Gayrimenkul Yatirim Ortakligi AS (SNGYO:TI) is a Real Estate Investment Trust in Turkey.

The Sinpas Group began 37 years ago, and in 2006 reorganized into the REIT structure.

Sinpas Subsidiaries:

Ottoman Gayrimenkul Yatrm naat ve Ticaret A. -- a 355 unit building complex in Zeytinburnu.

24.9% of Ottoman Gayrimenkul Yatrmnaat ve Ticaret A. -- a 15,500 m2 plot of land in Zeytinburnu, Istanbul, city block number 774 and parcel number 52.

Ottoman Gayrimenkul Yatrmlar naat ve Ticaret A. -- a 355 unit building complex along the Marmara coastal road.

Saf Gayrimenkul Gelitirme naat ve Ticaret A. -- 888 housing units for Phases 1 and 2 of the Akasya Project in Acbadem, Istanbul.

7.4% of the shares of Saf Gayrimenkul Gelitirme naat ve Ticaret A. -- 129,207 square meters in Acbadem, Istanbul.

Seven Gayrimenkul Gelitirme naat ve Taahhüt A. -- a plot totalling 40,548 square meters in Sancaktepe, Samandra, Istanbul next to the Lagün Project.

Sinpas Gayrimenkul Yatirim Ortakligi AS Property Portfolio Includes:

ISTANBUL SARAYLARI; AQUA CITY 2010; BOSPHORUS CITY; Bursa Modern; LAGUN; RUMEL KONAKLARI, Zekeriyaköy/Istanbul; and AVANGARDEN, Çekmeköy / Istanbul.

These are all major projects, consisting of housing, a biological lake, offices and recreation and shopping.

Therefore, Sinpas Gayrimenkul Yatirim Ortakligi is a GYO positioning itself to profit from increased tourism to and from Turkey, and prosperity.

Next: TSKB Gayrimenkul Yatirim Ortakligi -- offices and a shopping center

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