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Based on consensus from external analysts. Not Kvantra's opinion.

Emlak Konut's journey commenced in 1953, founded with the ambition to spearhead Turkey's urban development and elevate its citizens' quality of life. The company's core vision was to construct contemporary, environmentally conscious cities that enhance human well-being. Throughout its history, Emlak Konut has been a trailblazer, introducing numerous innovations and establishing benchmarks for planned urban development across the nation. Its projects were often so expansive and groundbreaking that they shaped the identity of entire neighborhoods. A significant transformation occurred in 2002 when Emlak Konut evolved into a dedicated real estate investment company. This marked the beginning of an era of ambitious endeavors, with 139 new projects launched since, each designed to incorporate sustainable technologies and deliver substantial value to urban environments. Since 2003, the company has overseen the development or tendering of an impressive 129,000 units. Emlak Konut has twice broadened its reach through highly successful public offerings. Its 2010 IPO was recognized as one of the top five in the history of the Turkish Republic, while its 2013 offering stood as the largest real estate IPO in Europe over the preceding five years. Bolstered by these public investments, Emlak Konut is now a dominant force in Turkey's corporate landscape, boasting a paid-in capital of TRY 3.8 billion and total assets valued at TRY 24.8 billion. Driven by a human-centric philosophy and unwavering momentum, Emlak Konut continues to forge ahead. It is steadfastly progressing towards its objective of becoming a globally renowned player, a source of national pride for Turkey.

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