Vakif GYO

Name

Vakif GYO

Legal name

Vakif GYO

Website

https://vakifgyo.com.tr

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Vakif GYO is a publicly traded Turkish real estate investment trust and subsidiary of state-owned VakifBank that develops and sells residential and commercial property projects in Istanbul and Ankara, serving individual property buyers and REIT investors.

Ownership category

akta.pro rank

Product category

Real Estate Investment Trust

NAICS

Lessors of Other Real Estate Property (53119), Rental and Leasing Services (532), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Real Estate Investment Trusts (6798), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

REITs & Listed Real Estate Securities (FSAAAKAD)

akta.pro secondary industries

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ), Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

Keywords

• Real estate investment trust
• Residential property development
• Commercial real estate
• Property portfolio management
• Real estate development

Headquarters

HQ city

Umraniye

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Distribution channels1 record

Marketing channels3 records

Core offering

Vakif GYO (Vakif REIT) is a publicly traded Real Estate Investment Trust (GYO) that develops, owns, and sells residential and commercial real estate units across multiple named projects in Istanbul and Ankara, Turkey. The company also operates as a property portfolio manager, leasing and renting office and commercial buildings within its portfolio to generate rental income. Its offering includes housing projects (Bizimtepe, Aydos, Tablo Adalar, Sancaktepe Merkez), commercial/mixed-use developments (Cubes, Istanbul International Finance Center), and investment exposure to Turkish real estate through publicly traded REIT shares.

Differentiator

Problem solved

Functional benefit

Products and services

• Bizimtepe Residential housing project developed by Vakif GYO located in Istanbul, offering home units for sale to individual buyers.
• Aydos Residential housing project developed by Vakif GYO located in Istanbul, offering home units for sale to individual buyers.
• Cubes (Cubes Istanbul) Commercial or mixed-use project developed by Vakif GYO in Istanbul, offering office and commercial space for sale or lease.
• Tablo Adalar Residential and commercial project developed by Vakif GYO, part of its ongoing portfolio in Istanbul.
• Sancaktepe Merkez Urban transformation/central project developed by Vakif GYO in Istanbul, part of its ongoing residential and commercial sales portfolio.
• Istanbul Uluslararasi Finans Merkezi (Istanbul International Finance Center) Major international finance center project in Istanbul developed by Vakif GYO, providing commercial office space in Turkey's principal financial district.

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Direct peers

• Is Gayrimenkul Yatirim Ortakligi (Is REIT): REIT subsidiary of Isbank, one of Turkey's largest private banks; comparable bank-affiliated REIT structure with diversified real estate portfolio across major Turkish cities.
• Sinpas GYO: Turkish GYO specializing in residential housing projects across Istanbul and other cities, directly comparable in development focus and project pipeline structure.
• Akis GYO: Turkish REIT operating in residential and commercial real estate development, with similar GYO structure and Istanbul-focused project portfolio.
• Dogus GYO: REIT affiliated with the Dogus Group conglomerate in Turkey, operating comparable mixed-use and residential projects in Istanbul and other major cities.
• Ozderici GYO: Smaller Turkish REIT with comparable Istanbul-centric residential and commercial property portfolio under the same GYO regulatory framework.
• Torunlar GYO: Turkish REIT focused on mixed-use and commercial developments including the Torun Tower and Mall of Istanbul projects, with similar Istanbul-centric portfolio strategy.
• Emlak Konut GYO: Turkey's largest publicly traded REIT, also operating under the GYO structure with diversified residential and commercial development across Istanbul and other major cities. Direct competitor in the Turkish REIT investment space.
• Halk GYO: REIT subsidiary of Halkbank, another Turkish state-owned bank; operates as a GYO with comparable bank-affiliated structure, project portfolio, and regulatory framework, making it one of the closest parallels to Vakif GYO.

Emerging players

• Reysas GYO: Turkish REIT focused on logistics and warehousing real estate; while segment-different, it shares the GYO regulatory structure and Istanbul footprint.

Others

• GYODER (Gayrimenkul ve Gayrimenkul Yatırım Ortaklığı Derneği): Industry association representing Turkish REITs; not a direct competitor but the awarding body that recently recognized Vakif GYO and provides industry benchmarking and networking among Turkish GYO companies.

Market position

Customer concentration

• Xx.com/VakifGYO

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vakif GYO