Tskb Gayrimenkul Yatirim Ortakligi Anonim Sirketi · BIST:TSGYO
Tskb Gayrimenkul Yatirim Ortakligi Anonim Sirketi — TSKB Gayrimenkul Yatırım Ortaklığı A.Ş. — Investor Presentation (January 2026)
37 slides from Tskb Gayrimenkul Yatirim Ortakligi Anonim Sirketi's investor presentation, January 2026
Slide 1: TSKB GYO Quality-Focused Investment Expertise
SKB Quality - Focused Investment Expertise
Slide 2: Contents
TSKB GYO JANUARY–2026 Section 01 Company Section 02 Real Estate Porfolio Section 03 Financial Data Section 04 TSGYO Stock Performance Contents Section 05 Appendix
Slide 3: Company
TSKB GYO JANUARY-2026 Company
Slide 4: Company Information
S e c t i o n 01 / Company TSKB GYO JANUARY - 2026 Company Name TSKB GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. Company Date of Establishment 03.02.2006 Information Listing BORSA İSTANBUL Ticker Symbol TSGYO Address Phone Ömer Avni (212) 334 50 20 Mahallesi Karun Çıkmazı Sokak Fax No:2 / 34427 (212) 334 50
Slide 5: Vision Mission
S e c t i o n 01 / Company TSKB GYO JANUARY-2026 Vision Mission To be a “reliable business To establish and maintain a partner” with a “pioneering growing and sustainable role” in its sector. investment portfolio with high returns.
Slide 6: Highlights
TSKB GYO JANUARY - 2026 Section 01 / Company Established in 2006 as a real estate investment and development company. Highlights Strong real estate portfolio with a commercial focus enabling reliable revenues derived from rental income. Aim to create a profitable real estate portfolio to provide hig
Slide 7: Strong and Sustainable Partnership Structure
TSKB GYO JANUARY - 2026 S e c t i o n 01 / Company Strong and Sustainable Partnership Structure Other shareholders & Free Float THE COMPANY IS ONE OF TSKB'S SUBSIDIARIES IN THE 11.39% REAL ESTATE SECTOR: The company’s main partner, TSKB , is Turkey's oldest and largest 1. TSKB Real Investment Compan
Slide 8: History
Section 01 / Company TSKB GYO JANUARY - 2026 History 2 0 0 6 / 2 0 0 7 2 0 0 8 / 2 0 1 0 2 0 11 / 2 0 1 5 2 0 1 6 / 2 0 1 8 2 0 1 9 / 2 0 2 5 2006 / February 2008 / July 2011 2016 2020 / September Establishment of TSKB TSKB acquired the construction Adana hotel (Divan Adana) investment Maintain the
Slide 9: Investment Strategy
S e c t i o n 01 / Company TSKB GYO JANUARY -2026 Investment Strategy Industrial and The Goal of Growth by Risk Calculation Geographical Focus Project Development TSKB GYO follows an investment strategy TSKB GYO aims to grow through a project Confirming commercial viability at the focused on commerc
Slide 10: Real Estate Portfolio
TSKB GYO JANUARY - 2026 Real Estate Portfolio
Slide 11: Portfolio Breakdown
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Portfolio Breakdown As of 31.12.2025 Hotel 1.122.395.000 TL Divan Adana Hotel 1.122.395.000 TL Office Buildings 3.928.211.305 TL Fındıklı Building 3.431.736.305 TL Tahir Han Building 496.475.000 TL 17% Hotel Shopping Center 1.644.260.0
Slide 12: Real Estate Portfolio Summary
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Real Estate Portfolio Summary Pendorya Fındıklı Office Tahir Han Divan Adana Shopping Center Buildings Office Buildings Hotel VALUE (TL 000)* 1.644.260 TL 3.461.710 TL 496.475 TL 1.122.395 TL Total* 6.724.840 TL (Valuations carried out
Slide 13: Pendorya Shopping Center
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Pendorya Shopping Center Pendik / İstanbul
Slide 14: Pendorya Shopping Center Details
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY- 2026 Pendorya Shopping Center Details Location Pendik / İstanbul 1/2 TSKB GYO Stake %100 Operational Date December 2009 Land Area (sqm) 23.183 Construction Land (sqm) 80.648 Leasable Area (sqm) 30.573 Anchor Tenants (sqm) • Eskidji Bazaar (9
Slide 15: Pendorya Shopping Center
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Pendorya Shopping Center 2/2 It is located in an unsaturated area with high development potential Pendorya is located at the crossroads of two of Istanbul’s main highways and is 8 km distant from the Sabiha Gokcen(SG) International Air
Slide 16: Fındıklı Office Buildings
Bölüm 02 / Gayrimenkul Portföyü TSKB GYO EKİM - 2025 Fındıklı Office Buildings İstanbul
Slide 17: Fındıklı Office Buildings Details
Section 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Fındıklı Office Buildings Details 1/2 Location İstanbul Fındıklı Building I TSKB GYO Stake %100 Land Area (sqm) 1.196 Leaseable (sqm) 7.102 Number of Floors 8 Tenants TSKB – Invastment Financing Appraisal Value (mn. TL) 1.686 Million TL TSKB
Slide 18: Fındıklı Office Building Details
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Fındıklı Office Building Details 2/2 Location İstanbul Fındıklı Building II TSKB GYO Stake %100 Land Area (sqm) 2.430 Leaseable land (sqm) 10.724 TSKB GYO is the 100% owner of the property. Number of Floor 10 The building has 10.724 sq
