{"id":2235,"date":"2026-04-29T03:33:31","date_gmt":"2026-04-29T00:33:31","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=2235"},"modified":"2026-04-29T03:34:15","modified_gmt":"2026-04-29T00:34:15","slug":"begyo-2026-03-faaliyet-raporu-analizi-bat-ege-gyo","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/2235","title":{"rendered":"\ud83d\udd35 BEGYO 2026-03 Faaliyet Raporu Analizi | Bat\u0131 Ege GYO"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd35 BEGYO 2026-03 Faaliyet Raporu Analizi | Bat\u0131 Ege GYO\" width=\"858\" height=\"644\" src=\"https:\/\/www.youtube.com\/embed\/x1N_7onh0gA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Bat\u0131 Ege Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 A.\u015e. (BEGYO) 2026 Y\u0131l\u0131 1. \u00c7eyrek Brifing Notu<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu brifing belgesi, Bat\u0131 Ege Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 A.\u015e.&#8217;nin (BEGYO) 1 Ocak 2026 \u2013 31 Mart 2026 d\u00f6nemine ait Y\u00f6netim Kurulu Faaliyet Raporu verilerini sentezlemektedir. 2011 y\u0131l\u0131nda kurulan ve 2023 y\u0131l\u0131nda GYO d\u00f6n\u00fc\u015f\u00fcm\u00fcn\u00fc tamamlayan \u015firket, Denizli merkezli &#8220;Sinpa\u015f Aqua City&#8221; projesiyle b\u00f6lgesel liderli\u011fini s\u00fcrd\u00fcrmektedir.<\/p>\n<p>2026&#8217;n\u0131n ilk \u00e7eyre\u011fi itibar\u0131yla \u015firketin toplam portf\u00f6y de\u011feri <b>5.006.447.000 TL<\/b> olarak ger\u00e7ekle\u015fmi\u015ftir. D\u00f6nem i\u00e7erisinde 41,3 milyon TL has\u0131lat elde edilmi\u015f olmas\u0131na ra\u011fmen, 241,6 milyon TL tutar\u0131ndaki ertelenmi\u015f vergi gideri nedeniyle net d\u00f6nem zarar\u0131 <b>223,5 milyon TL<\/b> olarak kaydedilmi\u015ftir. \u015eirket, operasyonel olarak s\u00fcrd\u00fcr\u00fclebilirlik (ESG) yat\u0131r\u0131mlar\u0131na, enerji verimlili\u011fine ve \u00f6n sat\u0131\u015flara dayal\u0131 yat\u0131r\u0131m stratejisine odaklanmaya devam etmektedir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. \u015eirket Profili ve Stratejik Konumlanma<\/h2>\n<p>Bat\u0131 Ege GYO, gayrimenkul projelerine, haklar\u0131na ve sermaye piyasas\u0131 ara\u00e7lar\u0131na yat\u0131r\u0131m yapmak amac\u0131yla faaliyet g\u00f6stermektedir.<\/p>\n<ul>\n<li><b>Vizyon:<\/b> T\u00fcrkiye ve \u00e7evre pazarlarda gayrimenkul sekt\u00f6r\u00fcnde yat\u0131r\u0131mc\u0131lara g\u00fcven veren uluslararas\u0131 bir marka olmak.<\/li>\n<li><b>Misyon:<\/b> Kaliteli, yenilik\u00e7i ve s\u00fcrd\u00fcr\u00fclebilir projelerle yat\u0131r\u0131mc\u0131 de\u011ferini art\u0131rmak.<\/li>\n<li><b>Temel Proje:<\/b> Denizli&#8217;nin en b\u00fcy\u00fck temal\u0131 konut projesi olan <b>Sinpa\u015f Aqua City Denizli<\/b>, \u015firketin amiral gemisi konumundad\u0131r.