Akfen Real Estate Investment Trust Inc. (Akfen GYO) has been included in the Borsa Istanbul (BIST) Sustainability Index based on its performance in environmental, social, and corporate governance (ESG) areas. While continuing its long-term value creation strategy through a sustainability-focused portfolio management approach and real estate investments that prioritize energy efficiency and social benefit, the Company demonstrates an investment model that addresses environmental and social impact together through transformation projects such as Terminal Kadıköy.
Akfen Real Estate Investment Trust Inc. (Akfen GYO) has been included in the Borsa Istanbul (BIST) Sustainability Index following assessments of its performance in environmental, social, and corporate governance (ESG) criteria. The index, determined by Borsa Istanbul, is formed based on evaluations of companies’ environmental impact management, social responsibility practices, corporate governance structures, and transparency standards. Akfen GYO’s inclusion in the index highlights that its practices in these areas are aligned with international ESG standards.
POSITIVE IMPACT OF TERMINAL KADIKÖY ON THE PORTFOLIO
Akfen GYO manages its real estate portfolio in line with long-term value creation and sustainable operating principles. The Company’s portfolio includes 19 city hotels in Türkiye and Russia operated under the Novotel and Ibis brands by the Accor Group. In addition, tourism investments such as Bodrum Loft, student dormitories, office buildings, commercial properties, and new investments contribute to Akfen GYO’s diversified portfolio structure.
The mixed-use Terminal Kadıköy project, developed in Istanbul’s Söğütlüçeşme district, commenced operations as of May 1, 2025. Meanwhile, construction continues on luxury villas in Bodrum Yalıkavak, an apartment-style hospitality facility in Milas Kıyıkışlacık, and the “Independent Living and Senior Care Center” projects in the U.S. state of Florida. The Florida project, to be developed on a 25.7-acre site, will consist of two phases: the first phase will be the “Independent Senior Living Center” to be built on 11 acres, followed by the “Senior Care Center” as the second phase.
As of the end of the third quarter of 2025, Akfen GYO’s total real estate portfolio value reached EUR 788 million. Among the assets in the portfolio, Terminal Kadıköy stands out as one of the projects that reflects Akfen GYO’s sustainability approach. Developed by revitalizing previously underutilized areas beneath a viaduct and reintegrating them into public life, the project focuses on activating existing urban space without creating additional construction density. Its strong integration with public transportation, pedestrian-oriented design, and open-space-focused spatial layout contribute to reducing energy consumption. With its structure that supports social interaction, Terminal Kadıköy presents an urban regeneration model that addresses environmental and social sustainability together.
