Halk Gayrimenkul Yatirim Ortakligi As · BIST:HLGYO
Halk Gayrimenkul Yatirim Ortakligi As — Halk Gayrimenkul Yatırım Ortaklığı A.Ş. — Q1 2026 Earnings Presentation
29 slides from Halk Gayrimenkul Yatirim Ortakligi As's earnings presentation, 2026
Slide 1: Investor Presentation 2026 Q1
INVESTOR PRESENTATION 2026 Q1
Slide 2: About Halk GYO
ABOUT HALK GYO Halk GYO, was established in 2010, invests in real estates, real estate projects, real estate based rights and capital market instruments. Our Company's initial public offering was held on the stock exchange on February 13-15, 2013, and began trading on the Stock Exchange on Febru
Slide 3: Real Estate Portfolio Distribution
REAL ESTATE DISTRIBUTION OF PORTFOLIO PORTFOLIO TL 69.8 Billion Lands Buildings that generate rental income 4.2% TL 492.5 Million 95.8% 2026 March Establishment Investor Relations 2
Slide 4: Real Estate Portfolio Regional Dispersal
REAL ESTATE PORTFOLIO REGIONAL DISPERSAL İstanbul İstanbul “Next Level Kemer» “Next Level Country» «Riva Lands» İstanbul «Beykoz Lands» İstanbul “Bizimtepe Aydos” “Konum İstanbul İstanbul Finance Center Project» «Paye Sakarya» «Halk Office Towers» Kocaeli İstanbul “Şekerpınar Office Buildings” “Refe
Slide 5: Real Estate Portfolio: Lands and Projects
REAL ESTATE PORTFOLIO 2026 March LANDS Current Status ¹Fair Value(TL) Beykoz Land Land 720,000,000 Salıpazarı Land Land (Parking Lot) 76,400,000 İstanbul Riva Lands (5 Plots) Land 2,145,000,000 TOTAL LANDS 2,941,400,000 PROJECTED LANDS & PROJECTS Dilovası Modern Industrial Site In construction, sale
Slide 6: Real Estate Portfolio: Buildings Generating Rental Income
REAL ESTATE PORTFOLIO BUILDINGS THAT GENERATE 2026 January - March 2026 March Tenant RENTAL INCOME Rental Income(TL) ¹Fair Value (TL) İFM Halk Office Block A Bank Headquarters 326,042,126 41,706,820,000 İFM Halk Office Block B (commercial Empty - 5,739,610,000 units) Ataşehir Finance Tower Technopar
Slide 7: Rental Income - Rate of Return
RENTAL INCOME - RATE OF RETURN 0.69% 463.6 0.48% 257.0 March 2026 March 2025 Rental Rate of Return Ratio Rent Income (Million TL) Rental income figures are totals for three months. Investor Relations 6
Slide 8: Completed Projects: Ataşehir Finance Tower
COMPLETED PROJECTS ATAŞEHİR FINANCE TOWER In 2012, we acquired this 23-floor class A office tower located near the İstanbul Finance Center Project while it was under construction. Being in Batı Ataşehir district, which is one of the closest areas to İstanbul Finance Center. Ataşehir Finance Tower su
Slide 9: Completed Projects: Referans Bakırköy
COMPLETED PROJECTS REFERANS BAKIRKÖY Referans Bakırköy is Halk GYO’s first residential project, The project is developed based on a revenue sharing model in which our Company’s share is 50,5 percent. The project which carried out together with Biskon Yapı A.Ş., an association of Kiler Holding, has r
Slide 10: Completed Projects: Levent Hotel
COMPLETED PROJECTS LEVENT HOTEL Levent Hotel which was started in 2013 on the Levent land and completed in 2015 is the first hospitality project in Halk GYO’s portfolio. It meets the much felt need for business hotels on Mecidiyeköy-Maslak line, Istanbul. Levent Hotel, which aims to be an environmen
Slide 11: Completed Projects: Eskişehir Panorama Plus
COMPLETED PROJECTS ESKİŞEHİR PANORAMA PLUS The project located in Odunpazarı-Eskişehir, developed on an area of 9,811 m² and covers 102 independent units consists 97 residential and 5 commercial units. Construction and sales commenced in November 2013, and the project was completed in 2015. All inde
Slide 12: Completed Projects: Şekerpınar Banking Center
COMPLETED PROJECTS ŞEKERPINAR BANKING CENTER The "Şekerpınar Project," built on our 15,652 m² plot of land in Şekerpınar, Kocaeli, which was added to our company's portfolio in September 2012, has a total usable area of approximately 62,000 m², comprising Blocks A and B. The "Şekerpınar Banking Cent
Slide 13: Completed Projects: Halk Office Şekerpınar
COMPLETED PROJECTS HALK OFFICE ŞEKERPINAR Halk Office Şekerpınar located on our Şekerpınar-Kocaeli land which was purchased in September 2012, has an usage area of approximately 53K m². Halk Office Şekerpınar was sold in May 2023. Investor Relations 12
Slide 14: Completed Projects: Bizimtepe Aydos
COMPLETED PROJECTS BİZİMTEPE AYDOS The residential project, which was implemented through a Ordinary Joint Venture established in cooperation with Vakıf GYO, is located in the Sancaktepe district of Istanbul. The project is aimed to meet the residential demand in the region with its location close t
Slide 15: Completed Projects: Şehristan Residential
COMPLETED PROJECTS ŞEHRİSTAN RESIDENTIAL A residential project is planned to be developed on a land located in Yakutiye district of Erzurum province, which was included in the portfolio in April 2016. The land is co-owned equally by Er Konut, a subsidiary of Erzurum Metropolitan Municipality, and Ha
