ALARKO REAL ESTATE INVESTMENT COMPANY IN BRIEF
Alarko Real Estate Investment Company "ALGYO" was founded in 1996. It is the first Real Estate Investment Company that went public in Turkey.
Alarko REIC, an affiliate of Alarko Holding operating in the field of real estate development sector, provides its investors with a fixed income with the rental income it derives from the real properties in its portfolio, and also possesses valuable lands for the purpose of development.
The company's goodwill constantly increased starting from the date of its foundation with its real properties gaining value and its successful cash management efforts.
Registered Capital TL 150,000,000
Paid-up Capital TL 64,400,000
Flee float rate 49%
Date of Initial Public Offering 19-20 December 1996
Public offer price TL 0.0041