<\/li>\n<li><b>Borsa Bilgileri:<\/b> \u015eirket paylar\u0131 8 Aral\u0131k 2023&#8217;ten itibaren BIST Y\u0131ld\u0131z Pazar&#8217;da &#8220;BEGYO&#8221; koduyla i\u015flem g\u00f6rmektedir.<\/li>\n<\/ul>\n<h3>Operasyonel Kapasite \u00d6zeti<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Parametre<\/td>\n<td>De\u011fer<\/td>\n<\/tr>\n<tr>\n<td>Tamamlanm\u0131\u015f Konut Say\u0131s\u0131<\/td>\n<td>1193<\/td>\n<\/tr>\n<tr>\n<td>Br\u00fct Kiralanabilir Alan<\/td>\n<td>25.038,66 m\u00b2<\/td>\n<\/tr>\n<tr>\n<td>Toplam Arsa Alan\u0131<\/td>\n<td>119.332 m\u00b2<\/td>\n<\/tr>\n<tr>\n<td>Portf\u00f6y De\u011feri<\/td>\n<td>5.006.447.000 \u20ba<\/td>\n<\/tr>\n<tr>\n<td>Toplam \u0130stihdam<\/td>\n<td>13 Ki\u015fi<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Finansal Analiz ve Performans<\/h2>\n<p>2026 y\u0131l\u0131n\u0131n ilk \u00fc\u00e7 ayl\u0131k d\u00f6nemi, operasyonel k\u00e2rl\u0131l\u0131\u011f\u0131n devam etti\u011fi ancak vergi d\u00fczenlemelerinin net k\u00e2ra bask\u0131 yapt\u0131\u011f\u0131 bir d\u00f6nem olmu\u015ftur.<\/p>\n<h3>2.1. Kar veya Zarar Tablosu \u00d6zeti (01.01.2026 &#8211; 31.03.2026)<\/h3>\n<ul>\n<li><b>Has\u0131lat:<\/b> 41.295.548 TL (\u00d6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %13,7 art\u0131\u015f).<\/li>\n<li><b>Br\u00fct K\u00e2r:<\/b> 26.678.232 TL.<\/li>\n<li><b>Esas Faaliyet K\u00e2r\u0131:<\/b> 17.733.830 TL.<\/li>\n<li><b>Net D\u00f6nem Zarar\u0131:<\/b> -223.530.864 TL.\n<ul>\n<li><i>Not:<\/i> Bu zarar\u0131n temel nedeni, 241.637.084 TL tutar\u0131ndaki &#8220;Ertelenmi\u015f Vergi Gideri&#8221;dir. Vergi \u00f6ncesi k\u00e2r 18,1 milyon TL seviyesindedir.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3>2.2. Finansal Durum (Bilan\u00e7o)<\/h3>\n<ul>\n<li><b>Toplam Varl\u0131klar:<\/b> 5.603.145.707 TL.<\/li>\n<li><b>\u00d6zkaynaklar:<\/b> 5.500.889.819 TL.<\/li>\n<li><b>\u00d6denmi\u015f Sermaye:<\/b> 815.000.000 TL.<\/li>\n<li><b>Yat\u0131r\u0131m Ama\u00e7l\u0131 Gayrimenkuller:<\/b> 5.070.036.169 TL.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Yat\u0131r\u0131m ve Portf\u00f6y Y\u00f6netimi<\/h2>\n<p>\u015eirketin yat\u0131r\u0131m stratejisi, projelerin finansman\u0131n\u0131 b\u00fcy\u00fck \u00f6l\u00e7\u00fcde \u00f6n sat\u0131\u015flar yoluyla sa\u011flamaya ve sermaye verimlili\u011fini art\u0131rmaya dayal\u0131d\u0131r.<\/p>\n<h3>3.1. Proje Geli\u015fmeleri ve Teslimatlar<\/h3>\n<ul>\n<li><b>Aqua City Denizli:<\/b> 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde 1 adet \u00fcnite teslimat\u0131 ger\u00e7ekle\u015fmi\u015f ve 13.765.346 TL tutar\u0131nda faturaland\u0131r\u0131lm\u0131\u015f sat\u0131\u015f yap\u0131lm\u0131\u015ft\u0131r.<\/li>\n<li><b>Kalan Stok:<\/b> Sat\u0131lacak toplam konut alan\u0131 kalan metrekare 7.860,86 m\u00b2&#8217;dir.