Aksoy Bodrum REIC
Aksoy Holding established Aksoy Bodrum REIC in 1Q-2013 as a 25% owned subsidiary for the purpose of investing in high potential residential and tourism real estate /development assets in Bodrum, Turkey.
First investment of Aksoy Bodrum REIC has been the acquisition of 12.6 hectare peninsula in the Tilkicik Bay of Yalikavak region of Bodrum.
Aksoy Bodrum REIC is developing a world-class ultra luxury residential complex called Epique Island. The project will consist 75 private villas, a 150 yatch marina and a boutique hotel with 50 suites designed by a renowed international architectural group, SAOTA of South Africa. As of March 2016 Aksoy Holding became majority shareholders (51%) of the company. Construction has started in March 2015 and the project was launched in August 2015. The sales kicked off March 2016 and the projected delivery of villas in 2018.