“A high-standard office building in the finance center of İstanbul…”
Located in Maslak, Sarıyer, on the European side of İstanbul, D-Ofis Maslak is located on Büyükdere Boulevard, a central business area of the city, where many other office buildings exist.
Located in Maslak, D-Ofis is a valuable office building, given its prestigious location, boasting offices, the key shopping centers of the city, and luxury houses and residential buildings.
D-Ofis Maslak, completed as of 2018, was constructed on land of 4,725 m2 , and the D-Ofis Maslak building is an office building with a rentable area of 40,437 m2 in total, composed of 8 Basements + Ground Floors + Mezzanines + 20 Regular Floors + Roof and Heliport.
The value of the building, with a share of 28.14% in the Company's active investment real estate portfolio, is TL 5.459.120,000 according to the appraisal report issued by TSKB Gayrimenkul Değerleme A.Ş. on December 29, 2025.
The real estate D-Ofis Maslak was sold to Kuveyt Türk Katılım Bankası A.Ş. on 22.01.2020 for a price of Euro 40,000,000 through the Sell and Leaseback model on the condition of being repurchased at the end of the agreement to pay off a certain portion of the Company’s existing credit debts and decrease financial expenses. Accordingly, a Financial Leasing Agreement has been signed between the Company and Kuveyt Türk Katılım Bankası A.Ş.
Since real estate will be re-included in the portfolio within 1 to 10 years following the completion of the sale, this transaction should be considered a financial one and not the sale of a tangible asset.
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