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Emlak Konut

From Wikipedia, the free encyclopedia
EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
BİST: EKGYO
IndustryReal estate
Founded1987
Headquarters
Turkey
RevenueIncrease US$1.006 billion (2023)
Decrease US$127.2 million (2023)
Increase US$143.8 million (2023)
Total assetsIncrease US$5.201 billion (2023)
Total equityIncrease US$2.379 billion (2023)
ParentThe Housing Development Administration of Turkey (TOKI)
Websitewww.emlakkonut.com.tr/default

Emlak Konut is a Turkish real estate developer, belonging to TOKI the Housing Development Administration of Turkey, an arm of the Turkish state.[1][2]

History

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Emlak Konut was formed in 1987 as a subsidiary of Emlak Bank, from property developer Ankara İmar Ltd, which had been founded in 1953. The company specialised in housing projects throughout Turkey. In 2002, with the liquidation of the failed Emlak Bank, ownership of the property company passed to TOKI, but Emlak Konut has remained profitable without need of further subsidy from TOKI. In 2010 shares in Emlak Konut were offered on the Istanbul Stock Exchange.[3]

References

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  1. ^ "Emlak Konut GYO // Resmi Web Sitesi : Hakkımızda". Archived from the original on 2014-07-16. Retrieved 2014-07-20.
  2. ^ "Republic of Turkey Prime Ministry Housing Development Administration". Archived from the original on 2014-07-28. Retrieved 2014-07-20.
  3. ^ "Emlak Mikro". Archived from the original on 2014-07-25. Retrieved 2014-07-20.
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