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Asce Gayrimenkul Yatirim Ortakligi A.S. (Turkiye)

Main Activities: Real Estate Property Managers
Full name: Asce Gayrimenkul Yatirim Ortakligi A.S. Profile Updated: October 30, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2023 Available in: English Download a sample report

The Company s main filed Construction in Gaziantep province since 2010 continues its activities. The Company, within the scope of transformation into a real estate investment trust, was approved by the Board dated 07.02.2023 and Following the permit numbered E-12233903-340.02-32788, it was registered to the trade registry on 13.02.2023 and on 14.02.2023.
The title of ASCE Gayrimenkul Yatırım Ortaklıgı Anonim Sirketi by changing the articles of association with the decision of the General Assembly and turned into a real estate investment trust.
According to the company s Articles of Association, which was changed in the general assembly decision made on 13.02.2023, the main field of activity is;
real estates, real estate projects, real estate-based rights, capital market instruments and Capital Market
Established to issue its shares in order to operate the portfolio consisting of other assets and rights to be determined by the Board of Directors.
and registered as a capital market institution that can engage in other activities permitted in the capital market legislation.
capital joint stock company.
Along with these, in addition to the ongoing projects in Gaziantep, the villa and housing project has been completed on a land of 41.078 m2, which is entirely owned by the company, in the 15 July District, one of the most important districts of the city, and has been brought to the license stage. The villa project work will be completed in a short time on two plots of 81,980 m2 in total belonging to ASCE in Gaziantep Kuecuek Kızılhisar District. ASCE applied to the Capital Markets Board in November 2022 to transform into a Real Estate Investment Company in order to become a more dynamic, more efficient and larger player in the sector by using its accumulated experience with its developing brand identity, corporate management, strong financial structure and real estate portfolio.
Our goal is to carry its strength to the future by taking its place among the companies traded on the Istanbul Stock Exchange, by preserving our strong structure, founding principles and values.
Company s VISION is :
Company s vision is to ensure that the individual benefits from modernity, architecture and technology at the highest level without breaking his bond with his naturalness, the basis of which is respect for people and nature, and to transfer our Life Architecture philosophy to life practice without losing sight of the fact that we will set an example for the whole world. Respecting the priorities of our buyers, which is our reason for existence, Creating safe structures, places and business partnerships for our buyers, Making our employees proud of working at ASCE, To continue to be among the most reliable companies in Turkey and to contribute to the creation of the image of contemporary and modern Turkey.
Company s MISSION is :
To be a pioneer in quality and occupational safety issues with its experienced and trained personnel, and to be an exemplary institution with the customer satisfaction it provides.
To be a leading construction company in the construction sector of our country, contributing to social life by producing exemplary projects.
To produce structures in accordance with the developing construction technologies at world standards.
Our main goal is to make our achievements permanent and carry them to the long term. We will be an institution that adapts quickly to change, is productive, efficient and reacts quickly.
Whatever the conditions, we will not compromise on our quality product and service policy, our principles and our honest identity.
The goal of our company; to create a high quality of life in the projects it produces, to raise living standards and to develop environmental values.
To realize the best projects with innovative, functional and aesthetic designs by working with architects and engineers who are specialized in their fields.
Researching and using advanced construction techniques and new construction materials allowed by modern technology is one of the most important tasks of our company. In this regard, our architects and engineers constantly follow domestic and international innovations.

Headquarters
Gazi Dis. Zubeyde Hanim Bulvari No:64/A, Sehitkamil
Gaziantep; Southeast Anatolia;

Contact Details: Purchase the Asce Gayrimenkul Yatirim Ortakligi A.S. report to view the information.

Website: http://www.ascegyo.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairman
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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25.04%
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5.95%
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5.95%
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5.95%
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5.95%
Company Performance
Financial values in the chart are available after Asce Gayrimenkul Yatirim Ortakligi A.S. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency TRY. Absolute financial data is included in the purchased report.
Net sales revenue
142.85%
Total operating revenue
86.35%
Operating profit (EBIT)
-305.98%
EBITDA
-336.1%
Net Profit (Loss) for the Period
N/A
Total assets
140.57%
Total equity
141.1%
Operating Profit Margin (ROS)
-166.45%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-0.18%
Quick Ratio
23.22%
Cash Ratio
19.6%

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