Artificial Intelligence
Builders Company
Developers/Alarko Real Estate Investment Company
AR
Alarko Real Estate Investment CompanyIstanbul, Türkiye · founded July in 1996 · 1 active markets
SUBSIDIARY

Alarko GYO develops and holds real estate in Turkey, including hotels, holiday resorts, offices, retail units, factories and land for future projects. Its portfolio serves tourists, tenants, commercial occupiers and investors through development, ownership and rental-income activities across property market.

Years in business
30
founded July in 1996
Employees
20
employees, as reported in a filing · 01.01.2025 - 31.12.2025 · size band 11–50
LinkedIn headcount
11-50
employees, as shown on LinkedIn
Portfolio value
TRY 23.32 billion investment properties
31 December 2025
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Alarko Gayrimenkul Yatırım Ortaklığı Anonim Şirketi1
Headquarters
Muallim Naci Cad. No:691, Istanbul1, Türkiye
Founded
July in 19961
Entity type
SUBSIDIARY1
Business model
commercial1, other1
Markets
1 market listed
What they build
no project types recorded
Full dossier in About →

Delivery record

0 date-assessed of 0 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.
Projects and timelines in Track Record →

Awards & recognition

  • MILESTONE Historical achievement; year not stated on the retrieved page
    First real-estate investment company listed on Borsa Istanbul
    Alarko GYO is documented as the first real-estate investment company in Turkey to be listed on the stock exchange.
All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Financial year ended December 31, 2025; reported in the 2025 annual report presented for the April 28, 2026 general meeting. Alarko GYO reported a TL 2,032,343,878 consolidated net loss for 2025; its audited report also recorded a net TL 2,528,884,275 decrease in the fair value of investment properties during the year, although management stated that the company remained able to meet its debts and continue operations.
  • DELIVERY DELAY Status during 2025; disclosed in the annual report presented April 28, 2026. The company's 2025 annual report said construction of the 785-bed Bodrum Hillside Hotel was still continuing in 2025 and that the project's completion period had been extended because of working conditions in the tourism region, while describing completion as a future commitment rather than an achieved result.
  • DELIVERY DELAY Nisan 2023 planlanan tamamlanma: Kasım 2024; 2025 faaliyet raporu yayımlandı: 28 Nisan 2026; devam eden iş bildirimi: 24 Eylül 2026. Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.’nin Bodrum Hillside Otel Projesi için Nisan 2023 tarihli paydaş planında Kasım 2024 tamamlanma hedefi verildi; Alarko GYO’nun 2025 faaliyet raporu tamamlanma süresinin uzadığını ve 2025’te çalışmaların sürdüğünü bildiriyor, ayrıca 24 Eylül 2026 tarihli KAP açıklamasında proje çalışmalarının hâlen devam ettiği belirtiliyor—bu nedenle proje hedef tarihe göre overdue/stalled durumundadır, ancak iptal edildiğine dair kanıt yoktur.
Record status
active
Company sources
76 source entries across 76 fields
Projects tracked
0 · 0 completed in assessment
All flags and sources →

Track Record

Delivery record

0 date-assessed of 0 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
0
within the rolling ten-year window
Median delay
—
the middle of no scored projects
Average delay
—
the same projects, pulled by the worst
Average time to deliver
—
no delivered projects with a dated start — needs 3
Worst slip
—
0
early or less than 6 months late
6 to 12 months late
0
yellow rows below
Over 12 months late
0
red rows below

Against other developers

Not enough info yet.

Construction start to handover

0 of 0 projects dated · 0 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
No dated projects to plot.
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

About

Company dossier

Legal name
Alarko Gayrimenkul Yatırım Ortaklığı Anonim Şirketi
Headquarters
Muallim Naci Cad. No:69, Istanbul, Türkiye
Ortaköy · 34347
Founded
July in 1996
Istanbul, TR
Entity type
SUBSIDIARY
Revenue
TRY 554.62 million annual net sales revenue
2025
Business model
commercial, other

Partners

4 partners
Alarko Holding A.Ş.
partner

The 2025 report identifies Alarko Holding as the controlling company and a 16.42% shareholder.

Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş.
partner

The 2025 report identifies Alsim Alarko as a 34.78% shareholder in the company.

