Emlak Konut stock reports a TRY 17.013 billion project share

Emlak Konut stock reports a TRY 17.013 billion company share from the Hasdal 2nd Stage tender, giving investors a fresh measure of the developer's project pipeline. As Investing.com reported on September 24, 2026, the tender's highest total sales revenue was TRY 42.533 billion, with Emlak Konut's share set at 40.00 percent.

Hasdal tender sets a large pipeline marker

The Hasdal figure is a quantified comparison between the full project revenue and the company's contracted share: TRY 17.013 billion represents 40.00 percent of TRY 42.533 billion. The tender process was still subject to final evaluation in the reported announcement, so the value measures the highest offer and the stated company share rather than booked revenue.

The project adds scale to Emlak Konut's development model, which links land projects to revenue-sharing arrangements. That structure also helps explain why a large headline figure does not automatically equal current-period revenue or cash received.

Bursa land deal changes the cash reading

A separate Bursa disclosure involved a 100,000-square-meter parcel in Nilüfer. Herbiremlak reported on September 27, 2026, that Emlak Konut said the title transfer did not involve a TRY 20.0 billion purchase payment and was designed to protect rights under a revenue-sharing protocol.

That distinction is material for investors because the parcel creates development rights rather than a confirmed TRY 20.0 billion cash outflow. Future project economics will depend on the tender terms, sales revenue and the agreed distribution of proceeds.

Subsidiary investment adds a second milestone

On September 22, 2026, Emlak Konut completed a TRY 1.650 billion capital increase in its wholly owned elevator subsidiary. The transaction lifted that subsidiary's capital from TRY 1.150 billion to TRY 2.800 billion while preserving Emlak Konut's 100.00 percent ownership, according to Dunya.

The latest operating data provide a useful counterweight to the project pipeline. Emlak Konut's second-quarter 2026 revenue was TRY 30.71 billion, down 2.10 percent from TRY 31.37 billion a year earlier, while net income fell to TRY 1.01 billion from TRY 7.91 billion, according to FKRadar.

Emlak Konut remains below its yearly high

Emlak Konut trades under EKGYO on the Istanbul Stock Exchange. Its market capitalization was TRY 73.2 billion and its 52-week range was TRY 17.47 to TRY 27.12 as of September 28, 2026, while the next earnings date was listed as November 11, 2026.