Is Gayrimenkul Yatirim Ortakligi A.s. · BIST:ISGYO
Is Gayrimenkul Yatirim Ortakligi A.s — İş Gayrimenkul Yatırım Ortaklığı A.Ş. — Investor Presentation (2025)
24 slides from Is Gayrimenkul Yatirim Ortakligi A.s's investor presentation, 2025
Slide 1: İş Gayrimenkul Yatırım Ortaklığı A.Ş. Investor Presentation 2025 – 1Q
İŞ GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. INVESTOR PRESENTATION 2025 – 1Q Sınıflandırma: GENEL | Classification: PUBLIC
Slide 2: İş REIC at a Glance
İŞ REIC AT A GLANCE SHAREHOLDING STRUCTURE Mcap Real Estate Portfolio İşBank İşBank Group Companies Other TRY 15,6 Billion TRY 42 Billion 33% Asset Size Rental Portfolio TRY 51,9 Billion TRY 32,7 Billion 52% 15% Rental Income Equity Size (1Q 2025) TRY 42,2 Billion TRY 360,6 Million Around 67% of the
Slide 3: İş REIC at a Glance
İŞ REIC AT A GLANCE İŞ TOWERS TUTOM and COMPLEX TUZLA MIX 1999 İŞGYO Establishment 2000 2006 2007 2011 2012 2013 2015 2016 2017 2018 2022 2023 2024 2025 İZMİR İÇERENKÖY İZMİR İFM ŞEHİTLER OFFICE OFFICE OFFICE LAND BUILDINGS BUILDING BUILDINGS Sınıflandırma: GENEL | Classification: PUBLIC 3
Slide 4: İş REIC Investments
İŞ REIC INVESTMENTS DIVERSIFIED REAL ESTATE PORTFOLIO 8% Diversified Real Estate Financially Strong Strong Capital Portfolio Tenants Structure 14% 15% 63% Office Retail Project Other Sınıflandırma: GENEL | Classification: PUBLIC 4
Slide 5: Real Estate Portfolio
REAL ESTATE PORTFOLIO Sınıflandırma: GENEL | Classification: PUBLIC
Slide 6: Real Estate Portfolio
REAL ESTATE PORTFOLIO REAL ESTATE PORTFOLIO VALUE ASSET BREAKDOWN Mio TRY % SHARE 5,9% 2,7% OFFICE 26,342 62.7% 13,6% Rental Portfolio RETAIL 6,351 15.1 % 15,1% PROJECTS 5,688 13.6% 62,7 LAND 1,127 2.7% Office Retail Projects Land Inventories INVENTORIES 2,457 5.9% REAL ESTATE PORTFOLIO TOTAL 41,966
Slide 7: Office Investments
OFFICE INVESTMENTS Ankara TUTOM İŞ TOWERS İş Tower Office Lamartine Technology Operation Centre of Tuzla Tower 2-3 and Bank Brunch Maslak Office 2025 1Q 2025 1Q 2025 1Q 127 Mio TRY Rental 116 Mio TRY Rental 8,5 Mio TRY Rental Income Income Income Appraisal Appraisal 3,783 Mio TRY Appraisal 10,450 Mi
Slide 8: Office Investments
OFFICE INVESTMENTS İÇERENKÖY OFFICE BUILDINGS İZMİR OFFICE BUILDING APPRAISAL VALUE APPRAISAL VALUE 338 Mio TRY 980 Mio TRY Expected Annual Rental Income: 20 Mio TRY Expected Annual Rental Income: 59 Mio TRY Sınıflandırma: GENEL | Classification: PUBLIC 8
Slide 9: Retail Investments
RETAIL INVESTMENTS SHOPPING CENTERS • KULE ÇARŞI • TUZLA MEYDAN • MALLMARINE TUZLA MEYDAN ÇARŞI KANYON* EGE PERLA OTHER 2025 1Q 2025 1Q 2025 1Q Rental 84 Mio TRY Rental 11 Mio TRY Rental 13 Mio TRY Income Income Income Appraisal 1,250 Mio Appraisal 1,084 Mio Appraisal 4,017 Mio TRY MALLMARINE Value
Slide 10: Litus Istanbul
LITUS ISTANBUL LOCATION ALTUNIZADE, ISTANBUL PROJECT TYPE: RESIDENTAL PROJECT TOTAL SALEABLE AREA: 35.800 m2 DEVELOPMENT COST*: 96 Mio USD NUMBER OF UNITS: 98 NUMBER OF UNITS SOLD: 57 (As of March 2025) INVESTMENT MODEL: 50%-50% COST & REVENUE SHARING WITH TECIM *Inc. Land Sınıflandırma: GENEL | Cla
Slide 11: Projects Under Development
PROJECTS UNDER DEVELOPMENT Sınıflandırma: GENEL | Classification: PUBLIC
