Brief: Halk REIT Says It Will Sign Ordinary JV Share Purchase Agreement To Acquire A 57.5% Stake In Existing Göktürk Ordinary JV

Halk Gayrimenkul Yatirim Ortakligi

25/06/2025 05:18

June 25 (Reuters) - HALK GAYRİMENKUL YATIRIM ORTAKLIĞI HLGYO.IS:

SAID ON TUESDAY WILL SIGN SIGN "ORDINARY JOINT VENTURE SHARE PURCHASE AGREEMENT "TO ACQUIRE A 57.5% STAKE IN EXISTING "GÖKTÜRK ORDINARY JOINT VENTURE"

BASED ON VALUATION STATED IN REPORT BY BIZIM MENKUL DEĞERLER 57.5% SHARE SHALL BE PURCHASED FOR A PRICE OF 280.0 MILLION LIRA

TO PARTICIPATE IN "GÖKTÜRK ORDINARY JOINT VENTURE" WITH A 57.5% SHARE

"REVENUE SHARING AGREEMENT" SHALL BE SIGNED BETWEEN THE LANDOWNERS AND THE "GÖKTÜRK ORDINARY JOINT VENTURE" (WITH 35% ALLOCATED TO LANDOWNERS AND 65% TO "GÖKTÜRK ORDINARY JOINT VENTURE"

 Source text: nIKA2zHCpZ
 Further company coverage: HLGYO.IS

 (Gdansk Newsroom)

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