2 Yapı Kredi Koray Overview Structure: Real Estate Investment Trust Foundation: December 1996 (IPO in 1998) Shareholder Base: Yapı Kredi Bank (26%) Koray Group (25%) Publicly Held (49%) Investment Strategy: To develop a balanced portfolio of prime residential and commercial properties
3 Share Holder Structure Initially offered to public in June 1998, 49 % of Yapı Kredi Koray shares are traded on the Istanbul Stock Exchange under the ticker symbol YKGYO. Yapı Kredi Koray is a subsidiary of Yapı Kredi Bank and the Koray Group.
4 CORPORATE PROFILE As an acknowledged leader of the real estate industry in Turkey, Yapı Kredi Koray has focused its attention on putting all of its experience,knowledge and energy to realize people oriented projects which is capable to satisfy continuously expanding and changing needs of city life. Projects developed by Yapı Kredi Koray distinguish themselves through their superior qualities and applications that each represent firsts in the sector. Admired by its target groups have also drawn the attention of international organizations as well. Yapı Kredi Koray s basic goal is to analyze market expectations correctly in order to realize original projects at international standards. Every project that the company develops is as much focused on creating an enjoyable living space as on being a profitable investment. A capacity to create new concepts and transform them into trademarks strengthens Yapı Kredi Koray s market position, while also generating demand for the new projects that it develops.
5 VISION Yapı Kredi Koray aims to: Raise the levels of all of its business development, project management, sales, after-sales customer relations, and financial management processes and organizational structures to those of Europe's premier real estate firms by creating a corporate culture that is focused on performance. Become one of Europe's most respected firms in the areas of real estate development and real estate value creation by entering into strategic partnerships with the world's best real estate management, marketing, and design firms. Create value for shareholders on a regular basis and always aims to provide a very good risk return performance
6 STRATEGY As a real estate investment company,yapı Kredi Koray has the ability to read the macroeconomic picture very well and come up with the best possible balance between its resources and its investments Yapı Kredi Koray determines its strategies and portfolio composition in line with realistic expectations about the future so as to maximize its effectiveness under all economic conditions Yapı Kredi Koray is continuously mindful of balancing risk and returns that it secures both on its equity and for shareholders Yapı Kredi Koray s investment strategy is erected on the underlying objective of generating consistent and sustainable returns for shareholders on investment alternatives that have similar risk levels
7 Yapı Kredi Koray Share Performance in 2011 In a year in which the İstanbul Stock Exchange National 100 index declined 22.33% and the REIT Index also fell down 17.23%. Yapı Kredi Koray s share closed the year at the price of On 30th December 2011, Yapı Kredi Koray s unit share price closed the year at TL 1.36 on a weighted-average basis. YKGYO (ISE-100) - TL Year-end Share Price Last Session Weighted-Average Price Market Capitalization 54,400,000 78,400,000 YKGYO (ISE-100) TL Highest Lowest 2011 Q Q Q Q
8 PROJECTS NEO Shopping and Lifestyle Center(Eskişehir): Neo, Eskişehir's first shopping and lifestyle center, is yet another first authored by Yapı Kredi Koray. With its unique architectural lines, enjoyable green spaces, and entertainment center, Neo is the first, only, and the most innovative example of its category in Turkey today. Ankara-Ankara (Ankara): Yapı Kredi Koray's first residential project development at outside Istanbul, Ankara - Ankara brings a whole new point of view to our capital city. Having authored many unique and award-winning projects with its people focused approach, Yapı Kredi Koray now appears with a project in the city of Ankara that fulfills every expectation.
9 Total land (Net) 50,12 m² Total construction area 99,123 m² Total rental area 35,813 m² Hypermarket 11,500 m² Movie theatre 2,895 m² Food court 1,706 m² Stores 19,712 m² Opening date March 2007
10 Total land (Gross) 19,912 m² Total land (Net) 17,952 m² Total construction area 43,570 m² Housing construction area 31,501 m² Total parking space 11,020 m² Social facilities 1,048 m² Total area for sale 28,553 m² Launch date May 2006 Delivery date March 2008
11 Evidea (Çekmeköy): Located at Çekmeköy on the Asian side of İstanbul, Evidea is a joint venture of Yapı Kredi Koray and Doğuş GE GYO in which each controls a 50% stake. The project offers a pleasant alternative to the urban life and including every finest details to provide an enjoyable way of of life İstanbul Bis: The third project undertaken by Yapı Kredi Koray, İstanbul Bis brings a brand-new look to the Kemerburgaz Göktürk region with its original architecture and landscaping. İstanbul Zen: The second project undertaken by Yapı Kredi Koray, İstanbul Zen was designed to achieve a harmonious blend of countryside repose and urban comfort far from the pressures and concerns of metropolitan living. Situated in the earthquake resistant Göktürk region, the project occupies m² of grounds near İstanbul İstanbul.
12 Total land (Gross) 59,870 m² Total land (Net) 34,022 m² Total construction area 101,188 m² Housing construction area 74,289 m² Total parking space 25,262 m² Social facilities 1,637 m² Total area for sale 67,887 m² Launch date October 2004 Delivery date July 2006
13 Total land (Gross) 12,079 m² Total land (Net) 9,858 m² Total construction area 26,666 m² Housing construction area 21,345 m² Total parking space 4,787 m² Social facilities 534 m² Total area for sale 17,809 m² Launch date April 2005 Delivery date March 2007
14 Total land (Gross) 9,934 m² Total land (Net) 8,830 m² Total construction area 21,453 m² Housing construction area 14,674 m² Total parking space 6,440 m² Social facilities 339 m² Total area for sale 13,915 m² Launch date September 2004 Delivery date March 2006
15 İstanbul İstanbul: Inaugurated in 1999, İstanbul İstanbul is a unique blend of the Mediterranean and traditional Turkish Architectural styles. It was the first residential project to be planned, developed, built, and marketed entirely by a Privately owned real estate investment trust in Turkey. Awards: ULI Awards for Excellence finalist 2003, MIPIM Awards 2002 winner, CRM Oscars winner 2003
16 Total land (Net) 72,743 m² Total construction area 76,750 m² Housing construction area 50,633 m² Total parking space 24,453 m² Social facilities 1,664 m² Total area for sale 40,743 m² Launch date March 1999 Delivery date June 2003
17 Riva: Riva joined the ranks of İstanbul's newest settlement regions when a 16,000,000 m 2 tract of land was opened for development in early Market researches indicate the Riva as İstanbul's rising star and will be one of the most popular living areas on the Asian side of the city. Yapı Kredi Koray's Riva, project will be established in about 480,000 square meter area. The firm will intend to set up its own original projects, according to municipality s examination of its development plan. Yapı Kredi Koray has been planning to develop the project at Riva, which will have unique concept and different from others.
18 Ankara Çankaya: Located in Çankaya, Ankara's most prestigious district, this project consists of three residential blocks (two 8-story and one 6-story) and three commercial blocks (two 5-story and one 3-story). The project includes a shopping center that will give residents and visitors access to the world's leading brands and labels. Located on İran Avenue, Ankara's premier thoroughfare, every detail of the Çankaya project reveals the uncompromising care that Yapı Kredi Koray gives to quality in every detail.
19 Narmanlı Han: Built at the end of the 19 th century in Beyoğlu, one of Istanbul s historic neighborhoods, as service quarters for the Russian embassy, Narmanlı Han was expanded through various supplementary units until the early years of the 20 th century. Occupying a 2,643 square meter estate, Narmanlı Han today consists of five large buildings situated around an inner courtyard. So a s to provide a meeting place in Beyoğlu for the residents of Istanbul, the complex will be transformed into an urban center, containing a variety of facilities such as movie theater, a concert hall, an art gallery, shops, book and music stores, cafes, restaurants, studios and workshops.
20 Elit Residence: Situated in Şişli, one of the central districts of Istanbul, with unrivalled access to all the amenities of metropolitan life, Elit Residence occupies 4,500 m 2 of grounds. Designed by BSB London Architects, Elit Residence's elliptical form made a handsome and modern new addition to Istanbul's celebrated skyline when it was completed in Elit Residence was among the top three contenders in the residential projects category in the MIPIM competition held in France in Elit Residence has 30,000 square meter of enclosed space, of which 15,000 square meter is intended for residential use. Yapı Kredi Koray has 2 units at Elit Residence
21 Bomonti Apartman: Bomonti is showing a modern and elegant appearance thanks to new residential buildings, shopping centers and hotels being built one after an other. The area encloses some of Istanbul's historically and culturally priceless buildings. Bomonti is also the heart of the commercial and business facilities. On-going road, tunnel and infrastructure works will soon make Bomonti a well furnished center of attraction. Yapı Kredi Koray has 9 units at Bomonti Apartman
22 Levent Loft Garden: Offers a unique life style with its elegant and inspiring architecture,located in Levent, major business districts of İstanbul and connected with a direct exit to the TEM highway. Provides comfortable life style and pleasant environment to its residents and see the life from perspective of a privileged viewpoint. Levent Loft Garden provides rich variety of social facilities, while offering vibrant, dynamic and unique life style at istanbul s heart with unmatched access to metropolitan life. Yapı Kredi Koray has 5 units at Levent Loft Garden
23 Kağıthane OfisPark: The concept and architectural projects are designed as a modern interpretation of existing neighborhood aura. Kağıthane OfisPark has won MIPIM Architectural Review Future Awards at the category of office projects in The complex has LEED certificate in the category of Core & Shell. Kağıthane OfisPark has contemporary and innovative design,and provides companies to opportunity to get at the heart of the city. Yapı Kredi Koray has purchased 2 office floors at Kağıthane OfficePark.
24 SUBSIDIARIES YKS Tesis Yönetim Hizmetleri A.Ş.: A facility-management services company responsible for the conduct of more than 30 projects, YKS Tesis Yönetim Hizmetleri A.Ş is a building management and services company in which Yapı Kredi Koray and the Koray Group control 51% and 49% stakes respectively. The company is the fourth biggest facility management firm in Turkey. Gelişim Gayrimenkul ve Yatırım Ticaret A.Ş.: A real estate development company, which seeks out investment opportunities in the real estate sector. Yapı Kredi Koray has set up the company on 14 th November 2008 and has got 99.99% stake of the company. Gelişim Gayrimenkul ve Yatırım Ticaret owns 223,823 square meter of land at Riva Göllü and 207,088 square meter of land at Riva East
SPRING, 2014 A BRIGHT FUTURE AHEAD Grown up more than the country s economy last year, the Turkish real estate market will not lose its appeal thanks to great positive developments. Aziz Torun Chairman,
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