Emlak Konut

Emlak Konut is a Turkish real estate developer, belonging to TOKI the Housing Development Administration of Turkey, an arm of the Turkish state.[1][2]

EMLAK KONUT GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
Traded asBİST: EKGYO
IndustryReal estate
Founded1987
Headquarters
Turkey
ParentThe Housing Development Administration of Turkey (TOKI)
Websitewww.emlakkonut.com.tr/default

History

Emlak Konut was formed in 1987 as a subsidiary of Emlak Bank, from property developer Ankara İmar Ltd, which had been founded in 1953. The company specialised in housing projects throughout Turkey. In 2002, with the liquidation of the failed Emlak Bank, ownership of the property company passed to TOKI, but Emlak Konut has remained profitable without need of further subsidy from TOKI. In 2010 shares in Emlak Konut were offered on the Istanbul Stock Exchange.[3]

References

  1. "Archived copy". Archived from the original on 2014-07-16. Retrieved 2014-07-20.CS1 maint: archived copy as title (link)
  2. "Archived copy". Archived from the original on 2014-07-28. Retrieved 2014-07-20.CS1 maint: archived copy as title (link)
  3. "Archived copy". Archived from the original on 2014-07-25. Retrieved 2014-07-20.CS1 maint: archived copy as title (link)
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