Since 1974, Sinpaş Group has been leading the housing sector for 43 years. The leader brand of qualified, branded residence in Turkey continues to grow by gaining the trust of the house buyer every year.
The Sinpaş Group's investments in the real estate sector are not limited to Istanbul but extend to Ankara, Bursa, Denizli, Gaziantep, Marmaris, Frankfurt (Germany) and Riyadh (Saudi Arabia). Sinpaş Gayrimenkul Yatırım Ortaklığı A.Ş., which was established in 2007 and offered to the public in Stock Exchange Istanbul. shares are still traded on the stock exchange. On the other hand, Sinpaş Yapı has grown by developing real estate properties in its portfolio and real estate properties in the areas of interest of Sinpaş REIC.
Two companies in the group, Sinpaş; two separate organizational schemes, two separate brand strategies, two separate overheads, and two separate investment budgets. In order to provide a more efficient advertising, marketing and sales environment with less general overhead in the developing and changing world, the two companies with the Sinpaş brand have decided to merge their forces by aiming to be in the stock market with a larger equity.
Mr. Sinpaş Holding Deputy Chairman Ahmet Celik stated in his statement that "Sinpaş Gayrimenkul Yatırım Ortaklığı A.Ş. and Sinpaş Yapı Endüstrisi A.Ş. to Sinpaş REIC within the scope of the merger. We are also aiming for profitable partners who have invested in our stock exchange after this investment. I wish the union of this union to be a team, a shareholder, a favor to my country. "
Sinpaş, who is proud of being one of the leading companies contributing to the development and prestige of the real estate sector,will continue to produce projects that will add value to Turkey with its new structuring.