Slide 19: Tahir Han Office Buildings
S e c t i o n 02 / Real Estate Porfolio TSKB GYO JANUARR - 2026 Tahir Han Office Buildings İstanbul
Slide 20: Tahir Han Office Building Details
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Tahir Han Office Building Details Location İstanbul TSKB GYO Stake %74 Land Area (sqm) 607 Leaseable Area (sqm) 3.198 Number of Floor 8 Tenants - Appraisal Value (mn. TL) 496,47 Million TL *It is the value of the share of TSKB GYO. TSK
Slide 21: Divan Adana Hotel
Bölüm 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Divan Adana Hotel Adana
Slide 22: Divan Adana Hotel Details
S e c t i o n 02 / Real Estate Portfolio TSKB GYO JANUARY - 2026 Divan Adana Hotel 1/2 Details Location Adana – City Center TSKB GYO Stake %50 Operational Date September 2015 Appraisal Value (mn. TL) 1.122 Million TL Rooms 180 Ballroom 516 sqm / 450 people Bar 340 sqm / 120 people Meeting Rooms 7 TS
Slide 23: Divan Adana fills need for a comfortable city hotel
S e c t i o n 02 / Real Estate Porfolio TSKB GYO JANUARY - 2026 Divan Adana Hotel 2/2 Adana is one of Turkey’s main industrialcities with Divan Adana fills need additional business growth potential due to investments in the energy and petrochemical sectors. for a comfortable city The occupancy rate
Slide 24: Financial Data
TSKB GYO JANUARY - 2026 Financial Data
Slide 25: Balance Sheet
S e c t i o n 03 / Financial Data TSKB GYO JANUARY - 2026 (TL 000) 2024 2025 Balance Current Assets Cash and Banks 317.483 113.661 174.917 40.334 Trade Receivable 4.098 3.294 Sheet Other Current Assets 199.724 131.290 Non-Current Assets 6.607.412 6.830.309 Investment Valued by Equity Method 48.764 6
Slide 26: Income Statement
S e c t i o n 03 / Financial Data TSKB GYO JANUARY - 2026 Income Statement (TL 000) 31.12.2024 31.12.2025 Revenues 211.315 218.761 Operating Costs (-) (119.070) (123.154) Net Operating Profit 92.245 95.607 Expenses General Administrative( (51.559) (55.094) Expenses Marketing (206) (351) Income From
Slide 27: Key Parameters
S e c t i o n 03 / Financial Data TSKB GYO JANUARY – 2026 Key Parameters ( 7.005 6.925 6.695 6.522 6.188 6.204 Varlıklar Özkaynaklar Gayrimenkul Portföyü 2024 2025 (Amounts are expressed in TL based on the purchasing power of the Turkish Lira (“TL”) as of December 31, 2025 unless otherwise indicated
Slide 28: TSGYO Stock Performance
TSKB GYO JANUARY- 2026 TSGYO Stock Performance
Slide 29: TSGYO Stock Performance
S e c t i o n 04 / TSGYO Stock Performance TSKB GYO JANUARY - 2026 TSGYO Stock Performance 31.12.2023- 31.12.2025- 31.12.2024 31.12.2025 30.01.2026 31.12.2024 30.01.2026 XU100 Index 9.831 11.262 13.838 15% 19% REIT Index 3.558 5.761 6.238 61% 8% TSGYO Share Price 6,95 6,81 7,62 -2% 12% TSGYO Market
Slide 30: TSGYO Stock Performance
S e c t i o n 04 / TSGYO Stock Performance TSKB GYO JANUARY - 2026 TSGYO Stock Performance TSGYO, BIST GYO Index ve BIST 100 Index Performance
Slide 31: TSGYO Relative Performance to BIST REIT Index
S e c t i o n 04 / TSGYO Stock Performance TSKB GYO JANUARY- 2026 TSGYO Stock Performance TSGYO-Relative Performance to BIST REIT Index -%37
Slide 32: Net Asset Value
Section 04 / TSGYO Stock Performance TSKB GYO JANUARY - 2026 Net Asset Value TSGYO Net Asset Value(NAV) Hotel 1.122.395.000 TL Divan Adana Hotel 1.122.395.000 TL Office Buildings 3.928.211.305 TL Fındıklı Buildings 3.431.736.305 TL Tahir Han Building 496.475.000 TL Shopping Center 1.644.260.000 TL P
Slide 33: Appendix
TSKB GYO JANUARY - 2026 Appendix
Slide 34: Regulation Highlights
Section 05 / Appendix TSKB GYO JANUARY - 2026 Regulation Highlights Capital Markets Institution, under the supervision of the CMB. Not allowed to carry out construction. >51% of the portfolio to be investedin real estate. Propertie to be valued by independent and CMB licensed appraisal companies.
Slide 35: Public REITs
Section 05 / Appendix TSKB GYO JANUARY- 2026 Public REIT’s • Adra REIT • Avrupakent REIT • İş REIT • Özderici REIT • Trend REIT • Ahes REIT • Batı Ege REIT • Kızılbük REIT • Panora REIT • TSKB REIT • Akfen REIT • Deniz REIT • Kiler REIT • Pasifik REIT • Vakıf REIT • Akiş REIT • Doğuş REIT • Körfez R
Slide 36: Disclaimer
Section 05 / Appendix TSKB GYO JANUARY - 2026 Disclaimer This presentation does contain forward looking statements that reflect the Company management’s current views with respect to certain future events based on the base-case assumptions. Although it is believed that the expectations reflected in
Slide 37: Thank You
THAN K TSKBGYO Y O U
TSKB Gayrimenkul Yatırım Ortaklığı A.Ş. — Investor Presentation (January 2026) on 6ix