Torunlar GYO sets Forum Kayseri price: what it means for Torunlar GYO stock

Published on 10/14/2026 at 07:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Forum Kayseri's final price fell to EUR 131.90 million on October 13, 2026. Torunlar GYO stock keeps capital at TRY 1.00 billion.

Forum Kayseri transaction details

Torunlar GYO set the final Forum Kayseri transfer price at EUR 131.90 million on October 13, 2026.
The first-half 2026 financial statements showed TRY 8.80 billion in net sales and TRY 6.00 billion in net profit.
The September 16, 2026 merger plan keeps paid-in capital at TRY 1.00 billion.

Torunlar GYO, TRETRGY00018, Illustration mit AI erstellt.

Torunlar GYO set the final Forum Kayseri transfer price at EUR 131.90 million, according to KayseriHaber on October 13, 2026. That amount is EUR 326,298.34 below the previously announced EUR 132.23 million, giving investors a concrete measure of the final adjustment.

Three dated portfolio milestones

On June 30, 2026, Torunlar GYO's first-half financial statements showed TRY 8.80 billion in net sales and TRY 6.00 billion in net profit, according to FVT. The same report listed TRY 6.20 billion in FAVOK and TRY 154.60 billion in equity, placing the property portfolio in a balance-sheet-heavy context.

On September 16, 2026, the board approved a simplified merger of the wholly owned Forum Mersin and Forum Kayseri subsidiaries, as Investing.com reported. The transaction uses June 30, 2026 financial statements and leaves paid-in capital unchanged at TRY 1.00 billion.

On October 13, 2026, the final Forum Kayseri amount was reported at EUR 131.90 million after financial review. The sequence moves from first-half operating figures to a September integration plan and then to a finalized acquisition amount.

What does the price mean?

The final amount gives the market a defined reference for the asset entering Torunlar GYO's wider portfolio. The initial EUR 132.23 million consideration and final EUR 131.90 million amount differ by EUR 326,298.34, a reduction of 0.25 percent calculated against the initial consideration.

Torunlar GYO's official website describes a portfolio value of TRY 201.57 billion, net asset value of TRY 154.60 billion and gross leasable area of 696,000 square meters. Its portfolio spans residential property, shopping centers, offices, hotels and marinas, which helps explain why the Forum Kayseri transaction fits the group's operating model.

Listing and company profile

ConnectSafely identifies Torunlar GYO as a real estate investment trust listed on Borsa Istanbul under ticker TRGYO. The company operates across Turkish residential and commercial real estate, with shopping centers, offices and hotels among its stated portfolio categories.