Emlak Konut GYO, the largest real estate investment partnership company in Turkey, has continued its successful performance in June despite the markets slowing down. The total turnover of the company in the first six months of the year has exceeded 3 billion 490 million TL. The turnover of the company in 2012 was in the region of 3 billion 423 million TL.
Emlak Konut GYO has made a total of 3 billion 490 million 532 thousand TL in sales in the projects which have been undertaken using the revenue sharing model, in the period between 1 January 2013 – 30 June 2013. The total number of independent units sold in six months is 7 thousand 331. The revenue earned by Emlak Konut GYO from sales in the said projects in 2012 was 3 billion 423 million 209 thousand TL.
Including preliminary sales, Emlak Konut GYO has achieved a turnover of 272 million 77 thousand 897 TL in the month of June, from the sales of independent units which were developed in accordance with the Public Tender Legislation, and under the revenue sharing model. The number of properties sold was 796.
Emlak Konut GYO to exceed 4 billion TL target by year end
Murat Kurum, the Managing Director of Emlak Konut GYO, who assessed the sales figures, emphasized that Emlak Konut GYO, which has exhibited a successful performance in 2013, had in fact achieved the same revenue in the first six months of this year as it had achieved during the whole of 2012. Kurum said, “This performance shows that our annual turnover target for 2013, which was actually determined as being 4 billion TL at the beginning of the year, will be at completely different levels come the end of the year, and that we are making great strides towards new records in sales. While we are contributing to the urbanization of our country with the property projects we are undertaking, we also believe that we are a driving force behind the dynamism of the country’s economy.”
More information about Emlak Konut GYO can be found at www.emlakkonut.com.tr