Slide 12: Kasaba Modern Project
KASABA MODERN PROJECT LOCATION NUMBER OF UNITS OMERLI, ISTANBUL 165 VILLA PROJE TYPE TOTAL LAND AREA VILLA 138.000 Sqm EST. DEVELOPMENT COST $ 210 Mio (Inc. Land) INVESTMENT MODEL 44% ISGYO 56% TECİM COST & REVENUE INVESTMENT MODEL Sınıflandırma: GENEL | Classification: PUBLIC 12
Slide 13: Kasaba Modern Project
KASABA MODERN PROJECT PHASE I) PHASE II NUMBER OF UNITS NUMBER OF UNITS 61 VILLA 44 VILLA EST. DEVELOPMENT COST EST. DEVELOPMENT COST $ 80 Mio (Inc. Land) $ 59 Mio (Inc. Land) CONSTRUCTION AREA –PHASE 1: CONSTRUCTION AREA –PHASE 2: 20.789 Sqm 13.000 Sqm SALEABLE AREA SALEABLE AREA 19.000 Sqm 13.000
Slide 14: Profilo Residential Project
PROFILO RESIDENTIAL PROJECT INVESTMENT MODEL İŞ REIC MINIMUM REVENUE Revenue Sharing Based on Land Share. 65 Mio USD + VAT The project will be developed by Artaş İnşaat. İŞ REIC REVENUE SHARE: A Residential Project Comprising Approximately 313 Units. 40%. Sınıflandırma: GENEL | Classification: PUBLI
Slide 15: Balmumcu Project
BALMUMCU PROJECT LOCATION GAYRETTEPE, ISTANBUL PROJECT TYPE RESIDENCE PROJECT 67 RESIDENTAL UNITS 6 Commercial-Use Residential Unit EST. DEVELOPMENT COST TOTAL CONSTRUCTION AREA: 30 Mio USD (Inc. Land) 11.045 Sqm Sınıflandırma: GENEL | Classification: PUBLIC 15
Slide 16: Planned Projects
PLANNED PROJECTS Sınıflandırma: GENEL | Classification: PUBLIC
Slide 17: Tuzla Residential Project
TUZLA RESIDENTIAL PROJECT LOCATION TOTAL LAND AREA PROJECT TYPE TUZLA, ISTANBUL ~ 60.000 Sqm RESIDENTIAL PROJECT OF ~ 1.115 UNITS Sınıflandırma: GENEL | Classification: PUBLIC 17
Slide 18: Financials
FINANCIALS Sınıflandırma: GENEL | Classification: PUBLIC
Slide 19: Financials
FINANCIALS INCOME STATEMENT (Mio TRY) 31.03.2025 31.03.2024 BALANCE SHEET Sales Revenue 740 437 31.03.2025 Cost of Sales -381 -81 ASSETS (Mio TRY) 51,871 KAYNAKLAR 51,871 Gross Profit/Loss 359 356 Current Assets 6,981 Short-Term Liabilities 6,394 EBIT -240 -296 Non-current Assets 44,890 Long-Term Li
Slide 20: Financial Debt and Cash Position
FINANCIAL DEBT AND CASH POSITION FINANCIAL DEBT AS OF (31.03.2025) BANK LOANS BILLS AND BONDS TOTAL FINANCIAL DEBT 4,123 Mio TRY NET FINANCIAL DEBT 169 Mio TRY 4,123 Mio TRY None. COST OF DEBT: %39-%53 TOTAL FINANCIAL DEBT/ASSETS 8% Financial Debt Breakdown CASH AND CASH EQUIVALENT 3,953 Mio TRY Bil
Slide 21: Share Performance
SHARE PERFORMANCE Sınıflandırma: GENEL | Classification: PUBLIC
Slide 22: Share Price vs Index Performance
10,2 10,4 10,8 11 11,2 11,4 10,6 2.000 4.000 8.000 6.000 0 10.000 12.000 29/03/2024 08/04/2024 19/04/2024 30/04/2024 09/05/2024 BIST 100- BIST GYO 17/05/2024 27/05/2024 04/06/2024 12/06/2024 25/06/2024 03/07/2024 11/07/2024 22/07/2024 30/07/2024 07/08/2024 15/08/2024 23/08/2024 ISGYO 03/09/2024 11/0
Slide 23: Contacts
CONTACTS DISCLAIMER This presentation has been prepared in order to inform Ayşegül Şahin Kocameşe investors. Assistant General Manager Phone : 0 850 724 23 50 Since the presentation has been prepared regarding the E-mail : aysegul.sahin@isgyo.com.tr previous period, the data in it may not reflect th
Slide 24: Thank You
THANK YOU Sınıflandırma: GENEL | Classification: PUBLIC
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