The portfolio is valued by real estate appraisal firms listed by the CMB, and investment property is usually carried at fair value. REIT income is exempt from corporate tax under certain conditions.
Source: SPK Gayrimenkul Yatırım Ortaklıklarına İlişkin Esaslar Tebliği (III-48.1)
Related terms
Investment propertyLand and buildings held to earn rental income, for capital appreciation, or both.ValuationEstimating the monetary value of a company, share, asset or liability at a specific date and for a specific purpose.Initial public offering (IPO)A company's shares being offered to investors for the first time with CMB approval and starting to trade on the exchange.Authorised capital systemA system under which the board may increase capital up to a ceiling set in the articles of association without a general assembly resolution.Bonus issueIssuing shares to shareholders by adding a company's internal resources (reserves, retained earnings, capital adjustment differences) to its capital.Book-buildingThe process in an IPO of collecting investors' share purchase orders over set days and allocating them under the distribution rules.
Last updated: October 31, 2026 · This definition is for general information only.