Attaş Alarko Turistik Tesisler A.Ş.
operator

Attaş Alarko is identified as the main operator of the Fethiye Hillside Beach Club resort under an operating agreement.

Turner International / Turner Construction
contractor

Alarko announced a cooperation with Turner International for design-management and construction-management services for the Hillside Bodrum hotel project.

Sources: name

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Sermayemizin %10’ undan fazlasına sahip olan ortaklarımız; %16,42 hisse ile Alarko Holding A.Ş.
value seen: Alarko Holding A.Ş.
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A7e.pdf

Sources: partner type

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
şirketimiz hakim şirket niteliğindeki Alarko Holding A.Ş.’ nin bağlı şirketidir.
value seen: hakim şirket
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A7e.pdf

Sources: summary

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
şirketimiz hakim şirket niteliğindeki Alarko Holding A.Ş.’ nin bağlı şirketidir.
value seen: Alarko Holding A.Ş.’ nin bağlı şirketidir
value paraphrased from this source
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A7e.pdf

Sources: name

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
%34,78 hisse ile Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş.’ dir.
value seen: Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş.
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A7e.pdf

Sources: partner type

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Sermayemizin %10’ undan fazlasına sahip olan ortaklarımız; %16,42 hisse ile Alarko Holding A.Ş. ve %34,78 hisse ile Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş.’ dir.
value seen: ortaklarımız
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A7e.pdf

Sources: summary

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
%34,78 hisse ile Alsim Alarko Sanayi Tesisleri ve Ticaret A.Ş.’ dir.
value seen: %34,78 hisse
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A7e.pdf

Sources: name

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Fethiye Hillside Beach Club Tatil Köyü ana işletmecisi Attaş Alarko Turistik Tesisler A.Ş.’ dir.
value seen: Attaş Alarko Turistik Tesisler A.Ş.
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%BCe.pdf

Sources: partner type

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Fethiye Hillside Beach Club Tatil Köyü ana işletmecisi Attaş Alarko Turistik Tesisler A.Ş.’ dir.
value seen: ana işletmecisi
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%BCe.pdf

Sources: summary

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Fethiye Hillside Beach Club Tatil Köyü ana işletmecisi Attaş Alarko Turistik Tesisler A.Ş.’ dir.
value seen: Fethiye Hillside Beach Club Tatil Köyü ana işletmecisi
value paraphrased from this source
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%BCe.pdf

Sources: name

COMPANYdate not shown in source

ALARKO – TURNER İŞ BİRLİĞİ

Alarko Holding
Alarko’nun Bodrum’da başlamakta olduğu yeni Hillside otel inşaatı projesinde tasarım yönetimi ve inşaat yönetim hizmetleri konularında Turner International ile iş birliği anlaşması imzalandı.
value seen: Turner International
https://www.alarko.com.tr/basin/alarkodan-haberler/alarko-turner-is-birligi/

Sources: partner type

COMPANYdate not shown in source

ALARKO – TURNER İŞ BİRLİĞİ

Alarko Holding
Alarko’nun Bodrum’da başlamakta olduğu yeni Hillside otel inşaatı projesinde tasarım yönetimi ve inşaat yönetim hizmetleri konularında Turner International ile iş birliği anlaşması imzalandı.
value seen: inşaat yönetim hizmetleri
no listed category matches this wording, so it is shown as the source wrote it
held out of the figures · no listed category matches this wording
value paraphrased from this source
https://www.alarko.com.tr/basin/alarkodan-haberler/alarko-turner-is-birligi/

Sources: summary

COMPANYdate not shown in source

ALARKO – TURNER İŞ BİRLİĞİ

Alarko Holding
Alarko’nun Bodrum’da başlamakta olduğu yeni Hillside otel inşaatı projesinde tasarım yönetimi ve inşaat yönetim hizmetleri konularında Turner International ile iş birliği anlaşması imzalandı.
value seen: tasarım yönetimi ve inşaat yönetim hizmetleri
https://www.alarko.com.tr/basin/alarkodan-haberler/alarko-turner-is-birligi/

Registrations & licences

COMPANY NUMBER4096
İstanbul Trade Registry Gazette / İstanbul Trade Registry Directorate · TR · Active operating company; the 1996 name registration is recorded in the 2025 audited report
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Türkiyeactive 0 projects tracked

