Adding value to the project areas with the innovations brought to the real estate industry, Sinpaş offers a unique concept to the tourism industry with Kızılbük Real Estate Investment Trust (REIT) Corporation to operate in the tourism and time share industries by blending the specialty in housing and commercial real estate.
Backed by the real estate development experience and power of Sinpaş which amount to half a century, Kızılbük REIT lays the foundation of a brand chain in Turkey and the whole world where Thermal, Time Share, Hotel and Thermal SPA come together as a niche market.
Having an active growth of 3,2bn TRY, Kızılbük Thermal Wellness Resort is the first project by Kızılbük REIT Corporation which is intended for both domestic and foreign markets and defined according to international standards.
2021
Served areaTürkiye
HeadquartersSinpaş Plaza Barbaros Bulvarı Yenidoğan Sok. No: 36/1, 34349 Beşiktaş - İstanbul – Türkiye
300,000,000
IPOJan. 1, 2000
Stock exchange(s)Borsa Istanbul
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