Ziraat GYO stock receives a 43,898.30-square-meter land transfer

Published on 10/08/2026 at 02:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ziraat GYO stock was last at TRY 18.60 on October 7, 2026, after a 43,898.30-square-meter land transfer. First-half sales reached TRY 2.2 billion.

Ziraat GYO, TREZRGY00023, Illustration mit AI erstellt.

Ziraat GYO (ISIN TREZRGY00023) was last at TRY 18.60 on Borsa Istanbul on October 7, 2026, down 2.16 percent from the prior close of TRY 18.19. The company had received title to a 43,898.30-square-meter land parcel in Istanbul's Arnavutkoy district on October 6, creating a fresh project milestone for Ziraat GYO stock.

Land transfer sets project terms

According to Hibya Haber Agency on October 6, 2026, the title to the parcel in the Yassioren area was transferred to Ziraat GYO as collateral under a revenue-sharing land sale agreement signed on August 28, 2026.

The project economics are defined by a 70 percent share of revenue for Ziraat GYO and 30 percent for the landowners. The land was valued at TRY 1.423 billion, while the planned development is intended for commercial and workplace use, according to ParaBorsa on October 7, 2026.

First-half figures add scale

Ziraat GYO reported TRY 2.2 billion in net sales and TRY 939.3 million in net profit for the first half of 2026. The sales figure and profit provide a current operating comparison for the land project, because the new agreement adds development revenue potential to a business that already generated measurable first-half activity, according to FVT.

The same source lists equity of TRY 93.73 billion and total assets of TRY 115.3 billion for the first-half 2026 period. Net profit of TRY 939.3 million therefore represents a visible earnings base against which investors can assess the scale of future project contributions.

Stock remains below yearly high

ZRGYO traded between TRY 14.70 and TRY 25.73 over the 52 weeks to October 1, 2026. Its TRY 18.60 level on October 7 was 27.7 percent below the 52-week high, while reported volume reached 1,007,841 shares during the session.

The company is listed under ticker ZRGYO and belongs to the BIST Real Estate Investment Trusts index, according to KAP. For investors, the key operating question is whether the 70 percent revenue share can convert the newly secured land into recurring development income.