What they build

no project types recorded
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
MA
Mehmet Ahkemoğlu
Ahkemoğlu chairs Alarko GYO and is also Alarko Group’s Group President of Auditing. His career spans Turkey’s Ministry of Finance and senior Alarko finance and governance roles; he has served on boards of several Alarko group companies.
Current title
Chairman of the Board of Directors
since 14.05.2024
Experience
no career length stated
Companies before
Ministry of Finance, Turkey
Education
Ankara University, Faculty of Political Sciences, School of Economics
University of IllinoisMaster’s Degree in International Accounting and Auditing
Other boards
Board member of various Alarko Group companies
Known for
ChairAlarko Group financeMinistry of FinanceInternational accounting MScListed-co board

Sources: education

COMPANYdate not shown in source

Mehmet Ahkemoğlu | Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
graduated from Ankara University, Faculty of Political Sciences, School of Economics in 1986.
value seen: Ankara University, Faculty of Political Sciences, School of Economics in 1986
value paraphrased from this source
https://www.alarkogyo.com.tr/en/corporate/organization-structure/mehmet-ahkemoglu/

Sources: previous companies

COMPANYdate not shown in source

Mehmet Ahkemoğlu | Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
In 1986, Ahkemoğlu started working at the Ministry of Finance as Assistant Tax Inspector
value seen: Ministry of Finance
value paraphrased from this source
https://www.alarkogyo.com.tr/en/corporate/organization-structure/mehmet-ahkemoglu/

Sources: since

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Mehmet Ahkemoğlu Chairman 14.05.2024 14.05.2027
value seen: 14.05.2024
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf

Sources: summary

COMPANYdate not shown in source

Mehmet Ahkemoğlu | Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
He is the Group President of Auditing of the Alarko Group of Companies.
value seen: He is the Group President of Auditing of the Alarko Group of Companies.
value paraphrased from this source
https://www.alarkogyo.com.tr/en/corporate/organization-structure/mehmet-ahkemoglu/

Sources: title

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Mehmet Ahkemoğlu Chairman
value seen: Mehmet Ahkemoğlu Chairman
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%AAe.pdf
HH
Harun Hanne Moreno
Moreno is Alarko GYO’s vice chair and a long-serving Alarko executive. He joined the group in 1986, held mid- and senior-management roles across its companies, and was appointed Alarko GYO general manager in 2001; the current 2026 organization structure separately identifies Ayhan Arı as general manager.
Current title
Vice Chairman of the Board of Directors
since 14.04.2024
Experience
no career length stated
Companies before
Alarko Group of Companies
Education
Boğaziçi University, Faculty of EngineeringIndustrial Engineering
Boğaziçi University, Faculty of Administrative Sciences, Social Sciences InstituteMaster’s Degree in Executive Administration
Other boards
none sourced
Known for
Vice chairAlarko since 1986Real-estate leadershipBoğaziçi UniversityMBA

Sources: education

COMPANYdate not shown in source

Harun Hanne Moreno | Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
graduated from the Department of Industrial Engineering, Faculty of Engineering, Boğaziçi University in 1982.
value seen: Boğaziçi University
value paraphrased from this source
https://www.alarkogyo.com.tr/en/corporate/organization-structure/harun-hanne-moreno/

Sources: since

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Harun Hanne Moreno Vice Chairman 14.04.2024 14.05.2027
value seen: 14.04.2024
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf

Sources: summary

COMPANYdate not shown in source

Harun Hanne Moreno | Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
In 1986, he joined Alarko Group of Companies. After working at mid-level and upper management positions at various Alarko Group companies, he was assigned as General Manager of Alarko Gayrimenkul Yatırım Ortaklığı A.Ş. in 2001.
value seen: In 1986, he joined Alarko Group of Companies. After working at mid-level and upper management positions at various Alarko Group companies, he was assigned as General Manager of Alarko Gayrimenkul Yatırım Ortaklığı A.Ş. in 2001.
value paraphrased from this source
https://www.alarkogyo.com.tr/en/corporate/organization-structure/harun-hanne-moreno/

