Turkcell Buys Istanbul Financial Center Properties for TRY 16.51 Billion

Bitget2026/10/22 19:32

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Turkcell completed a TRY 16.51 billion cash acquisition of properties at İstanbul Financial Center on October 22, 2026.
Building B cost TRY 6.98 billion; subsidiary Turkcell Teknoloji Araştırma ve Geliştirme purchased Building A for TRY 9.53 billion.
The properties comprise 171 independent units intended for use as a technology and management center.
Seller TVF İFM Gayrimenkul İnşaat ve Yönetim is a subsidiary of Türkiye Wealth Fund, Turkcell’s controlling shareholder.
The purchase price reflected a negotiated 4% discount to appraised value.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Turkcell Iletisim Hizmetleri AS published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-118128), on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Turkcell Buys Istanbul Financial Center Properties for TRY 16.51 Billion

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