Torunlar GYO stock: Torunlar GYO buys two malls. Torunlar GYO stock reflects EUR 349.92 million

Published on 10/22/2026 at 03:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Forum Mersin cost EUR 218.01 million on October 13, 2026. Torunlar GYO stock reflects two mall buys totaling EUR 349.92 million.

Mall portfolio expansion in figures

On October 13, 2026, Torunlar GYO finalized Forum Mersin at EUR 218.01 million and Forum Kayseri at EUR 131.90 million.
In the first six months of 2026, sales revenue rose 35.6 percent year over year and main-shareholder net profit was TRY 4.8 billion.
The company website lists portfolio value at TRY 201.6 billion in its 2026 investor-relations section.

Torunlar GYO, TRETRGY00018, Illustration mit AI erstellt.

Torunlar GYO (ISIN TRETRGY00018) set final prices of EUR 218.01 million for Forum Mersin and EUR 131.90 million for Forum Kayseri on October 13, 2026. Investing.com reported that the company acquired 100 percent of Forum Mersin Gayrimenkul Yatirim A.S. for EUR 218.011060 million, while Forum Kayseri's final price was EUR 131.904579 million.

Two purchases reach EUR 349.92 million

The two final prices total EUR 349.92 million, giving the transaction a clear scale against Torunlar GYO's first-half financial base. Investing.com said the Forum Kayseri price was revised from EUR 132.230877 million after financial due diligence, while the Forum Mersin price was revised from EUR 219.020660 million.

What does the EUR 349.92 million add?

The chronology is straightforward: Torunlar GYO signed the share purchase agreement on January 30, 2026, transferred Forum Mersin on February 2, 2026, and announced the final Forum Mersin and Forum Kayseri prices on October 13, 2026. The assets therefore moved from signed agreements to completed transfers before the final financial review set the purchase values. Investing.com described the February transfer and the October update.

First-half earnings provide the counterweight

For the first six months of 2026, sales revenue increased 35.6 percent from the same period a year earlier, while main-shareholder net profit was TRY 4.8 billion versus TRY 5.7 billion a year earlier, according to USC Markets. The comparison matters because the mall purchases expand the asset base while profit remains below the prior-year first-half figure.

Portfolio value sets the wider scale

Torunlar GYO's website lists portfolio value at TRY 201.6 billion and net asset value at TRY 154.6 billion in its investor-relations section for 2026. The two mall purchases add a defined EUR 349.92 million transaction to that broader property portfolio.