Sources: title

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Harun Hanne Moreno Vice Chairman
value seen: Harun Hanne Moreno Vice Chairman
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf
AA
Ayhan Arı
Arı runs Alarko GYO as general manager, with the appointment effective January 1, 2026. He previously held financial-management roles in Alarko’s Land Development Group and was Deputy General Manager for Financial and Administrative Affairs at Alarko Tourism Group; he also sits on boards of several Alarko group companies.
Current title
General Manager
Experience
no career length stated
Companies before
Alarko Land Development GroupAlarko Tourism Group
Education
Marmara University, Faculty of Economics and Administrative SciencesPublic Finance
Other boards
Board member of several Alarko Group companies
Known for
General ManagerAppointed 2026Alarko since 1996Finance and administrationListed-co board
https://tr.linkedin.com/in/ayhan-ar%C4%B1-17582963
since As of January 1, 2026

Sources: education

COMPANYdate not shown in source

Ayhan Arı | Alarko Holding

Alarko Holding
graduated in 1993 from the Department of Public Finance at the Faculty of Economics and Administrative Sciences, Marmara University.
value seen: Marmara University
value paraphrased from this source
https://www.alarko.com.tr/en/about-us/executive-management/ayhan-ari/

Sources: previous companies

COMPANYdate not shown in source

Ayhan Arı | Alarko Holding

Alarko Holding
at Alarko Tourism Group
value seen: Alarko Tourism Group
value paraphrased from this source
https://www.alarko.com.tr/en/about-us/executive-management/ayhan-ari/

Sources: since

COMPANYdate not shown in source

Ayhan Arı | Alarko Holding

Alarko Holding
As of January 1, 2026, he was appointed General Manager of Alarko Real Estate Investment Trust.
value seen: As of January 1, 2026
https://www.alarko.com.tr/en/about-us/executive-management/ayhan-ari/

Sources: summary

COMPANYdate not shown in source

Ayhan Arı | Alarko Holding

Alarko Holding
From 2006 to 2025, Arı held the position of Deputy General Manager responsible for Financial and Administrative Affairs at Alarko Tourism Group.
value seen: From 2006 to 2025, Arı held the position of Deputy General Manager responsible for Financial and Administrative Affairs at Alarko Tourism Group.
value paraphrased from this source
https://www.alarko.com.tr/en/about-us/executive-management/ayhan-ari/

Sources: title

COMPANYdate not shown in source

Ayhan Arı | Alarko Holding

Alarko Holding
General Manager, ALGYO
value seen: General Manager, ALGYO
https://www.alarko.com.tr/en/about-us/executive-management/ayhan-ari/
ÜN
Ümit Nuri Yıldız
Yıldız is an Alarko GYO board member and CEO of Alarko Holding. He began in public finance, joined Alarko in 1998, later led the group’s strategic roadmap and organizational change, and is a board member of various Alarko companies.
Current title
Member of the Board of Directors
since 14.05.2024
Experience
no career length stated
Companies before
Ministry of Finance, TurkeyTurkish Employment Organization
Education
Ankara University, Faculty of Political SciencesBusiness Administration
University of IllinoisMSc
Other boards
Board member of various Alarko Group companies
Known for
Alarko CEOBoard memberAlarko since 1998Public-sector financeUniversity of Illinois MSc
I would like to be a supporting CEO rather than adopting a top-down approach Alarko Holding https://www.alarko.com.tr/en/press/news/new-ceo-draws-up-the-2030-roadmap-of-alarko-and-has-it-approved-with-5-signatur/

Sources: education

PRESSdate not shown in source

New CEO Draws Up the 2030 Roadmap of Alarko, and Has It Approved with 5 Signatures Completed

Alarko Holding
Having received master's degree from University of Illinois following his education at the Faculty of Political Sciences of Ankara University
value seen: University of Illinois
value paraphrased from this source
https://www.alarko.com.tr/en/press/news/new-ceo-draws-up-the-2030-roadmap-of-alarko-and-has-it-approved-with-5-signatur/

Sources: previous companies

PRESSdate not shown in source

New CEO Draws Up the 2030 Roadmap of Alarko, and Has It Approved with 5 Signatures Completed