<\/li>\n<\/ul>\n<h3>3.2. Kira Portf\u00f6y\u00fc (Aqua Mall + Metro)<\/h3>\n<p>Denizli lokasyonundaki ticari alanlardan (25.038,66 m\u00b2) elde edilen kira gelirleri istikrarl\u0131 bir b\u00fcy\u00fcme sergilemektedir:<\/p>\n<ul>\n<li><b>2026 Q1 Kira Geliri:<\/b> 26.014.069 TL.<\/li>\n<li><b>Kar\u015f\u0131la\u015ft\u0131rma:<\/b> 2023 y\u0131l\u0131n\u0131n tamam\u0131nda 40,6 milyon TL olan kira geliri, 2025 y\u0131l\u0131nda 87,9 milyon TL&#8217;ye y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<h3>3.3. Ekspertiz De\u011ferleri (29.12.2025 Tarihli Raporlar)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Ta\u015f\u0131nmaz<\/td>\n<td>De\u011ferleme \u015eirketi<\/td>\n<td>Ekspertiz De\u011feri (KDV Hari\u00e7)<\/td>\n<\/tr>\n<tr>\n<td>Aqua City (69 Ba\u011f\u0131ms\u0131z B\u00f6l\u00fcm)<\/td>\n<td>Focus Global<\/td>\n<td>393.086.000 \u20ba<\/td>\n<\/tr>\n<tr>\n<td>Denizli Arsa ve Araziler<\/td>\n<td>Focus Global<\/td>\n<td>2.586.837.000 \u20ba<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. S\u00fcrd\u00fcr\u00fclebilirlik ve ESG \u00c7al\u0131\u015fmalar\u0131<\/h2>\n<p>BEGYO, 2026&#8217;n\u0131n ilk \u00e7eyre\u011finde \u00e7evresel ve sosyal sorumluluk alan\u0131nda somut ad\u0131mlar atm\u0131\u015ft\u0131r.<\/p>\n<ul>\n<li><b>Enerji Y\u00f6netimi:<\/b> 2026 Q1 toplam enerji t\u00fcketimi, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re <b>%20 azalarak<\/b> 148,22 MWh olmu\u015ftur.<\/li>\n<li><b>G\u00fcne\u015f Enerjisi (GES):<\/b> GES \u00fcretimi 23,87 MWh olarak ger\u00e7ekle\u015fmi\u015ftir. Yenilenebilir enerjinin toplam t\u00fcketimdeki pay\u0131 %16,1&#8217;e y\u00fckselmi\u015ftir (Mart ay\u0131nda bu oran %24,22&#8217;ye ula\u015fm\u0131\u015ft\u0131r).<\/li>\n<li><b>S\u00fcrd\u00fcr\u00fclebilir Ula\u015f\u0131m:<\/b> 09.02.2026 tarihinde Aydem Enerji (Otowatt) ile yap\u0131lan anla\u015fma kapsam\u0131nda, AVM b\u00fcnyesindeki elektrikli ara\u00e7 \u015farj istasyonu say\u0131s\u0131n\u0131n 12&#8217;den 14&#8217;e \u00e7\u0131kar\u0131lmas\u0131 planlanmaktad\u0131r.<\/li>\n<li><b>At\u0131k Y\u00f6netimi:<\/b> 28.02.2026 itibar\u0131yla mobil at\u0131k merkezi devreye al\u0131narak geri d\u00f6n\u00fc\u015f\u00fcm s\u00fcre\u00e7leri optimize edilmi\u015ftir.<\/li>\n<li><b>Sosyal Sorumluluk:<\/b> 8 Mart D\u00fcnya Kad\u0131nlar G\u00fcn\u00fc etkinlikleri ve Aile ve Sosyal Hizmetler Bakanl\u0131\u011f\u0131 i\u015f birli\u011fiyle &#8220;Kad\u0131n\u0131n G\u00fc\u00e7lenmesi&#8221; e\u011fitimleri d\u00fczenlenmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. Kurumsal Y\u00f6neti\u015fim ve Kar Da\u011f\u0131t\u0131m Politikas\u0131<\/h2>\n<h3>5.1. Y\u00f6netim Yap\u0131s\u0131<\/h3>\n<p>Y\u00f6netim Kurulu, 3&#8217;\u00fc ba\u011f\u0131ms\u0131z olmak \u00fczere toplam 8 \u00fcyeden olu\u015fmaktad\u0131r.