Turkey's real estate firm Ronesans' shares fall 7% after Singaporean GIC sells part of stake
26/11/2025 08:06
Nov 26 (Reuters) - Shares in Turkish real estate firm Ronesans Gayrimenkul Yatirim RGYAS.IS fell around 7% on Wednesday after the Singaporean sovereign wealth fund GIC Private Limited sold part of its stake in the company for 2.1 billion lira ($49.46 million). According to a filing by Ronesans Gayrimenkul Yatirim on the Turkish stock exchange platform, 15 million shares were sold at a price of 140 lira per share. Upon completion of the transaction GIC's stake will decline to 13.85% from 18.38%. Bookrunner Unlu Menkul Degerler said shares subject to the wholesale transaction are already listed on Turkey's Borsa Istanbul. ($1 = 42.4583 liras) (Reporting by Miraç Eren Dereli; Editing by Daren Butler) ((miraceren.dereli@thomsonreuters.com;))
Recent news on Ronesans Gayrimenkul Yatirim
See all newsBrief: Ronesans Gayrimenkul Yatirim Q2 Net Profit Up At 4.3 Bln Lira YoY
Brief: Ronesans Gayrimenkul Yatirim Proposes To Pay Cash Dividend At Gross 7.82 Lira Per Share For 2025
Brief: Ronesans Gayrimenkul Yatirim Says It Signs Agreement To Buy Remaining 50% Share In Ferikoy Gayrimenkul Yatirim
Brief: Ronesans C. $165M AEO Fixed Price Offer At TRY 163 Per Share, Says Bookrunner
Brief: Bookrunner Says Ronesans Secondary AEO Books Are Covered