Alarko Holding
He is assigned as Assistant General Manager of the Employment Agency in 1997.
value seen: Turkish Employment Organization
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.alarko.com.tr/en/press/news/new-ceo-draws-up-the-2030-roadmap-of-alarko-and-has-it-approved-with-5-signatur/

Sources: quote

PRESSdate not shown in source

New CEO Draws Up the 2030 Roadmap of Alarko, and Has It Approved with 5 Signatures Completed

Alarko Holding
I would like to be a supporting CEO rather than adopting a top-down approach
value seen: I would like to be a supporting CEO rather than adopting a top-down approach
https://www.alarko.com.tr/en/press/news/new-ceo-draws-up-the-2030-roadmap-of-alarko-and-has-it-approved-with-5-signatur/

Sources: since

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Ümit Nuri Yıldız Director 14.05.2024 14.05.2027
value seen: 14.05.2024
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf

Sources: summary

FILING2026-12-31

acting responsibly

Alarko Holding
Ümit N. YILDIZ CEO of Alarko Holding
value seen: Ümit N. YILDIZ CEO of Alarko Holding
value paraphrased from this source
https://www.alarko.com.tr/media/llraroap/alk_frae_2025_uyg_uyg25_tam.pdf

Sources: title

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Ümit Nuri Yıldız Director
value seen: Ümit Nuri Yıldız Director
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf
AS
Alpaslan Serpen
Serpen is an Alarko GYO board member and Alarko Holding’s Chief Strategy Officer. He started in treasury at Pamukbank, joined Alarko in 2005 in feasibility, progressed through investment-planning leadership, and also serves on boards of other Alarko group companies.
Current title
Member of the Board of Directors
since 14.05.2024
Experience
no career length stated
Companies before
Pamukbank
Education
Middle East Technical University, Faculty of EngineeringIndustrial Engineering
Middle East Technical University, Department of Business AdministrationMinor in Finance
Other boards
Board member of various Alarko Group companies
Known for
Chief Strategy OfficerBoard memberMETU Industrial EngineeringFinance minorEx-Pamukbank
https://linkedin.com/in/alpaslan-serpen-06b17a56

Sources: education

COMPANYdate not shown in source

Alpaslan Serpen | Alarko Holding

Alarko Holding
graduated from the Industrial Engineering Department of Engineering Faculty at METU in 1999. He also got his minor degree in Finance at Business Administration Department at METU between 1996 and 1999.
value seen: METU
https://www.alarko.com.tr/en/about-us/executive-management/alpaslan-serpen/

Sources: previous companies

COMPANYdate not shown in source

Alpaslan Serpen | Alarko Holding

Alarko Holding
He started his career in 1999 as a Dealer at the Treasury Fund Management Department of Pamukbank
value seen: Pamukbank
value paraphrased from this source
https://www.alarko.com.tr/en/about-us/executive-management/alpaslan-serpen/

Sources: since

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Alpaslan Serpen Director 14.05.2024 14.05.2027
value seen: 14.05.2024
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf

Sources: summary

COMPANYdate not shown in source

Alpaslan Serpen | Alarko Holding

Alarko Holding
Serpen is appointed as Chief Strategy Officer of Alarko Holding as of 2022 and he is also a member of the Board of various companies within Alarko Group.
value seen: Serpen is appointed as Chief Strategy Officer of Alarko Holding as of 2022
value paraphrased from this source
https://www.alarko.com.tr/en/about-us/executive-management/alpaslan-serpen/

Sources: title

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Alpaslan Serpen Director
value seen: Alpaslan Serpen Director
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf
BB
Bedriye Banu Köker
Köker is an independent Alarko GYO board member with a corporate- and investment-banking background. She worked at ABN AMRO, Standard Ünlü and Ünlü & Co, then became a financial adviser, angel investor and start-up mentor; she has also supported transactions for major family holdings and corporates.
Current title
Independent Member of the Board of Directors
since 14.05.2024
Experience
no career length stated
Companies before
ABN AMRO BankStandard ÜnlüÜnlü & Co
Education
Boğaziçi University, Faculty of Economics and Administrative SciencesBusiness Administration
Texas A&M UniversityMaster’s Degree in Finance
Other boards
Member of Yönetim Kurulunda Kadın Derneği
Known for
Independent directorCorporate financeAngel investorStart-up mentorBoğaziçi University
https://linkedin.com/in/koker-banu

