Savur REIT Goes Public: IPO Dates and Share Price Announced

Savur REIT has received approval from the Capital Markets Board for its IPO, with demand collection scheduled for February 26-27 and March 2 at a price of 3.64 TL per share.

Savur REIT Goes Public: IPO Dates and Share Price Announced

IPO Schedule and Pricing Savur Real Estate Investment Trust (Savur REIT), whose initial public offering (IPO) application was approved by the Capital Markets Board (SPK), is beginning its demand collection process.
The company's shares will be offered to investors on February 26-27 and March 2.
The sale price per share has been set at 3.64 TL, aiming to provide a wide range of participation opportunities for investors.
Offering Size and Company Structure A total of 295.4 million shares are planned for sale as part of the IPO.
Following this transaction, the company's free float rate is expected to reach 27.12%.
The total size of the public offering is projected to be approximately 1.1 billion TL.
Through this process, the company aims to strengthen its capital structure and reinforce its corporate framework.
Portfolio Assets and Future Goals Savur REIT's portfolio includes strategic real estate assets such as Sophia, Orientbank Hotel Istanbul, and Orient Occident Hotel Istanbul.
The funds obtained from the IPO are planned to be used for financing the company's existing projects and implementing new investments.
Aiming to increase its presence in the real estate sector, the company will begin trading on the stock exchange after the completion of the IPO process.

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