Slide 16: Completed Projects: Salıpazarı Hotel
COMPLETED PROJECTS SALIPAZARI HOTEL The Salıpazarı Building, which served as a bank branch and office, started to serve as a hotel building in 2018 after its renovation was completed. Investor Relations 15
Slide 17: Istanbul Financial Center: Halk Office Towers
COMPLETED PROJECTS İSTANBUL FINANCIAL CENTER «HALK OFFICE TOWERS» Our Company, as one of the main stakeholders in the Istanbul Financial Center (IFC) project coordinated by the Ministry of Environment, Urbanization and Climate Change, is constructing two towers on its land within the scope of the pr
Slide 18: Dilovası Modern Industrial Site
COMPLETED PROJECTS DİLOVASI MODERN INDUSTRIAL SITE In September 2022, the building construction licenses were obtained for the project, which was realized as a result of the revenue sharing agreement in return for land sales at the rate of 47% (Marmara Metal) - 53% (Halk Yapı - our company's 100% su
Slide 19: Ongoing Projects: Evora İzmir
ONGOING PROJECTS EVORA İZMİR “Teknik Yapı – Halk GYO Ordinary Joint Venture” has been established providing all profits, liability and revenue to be divided equally with Teknik Yapı A.Ş., the winner of the Revenue Sharing Model Project in Return for Land Sale Tender, made by Emlak Konut GYO A.Ş., in
Slide 20: Ongoing Projects: Paye Sakarya
ONGOING PROJECTS PAYE SAKARYA Paye Sakarya Project, which was implemented within the framework of the "Cooperation Protocol" signed between our company, Haldız İnşaat A.Ş. and other 3rd parties in December 2021, consists of 426 residences and 34 commercial units of different scales on a total land o
Slide 21: Ongoing Projects: Next Level Kemer
ONGOING PROJECTS NEXT LEVEL KEMER The project, developed on parcel 1 of block 244 in the Mithatpaşa neighborhood of the Eyüpsultan district of Istanbul, was acquired through a "Construction and Revenue Sharing Agreement in Return for Land Share" signed on July 22, 2025. The Next Level Kemer project,
Slide 22: Ongoing Projects: Next Level Country
ONGOING PROJECTS NEXT LEVEL COUNTRY The company became involved in the Next Level Country project, which will be developed on a 42,596.97 m² plot of land located in Parcel 5, Block 246, Kemerburgaz Mithatpaşa Neighborhood, Eyüpsultan District, Istanbul Province, through the "Construction and Revenue
Slide 23: Ongoing Projects: Konum İstanbul
ONGOING PROJECTS KONUM iSTANBUL Our company became involved in the project with the contract signed on May 22, 2025 within the scope of Yenibosna Urban Transformation. A building permit has been obtained within the scope of the project. Investor Relations 19
Slide 24: Financial Tables (TAS-Consolidated)
FINANCIAL TABLES (TAS-Consolidated) BALANCE SHEET -TL MARCH 2026 DECEMBER 2025 INCOME STATEMENT–TL MARCH 2026 MARCH 2025 Current Assets 16,836,106,466 18,204,483,812 Revenue 1,560,490,125 6,361,840,503 Income From Sale of Investment Property - Liquid Assets 4,187,841,115 4,698,617,817 5,924,282,237
Slide 25: Total Assets, Equity, Sales and Net Profit
Mar.26 Dec.25 90.8 89.2 Billion TL 60.8 59.7 TOTAL ASSETS EQUITY Mar.26 Dec.25 Billion TL 6.4 1.6 1.9 1.1 SALES NET PROFIT (The amounts are expressed based on the purchasing power of the Turkish Lira as of March 31, 2026.) Investor Relations 21
Slide 26: Distribution of Assets and Liabilities
DISTRIBUTION OF ASSETS AND LIABILITIES Distribution of Assets Distribution of Liabilities 77% 75% 67% 67% 12% 13% 12% 14% 13% 13% 13% 11% 6% 7% 2026 MARCH 2025 DECEMBER 2026 MARCH 2025 DECEMBER Investment Properties Inventories Others Financial Debts Equity Deferred Income Others Investor Relations
Slide 27: Distribution of Main Income Items
DISTRIBUTION OF MAIN INCOME ITEMS 2% 2% Increase in Value of 8% Investment Increase in Value of 8% 14% Properties Investment Properties Income from Sale of 15% Investment Project Sales Income Properties 50% 53% Net Monetary 29% Net Monetary Position Position 19% Rental Income Rental Income Others Ot
Slide 28: Distribution of Main Expense Items
DISTRIBUTION OF MAIN EXPENSE ITEMS 8% 1% 2% 1% 1% 2% Cost of Investment Deferred Tax Property Sales Expense 14% Deferred Tax Financial Expenses Expense 37% Cost of Project Sales 23% Financial Expenses 18% General 64% General Administrative Administrative Expenses 29% Expenses Marketing Expenses Mark
Slide 29: For further information please contact: Directorate of Investor Relations
For further information please contact: Directorate of Investor Relations ir@halkgyo.com.tr DISCLAIMER 0 216 600 1000 The information contained in this presentation has been prepared by Halk Gayrimenkul Yatırım Ortaklığı A.Ş. -Halk GYO for informational purposes only. Although the information in thi
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