Istanbul — The ceremonial bell rang at Borsa Istanbul to mark the start of trading for Luxera Gayrimenkul Yatırım Ortaklığı (Luxera REIT) following the completion of its initial public offering (IPO).
The company’s shares began trading on the exchange’s Main Market on March 10, 2026, under the ticker “LXGYO.” The listing followed a successful book-building process held between March 2 and March 4, led by Tera Yatırım.
Luxera REIT, known for developing real-estate projects in prime locations in Istanbul, entered the capital markets after strong investor interest in its offering. The IPO price was set at 12.05 Turkish lira per share, with approximately 120 million shares offered to investors, giving the offering an estimated size of about 1.4 billion lira.
Under the allocation plan, a significant portion of shares was reserved for domestic individual investors, while institutional investors in Türkiye and abroad also participated in the offering.
The proceeds from the IPO are expected to support the financing of the company’s ongoing and planned real-estate projects and strengthen its growth strategy in the property sector.
The bell-ringing ceremony at Borsa Istanbul symbolized Luxera REIT’s official entry into public markets, marking a new phase in the company’s expansion and its engagement with capital market
Source: Patronlar Dünyası/ Prepared by: İlayda Gök