Mr. Bekir CUMURCU, our General Manager of Nurol Real Estate Investment Trust Co., has been elected the Chairman of the Board of GYODER (Real Estate Investment Trust Association) GYODER was established in 1999 by the representatives of then the existing and to be established real estate investent trusts (REIT) in Turkey in order to promote and represent, to provide incentives for, to bring quality, control and standards for training in, and to protect the real estate sector which promises a future and will play a driving role in providing the economy with a dynamic direction.