ISTANBUL – Akfen Real Estate Investment Trust Inc. (Akfen GYO) has been included in the Borsa Istanbul (BIST) Sustainability Index, reflecting its performance in environmental, social and governance (ESG) practices.
According to a statement from the company, Akfen GYO qualified for the index based on criteria covering environmental impact management, social responsibility practices and transparency. The company said it continues to pursue a long-term value creation strategy through sustainability-focused portfolio management and energy-efficient investments.
Akfen GYO’s portfolio includes 19 city hotels in Türkiye and Russia operated by the Accor Group under the Novotel and Ibis brands, the Bodrum Loft tourism investment, student dormitories, office buildings and commercial properties. As of the end of the third quarter of 2025, the total value of the company’s real estate portfolio reached €788 million.
New investments underway in the U.S. and Türkiye
The mixed-use Terminal Kadıköy project developed in Istanbul’s Söğütlüçeşme district entered service as of May 1, 2025. Construction continues on luxury villas in Bodrum Yalıkavak, an apartment-style tourism facility in Milas Kıyıkışlacık, and an “Independent Living and Elderly Care Center” project in the U.S. state of Florida.
The Florida development will be built on a 25.7-acre site, with the first phase comprising an Independent Senior Living Center and the second phase an Elderly Care Center.
Terminal Kadıköy stands out within the portfolio as a project reflecting the company’s sustainability approach. The development revitalized previously idle areas beneath viaducts and integrated them into public use without creating additional construction density. Designed to prioritize public transportation integration and pedestrian access, the project contributes to reduced energy consumption while supporting social interaction. It offers a model of urban transformation that addresses environmental and social sustainability together.
Source: Anadolu Ajansı/ Prepared by: İlayda Gök