Alarko Gayrimenkul Yatirim Ortakligi A.s. · BIST:ALGYO
Alarko Gayrimenkul Yatirim Ortakligi A.s — Investor Presentation (March 2025)
19 slides from Alarko Gayrimenkul Yatirim Ortakligi A.s's investor presentation, March 2025
Slide 1: Investor Presentation March 2025
INVESTOR PRESENTATION March 2025
Slide 2: ALARKO GYO In Brief
Shareholder Structure ALARKO GYO In Brief Alarko Gayrimenkul initiated its operations in 1996 Alarko First listed REIT in the stock exchange Holding Designs and builds high-quality residential communities 16,4% Other Invests in real estate, real estate projects, real estate related 48,8% Alarko Alsi
Slide 3: The Historical Development of Alarko GYO
THE HISTORICAL DEVELOPMENT OF ALARKO GYO The first Sustainable site of Turkey, Alkent Etiler, was built in 1989. 1989 It became the first REIT (Real . Estate Investment Trust) companyInsert listedtitle here on Borsa 1996 Istanbul. The Alkent 2000 site is a recreation city of approximately 1000 villa
Slide 4: Portfolio and Rental Revenues
Portfolio and title Rental Revenues title title title 4
Slide 5: Our Portfolio
Our Portfolio Bodrum Hillside Küçükbük Neigborhood, t i t l eAdress Buruncuk Street, No:9 Bodrum, Muğla Type Hotel (Incomplete) Construction area(m²) 52.386 m² Market Value (31.12.2024- 8.434.810.000 ₺ (Excluding Completion Status*) VAT) Fethiye Hillside title Kalemya Bay, Ölüdeniz, Adress Fethiye,
Slide 6: Our Portfolio
Our Portfolio Alkent 2000 Mall title Alkent 2000 Neigborhood, t i t l e Adress Yeditepe Street, No:1, Büyükçekmece, İstanbul Type Shop Rentable Area (m²) 756 m² Market Value (31.12.2024) 103.704.000 ₺ (Excluding VAT) Alkent Etiler Mall Akat Neigborhood, Sera Adress Street, No: 12 Beşiktaş, İstanbul
Slide 7: Our Portfolio
Our Portfolio Karaköy Kemankeş Karamustafa Neigborhood, Necatibey t i t lAdress e Street, No:66 Beyoğlu, İstanbul Type Office&Shop Rentable Area (m²) 1.493 m² Market Value (31.12.2024) 170.920.000 ₺ (Excluding VAT) Mosalarko title Moskova, Marksistkaya Adress Street, Bld. 16 title Type Office Rentab
Slide 8: Our Portfolio
Our Portfolio Büyükçekmece Karaağaç Neigborhood., Eskice Karaağaç Road, 2420 title Ada/17 Parcel & 2452 on Adress Block/2 Parcel & Gülnihal title Street., 2452 on Block 3 Parcel Type Land Rentable Area (m²) 622.458 m² Market Value (31.12.2024) 947.577.000 ₺ (Excluding VAT) Maslak İstanbul, Sarıyer,
Slide 9: Our Portfolio
Our Portfolio Eyüp Topçular Topçular Neigborhood title Adress Tikveşli Street No:8 Eyüpsultan /İstanbul Type Factory Rentable Area (m²) 13.959 m² Market Value (31.12.2024) 600.000.000 ₺ (KDV Hariç) Ankara Çankaya title Güzeltepe Neigborhood Adress Sedat Simavi Street No: 48 Çankaya-Ankara Type Apart
Slide 10: Development of Portfolio (31.03.2025)
Development of Portfolio (31.03.2025) – TL mn Our Portfolio 15.699,9 15.271,0 11.634 1.294,5 6.194 955,8 2.947,0 1.886,0 662 1.574 16.033,7 16.033,7 1.195 10.339 755 969 1.135 2.285 5.238 419 498 625 600 751 306 174 248 305 372 429 585 679 974 384 516 171 193 253 326 133 -333,8 -762,7 2012 2013 2014
Slide 11: Breakdown of Portfolio (31.03.2025)
Breakdown of Portfolio (31.03.2025) Our Portfolio Cash -5% Land 12% Office 93% Geographical Breakdown of the Portfolio t i t l e(31.03.2025) Moscow Istanbul 4% 20% Ankara 0% Fethiye- Bodrum 76% 10
Slide 12: Change in Rent Prices & Inflation
Our Portfolio Change in Rent Prices & Inflation 297% 71% 33% 10% 22% 0% 23% 32% 21% -22% 36% 64% 27% 65% 44% Long-Term Contracts 8% 9% 9% 12% 20% 12% 15% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Change in Rent Inflation with Summary of Rents - TL 268.486.717 297.798.681 Strong Tenants
Slide 13: Rental Yield and Dividend Distribution
Our Portfolio Rental Yield 16,9% 17,0% 11,8% 8,9% 8,4% 8,1% 10,3% 9,7% 5,3% 7,7% 4,9% 4,7% 4,7% 5,6% 5,2% 4,1% 2,9% 3,3% 5,5% 5,4% 5,5% 1,8% 1,6% 3,3% 3,1% 3,1% 1,3% 1,1% 1,3% 3,3% 2020 2021 2022 2023 2024 Karaköy Ankara Çankaya Eyüp-Topçular Büyükçekmece Alkent Etiler Alkent Fethiye Hillside Divide
Slide 14: Portfolio Outlook
Portfolio Outlook 31.12.2024 31.03.2025 Maslak Land, Istanbul 845.9 845.9 Land in Eskice Village, Buyukcekmece - Istanbul 947.6 947.6 Alarko Business Center (Karakoy- Istanbul) 170.9 170.9 Alarko Business Center (Ankara) 67.9 67.9 Hillside Beach Club Holiday Village (Fethiye – Muğla) 7,700.0 7,700.0
Slide 15: Turkey Tourism and Commercial Real Estate Data
title Turkey Tourism and Commercial Real Estate Data 15
Slide 16: Statistics
Statistics 135.631.512 Overnight(mn) 126.997.612 121.855.425 112.178.562 Avg. Day of Stay 75.521.703 3,63 3,35 3,30 3,29 3,27 3,22 33.286.311 46.970.422 31.518.111 48.133.008 59.214.164 67.655.208 60.000.000 1,87 1,87 1,94 1,92 1,96 1,98 2019 2020 2021 2022 2023 2024 Domestic Foreign 2019 2020 2021
Slide 17: Profit&Loss Summary
Profit&Loss Summary TL mn – After TAS 29 Q1 2024 Q1 2025 % Change Revenue 61,0 60,8 0% Gross Profit / Loss 58,1 49,4 (15%) General Administrative Costs(-) 37,1 29,7 (20%) Other Operating Income 214,3 107,1 (50%) Other Operating Expense (-) 23,5 2,4 (90%) Operational Profit / (Loss) 211,8 124,3 (41%)
Slide 18: Balance Sheet
Balance Sheet 2024 Q1 2025 % Change Assets 19.831 20.027 1% Current Assets 2.052 1.281 (38%) Cash & Cash Equivalents 383 246 (36%) Financial Investments 944 594 (37%) Non-current Assets 17.778 18.747 6% Liabilities 5.167 5.147 0% Current Liabilities 615 607 (1%) Short-term Financial Liabilities - -
Slide 19: Disclaimer
Disclaimer Alarko Gayrimenkul Yatirim Ortakligi (the“Company”) has prepared this presentation (the “Presentation”) in order to provide investors with general information about the Company. The contents of this Presentation is based on public information and on data provided by the Company’s manageme
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