Page 37 - Annual Report 2019

Nurol Park, Basın Ekspres, Istanbul/TURKEY Nurol Tower, Mecidiyeköy, Istanbul/TURKEY

T HE STORY OF A BRAND GROWING TOGETHER WITH NUROL LIFE: HAVE AN EXCLUSIVE LIFE!
TURKEY…
As another project developed by Nurol GYO, Nurol Life is
Nurol Gayrimenkul Yatırım Ortaklığı A.Ş. (Nurol GYO) located right next to Turk Telekom Arena and lays over a
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was founded in September 1997, with a registered capital field of 9,500 m . Meeting the privileges of a residence
ceiling of 10 million TL and a contributed capital of 1 million with various exciting details, 50-story Nurol Life offers
TL to offer people a comfortable life. 49% of NUROL GYO prestige and comfort together with its 439 apartments in
was offered to public in 1999, and by 31 December 2019, its the tower and 26 Terrace Houses. Placing importance to
size of assets reached 1,743,949,491 TL, followed by a business life as well, Nurol Life is home to 50 offices.
contributed capital of 205 million TL. Nurol GYO’s shares
offered to public accounted for 10.15% by 31 December KEEP DISCOVERING NUROL GYO!
2019. Constantly working to enrich the lives of people, Nurol There are many important projects in Nurol GYO’s
GYO developed 3 important projects in Istanbul. portfolio other than these 3 huge projects. Nurol Plaza in

NUROL TOWER: YOUR HOME IS AT THE HEART OF THE CITY! Maslak, which is considered the finance and business
center of Istanbul, Nurol Residence, which is among the
Nurol Tower aroused as an environmentally friendly housing most luxurious housing projects in Ankara, Karum
project in Mecidiyeköy. Offering the opportunity to be used Business and Shopping Center, which is one of the
as home with the exclusive services and living spaces important attractions of Ankara, and OASIS Shopping,
changing from 73 m² to 193 m², Nurol Tower addresses Culture and Entertainment Center in Bodrum, which is
every need of modern life. All units of Nurol Tower, which the center of tourism in Turkey also stand out as other
was constructed in conformity with the criteria of Green important projects in the portfolio of Nural GYO. Nurol
Building Certification LEED Gold issued by U.S. Green GYO is taking its rightful place among the leading
Building Council, face southeast and southwest thanks to companies by devising value added projects in the areas
the triangular structure of the building. Therefore, all your of land development, project design, marketing and sales
days pass with full of comfort and happiness. with its qualified and experienced staff.

NUROL PARK: A COMFORTABLE LIFE IS WAITING FOR YOU!

Nurol Park, the other project of Nurol GYO is located in
Güneşli-Basın Ekspres. Nurol Park, which is called as the
first mixed project of Nurol GYO stretches out over an area
of 55,000 m² with the approach of “Life Valley” and offers NUROL REAL ESTATE INVESTMENT TRUST INC. (Thousand TL)
you a unique comfort with its design suitable for mixed use.
Nurol Park, built in the area purchased by Nurol GYO and 2017 2018 2019
home to Hürriyet Medya Towers is mostly made up of TOTAL ASSETS 1.841.011 1.781.232 1.743.949
houses. Consisting of a residential section of 1,186 units, an SALES INCOME 351.529 223.951 270.141
office block of 119 units and a Block K of 326 units, Nurol EBITDA 67.860 24.289 73.774
Park brings the joy of outdoor shopping to your place with (1) Figures are calculated from the consolidated financial statements in accordance with IFRS.
its brand of OASIS CADDE. (2) All Projects are completed and started transferring of the title deeds to the buyers in 2017.

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