In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:
“Distinguished Guests,
Today, I welcome you all to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of Z Gayrimenkul Yatırım Ortaklığı (Real Estate Investment Trust - REIT) at Borsa İstanbul.
The transition of our valued companies, operating in the real estate sector – a key contributor to our national economy – into Real Estate Investment Trusts (REITs) and their subsequent listing on our Exchange is crucial for the sustainable growth of each of these companies, each of which represents a national asset. By starting to be traded on Borsa İstanbul today, Z Real Estate Investment Trust (REIT) will proceed with a strengthened financial structure, underpinned by institutionalization, transparency, and a sense of responsibility. Thus, by completing its ongoing investments and developing new projects, it will continue to grow and generate value, empowered by the confidence and investment of its new stakeholders.
On this occasion, I would like to thank everyone who contributed to this IPO. I hope this IPO will be auspicious to our capital markets, and I welcome Z Gayrimenkul Yatırım Ortaklığı to Borsa İstanbul family.”
