Description: Akfen REIT was established in 2006 through a change in trade registry name and a restructuring of Aksel Tourism Investments and Operations (Aksel), which was founded on June 25, 1997, into a real estate investment trust. Akfen REIT's core business is to invest in real estate-based capital markets instruments and to create and develop a real estate portfolio. Specialized in the development and construction of middle market hotel projects, Akfen REIT develops city hotel projects under Ibis Hotel and Novotel brands through a strategic cooperation with Accor, Europe's largest international hotel operator chain. Akfen REIT's hotels currently in operation include Ibis and Novotel in Istanbul; Ibis in Esenyurt; Ibis in Ankara; Ibis in Eskisehir; Novotel in Trabzon; Ibis and Novotel in Kayseri; Ibis and Novotel in Gaziantep; Ibis in Bursa; Ibis in Adana; Ibis in Izmir; Ibis in Yaroslavl, Russia; Ibis in Samara, Russia; Ibis in Kaliningrad, Russia, Ibis in Moscow, Russia, the five-star Merit Park Hotel in TRNC, Novotel in Karaköy and Ibis in Tuzla. The Company has a portfolio of 20 hotels in total.
Home Page: www.akfengyo.com.tr
Büyükdere cad. No:201
Istanbul,
34390
Turkey
Phone:
90 212 371 87 00
Officers
| Name | Title |
|---|---|
| Mr. Hamdi Akin | Chairman & MD |
| Mr. Sertac Fuad Karaagaoglu | GM & CEO |
| Ms. Pelin Akin Ozalp | Exec. Vice Chairman of Directors |
| Mr. Yusuf Anil | Deputy Gen. Mang. of Financial & Admin. Affairs |
| Mr. Memduh Okyay Turan | Deputy Gen. Mang. of Operations |
| Ms. Asli Canan Ocal | Accounting Mang. |
| Mr. Mustafa Emre Yilmaz | Investor Relations Director |
| Sevin Nar | Legal Counsel & Company Lawyer |
| Mr. Irfan Erciyas | Exec. Director |
| Mr. Selim Akin | Exec. Director |
Exchange: IS
Country: TR : Turkey
Currency: Turkish lira (₺)
| GIC Sector: | Real Estate |
|---|---|
| GIC Group: | Real Estate |
| GIC Industry: | Equity Real Estate Investment Trusts (REITs) |
| GIC Sub-Industry: | Hotel & Resort REITs |
| Forward PE: | 0 |
|---|---|
| Trailing PE: | 1.1895 |
| Price-to-Book MRQ: | 1.1226 |
| Price-to-Sales TTM: | 15.9275 |
| IPO Date: | |
| Fiscal Year End: | December |
| Full Time Employees: | 28 |