There has been an agreement of "joint venture with revenue share for a period of 3 years" signed for the purpose of investing without the intention of property acquisition to the project located on Gaziantep Province, Şehitkamil District, Güvenevler County, 5155 Block, 2 Parcel in accordance with the CMB's Communique of Real Estate Investment Trusts numbered III-48.1 Article 22, with the title "Investment Activities and Restrictions with respect to Investment Activities" paragraph ç. The aforementioned property is registered to the deed under the name of "Şireci - Acarsan İnşaat Sanayi ve Ticaret A. Ş." and all the necessary licences and permits have been obtained and the construction has already begun for the project, which has a completion ratio of 82%.
In case of any discrepancies between the Turkish and the English versions of this disclosure, the Turkish version shall prevail in accordance with the Capital Markets Board of Turkey's regulations.
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