Subject: Regarding Rental Negotiations Within the Scope of Pelitli Logistics Center Investment
Within the scope of our company's previously disclosed logistics center investment ongoing in Pelitli District, Gebze Borough, Kocaeli Province, the construction works for the logistics facilities—consisting of 2 blocks and 4 independent sections with a total leasable area of approximately 54,675 m²—are planned to be completed in November 2026 in line with the work schedule.
Designed with a net internal height of 14 meters for all independent sections, these facilities carry significant potential to become an important operational center for companies operating in the logistics and supply chain sector, thanks to their proximity to the TEM Highway, Northern Marmara Highway, ports, and other major logistics transportation networks of the region, as well as their modern technical infrastructure and structural features built to international standards.
In this context, negotiations have commenced with Netlog Lojistik Hizmetleri A.Ş., one of Turkey's leading logistics service providers, for the leasing of the independent sections within the investment. The ongoing negotiations cover the evaluation of commercial terms, usage areas, delivery schedules, and contractual provisions regarding the leasing of certain parts of the facilities.
Although the negotiations carried out between the parties continue positively, no binding lease agreement has been signed at the current stage, and the negotiations are subject to being finalized upon definitive terms and the completion of the necessary corporate approval processes.
Following the completion of the Pelitli Logistics Center investment, our company aims to generate regular rental income, increase the value of its real estate portfolio, and provide sustainable contributions to its shareholders.
Further public disclosures will be made upon the conclusion of the negotiations in question.
Presented for the information of the public and our investors.
This statement was translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail.