Sinpas Gayrimenkul Yatirim Ortakligi
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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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