Sources: education

OTHERdate not shown in source

Banu Köker – TRAngels

TRAngels
Texas A&M Üniversitesinde finans alanında yüksek lisans derecesini almıştır.
value seen: Texas A&M University
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.trangels.com/team/banu-koker/

Sources: other boards

OTHERdate not shown in source

Banu Köker – TRAngels

TRAngels
Banu Köker Yönetim Kurulunda Kadın Derneği’nin üyesidir
value seen: Yönetim Kurulunda Kadın Derneği
value paraphrased from this source
https://www.trangels.com/team/banu-koker/

Sources: previous companies

OTHERdate not shown in source

Banu Köker – TRAngels

TRAngels
1998 yılında ABN AMRO Bankasında yönetici adayı olarak işe başlamış ve 2010 yılında Kurumsal Bankacılıktan sorumlu grup başkanı olarak ayrılmıştır.
value seen: ABN AMRO Bank
value paraphrased from this source
https://www.trangels.com/team/banu-koker/

Sources: since

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Bedriye Banu Köker Director (Independent) 14.05.2024 14.05.2027
value seen: 14.05.2024
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf

Sources: summary

OTHERdate not shown in source

Banu Köker – TRAngels

TRAngels
2022 yılı itibariyle Alarko GYO’da bağımsız yönetim kurulu üyesi olarak da görev almaktadır.
value seen: 2022 yılı itibariyle Alarko GYO’da bağımsız yönetim kurulu üyesi olarak da görev almaktadır.
value paraphrased from this source
https://www.trangels.com/team/banu-koker/

Sources: title

FILING2026-04-28

FAALİYET RAPORU 2025

Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.
Bedriye Banu Köker Director (Independent)
value seen: Bedriye Banu Köker Director (Independent)
http://www.alarkogyo.com.tr/media/hlhmhbpd/algyo-2025-faaliyet-raporu-tuerk%C3%A8e.pdf

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

No qualifying completions found in this window.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

0 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

1 found
MILESTONE Historical achievement; year not stated on the retrieved page
First real-estate investment company listed on Borsa Istanbul
Alarko GYO is documented as the first real-estate investment company in Turkey to be listed on the stock exchange.

Risks

Auditor & credit ratings

1 agency
AuditorKPMG Bağımsız Denetim ve Serbest Muhasebeci Mali Müşavirlik A.Ş.
JCR Eurasia RatingAA- (tr) / J1+ (tr) / BB stable outlook · 30 April 2025

Risk flags

3 found
FINANCIAL DISTRESS Financial year ended December 31, 2025; reported in the 2025 annual report presented for the April 28, 2026 general meeting.
Alarko GYO reported a TL 2,032,343,878 consolidated net loss for 2025; its audited report also recorded a net TL 2,528,884,275 decrease in the fair value of investment properties during the year, although management stated that the company remained able to meet its debts and continue operations.
DELIVERY DELAY Status during 2025; disclosed in the annual report presented April 28, 2026.
The company's 2025 annual report said construction of the 785-bed Bodrum Hillside Hotel was still continuing in 2025 and that the project's completion period had been extended because of working conditions in the tourism region, while describing completion as a future commitment rather than an achieved result.
DELIVERY DELAY Nisan 2023 planlanan tamamlanma: Kasım 2024; 2025 faaliyet raporu yayımlandı: 28 Nisan 2026; devam eden iş bildirimi: 24 Eylül 2026.
Alarko Gayrimenkul Yatırım Ortaklığı A.Ş.’nin Bodrum Hillside Otel Projesi için Nisan 2023 tarihli paydaş planında Kasım 2024 tamamlanma hedefi verildi; Alarko GYO’nun 2025 faaliyet raporu tamamlanma süresinin uzadığını ve 2025’te çalışmaların sürdüğünü bildiriyor, ayrıca 24 Eylül 2026 tarihli KAP açıklamasında proje çalışmalarının hâlen devam ettiği belirtiliyor—bu nedenle proje hedef tarihe göre overdue/stalled durumundadır, ancak iptal edildiğine dair kanıt yoktur.

Record status

active
Coverageactive
Tracked sinceOctober 9, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.