Credit Rating
Transkript
Credit Rating
Yeşil REIT Company Profile • Established as a Portfolio Management Company in 1997. • Went to public at Istanbul Stock Exchange in 1999. • In 2006, ‘Yeşil İnşaat Gayrimenkul Yatırım Hizmetleri Ticaret A.Ş.’ and Rudolph Younes took over the company from İhlas Group and changed its name to ‘Y&Y Gayrimenkul Yatırım Ortaklığı A.Ş.’ • In 2010, company merged with ‘Yeşil İnşaat Yapı Düzenleme ve Pazarlama Ticaret A.Ş.’, changed its title to ‘ Yeşil Gayrimenkul Yatırım Ortaklığı A.Ş.’ and became a leading REIT in Turkey. • With the merger, paid in capital was increased from 24,151,319 TRY to 235,115,706 TRY. Shareholder Structure Shareholder's Trade Name Kamil Engin Yeşil Yesil İnşaat Gayrimenkul Yat. Hiz. Tic. A.Ş. Various Shareholders Total Capital Amount (TRY) 137,862,811 Capital Share (%) 58.64% 27,748,809 11.80% 69,504,086 235,115,706 29.56% 100.00% Board of Directors BOARD OF DIRECTORS Name Işık Gökkaya Namık Bahri Uğraş Prof. Dr. Derin Orhon Bekir Yüksekdağ Menderes Kültürel Fermani Özgür Altun Günay Yavaş Title Chairman of the Board Vice Chairman of the Board Member of the Board Member of the Board Member of the Board Independent Member of the Board Independent Member of the Board Paid-In Capital Date Former Capital (TRY) Capital Increase/Decrease Explanation Amount (TRY) New Capital (TRY) December 1999 2,000,000 Rights Issue 49% 1,922,000 3,922,000 April 2000 3,922,000 Free Issue 50% 1,961,000 5,883,000 June 2002 5,883,000 Free Issue 50% 2,941,500 8,824,500 Rights Issue 100.5% 8,871,603 June - August 2003 8,824,500 Free Issue 50% 4,412,250 22,108,353 October-November 2005 22,108,353 Rights Issue 55% April 2010 33,162,530 Capital Decrease 58.60% August 2010 13,730,702 Free Issue 75.89% December 2010 24,151,319 Merger Increase 11,054,177 33,162,530 -19,431,827 13,730,702 10,420,617 24,151,319 210,964,387 235,115,706 Corporate Governance Rating • Yeşil REIT is the first REIT having a corporate governance rating and is one of the 44 companies which are included in the Corporate Governance Index in Istanbul Stock Exchange (ISE). • The Corporate Governance Rating that was determined as 8.16 in 2009 rose each year and reached to 9.04 in 2014. & Credit Rating • Yeşil REIT has achieved another first by obtaining an Investable Credit Rating among other REITs. The company’s long term credit rating was determined as TR BBB and short-term credit rating was determined as TR A2 which demonstrate that our Company is “Investable”. • Yeşil REIT also received a long term credit rating of A- and a short term credit rating of A-1 from JCR Eurasia Rating. THANK YOU