Investing Policy
The investment objective of the Group is to provide Shareholders with the potential for significant capital growth by investing in property in Istanbul, Turkey. The existing properties held in Bulgaria and Romania will be disposed of and the proceeds used to enhance Shareholder value.
The Group invests in a range of office, retail and residential properties in Istanbul, Turkey. The Group will primarily seek to invest in properties adjacent to the current holdings that offer the potential for significant capital growth in the Turkish portfolio. The Group's primary policy will be to purchase existing properties, including properties in need of refurbishment or renovation. The Group may also invest in the construction and development, renovation or refurbishment of properties, either wholly owned by the Group or in conjunction with other investors.