Aksoy Petrol REIC
Aksoy Holding established Aksoy Petrol REIC in 3Q-2013 purpose of investing in high potential fuel station sites all around Turkey.
First investment of Aksoy Petrol REIC has been the acquisition of 2 Shell branded fuel stations in high profile districts of Istanbul in 2013.
Second set of acquisitions have been 2 Total branded fuel stations on high profile districts of Eskisehir in 2014. One of the fuel stations will be rebranded as Shell in 2017 and the other one will continue to be operated by Total until 2026.
Aksoy Petrol REIC plans to grow with 5-10 fuel station site acquisitions every year with the intention to sign long term lease agreements with Shell & Turcas Petrol and other major distributors hence creating fixed long term income for Aksoy Holding and synergic growth for its major indirect subsidiary Shell & Turcas Petrol.