<\/p>\n<ul>\n<li><b>Ba\u015fkan:<\/b> Dr. Avni \u00c7elik.<\/li>\n<li><b>Ba\u015fkan Vekilleri:<\/b> Ahmet \u00c7elik ve Derya Baltal\u0131.<\/li>\n<li><b>Komiteler:<\/b> Denetim, Kurumsal Y\u00f6netim, Riskin Erken Saptanmas\u0131 ve S\u00fcrd\u00fcr\u00fclebilirlik komiteleri aktif olarak faaliyet g\u00f6stermektedir.<\/li>\n<\/ul>\n<h3>5.2. Kar Da\u011f\u0131t\u0131m Esaslar\u0131<\/h3>\n<p>\u015eirket, vergi istisnas\u0131ndan faydalanabilmek amac\u0131yla ta\u015f\u0131nmaz kazan\u00e7lar\u0131n\u0131n <b>en az %50&#8217;sini<\/b> nakit k\u00e2r pay\u0131 olarak da\u011f\u0131tmay\u0131 hedeflemektedir. 25 Eyl\u00fcl 2025 tarihli Genel Kurul&#8217;da, 2024 y\u0131l\u0131 k\u00e2r\u0131ndan 70.000.000 TL&#8217;nin 4 taksitte da\u011f\u0131t\u0131lmas\u0131 kararla\u015ft\u0131r\u0131lm\u0131\u015ft\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. Ekonomik Veriler ve Sekt\u00f6rel G\u00f6r\u00fcn\u00fcm (Mart 2026)<\/h2>\n<p>Rapor, faaliyet g\u00f6sterilen ekonomik \u00e7evreyi de analiz etmektedir:<\/p>\n<ul>\n<li><b>Enflasyon:<\/b> Mart 2026&#8217;da T\u00dcFE ayl\u0131k %3,16 art\u0131\u015f g\u00f6stermi\u015f, y\u0131ll\u0131k enflasyon %68,5 seviyesinde ger\u00e7ekle\u015fmi\u015ftir.<\/li>\n<li><b>Konut Sat\u0131\u015flar\u0131:<\/b> T\u00fcrkiye genelinde Mart ay\u0131nda toplam 113.367 konut sat\u0131lm\u0131\u015ft\u0131r. \u0130potekli sat\u0131\u015flar ge\u00e7en y\u0131la g\u00f6re %35,9 artarken, yabanc\u0131lara yap\u0131lan sat\u0131\u015flar %20 azalm\u0131\u015ft\u0131r.<\/li>\n<li><b>BEGYO Hisse Performans\u0131:<\/b> 27.04.2026 tarihi itibar\u0131yla piyasa de\u011feri <b>3.675.650.000 TL<\/b>&#8216;dir. Piyasa De\u011feri \/ Defter De\u011feri (PD\/DD) oran\u0131 0,71 olarak kaydedilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>7. \u00d6nemli Beyanlar ve Risk Y\u00f6netimi<\/h2>\n<ul>\n<li><b>Dava Durumu:<\/b> 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde \u015firket aleyhine a\u00e7\u0131lan, mali durumu etkileyebilecek nitelikte yeni bir dava bulunmamaktad\u0131r.<\/li>\n<li><b>\u0130\u00e7 Kontrol:<\/b> \u015eirket i\u00e7 kontrol sistemi ve i\u00e7 denetim faaliyetleri, Denetim Komitesi g\u00f6zetiminde y\u0131ll\u0131k planlar \u00e7er\u00e7evesinde y\u00fcr\u00fct\u00fclmektedir.<\/li>\n<li><b>Etik Kurallar:<\/b> Pay sahipleri, \u00e7al\u0131\u015fanlar ve payda\u015flarla ili\u015fkilerde \u015feffafl\u0131k, d\u00fcr\u00fcstl\u00fck ve gizlilik prensipleri &#8220;Etik Kurallar&#8221; \u00e7er\u00e7evesinde g\u00fcvence alt\u0131na al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<button class=\"simplefavorite-button\" data-postid=\"2235\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Bat\u0131 Ege GYO (BEGYO), 2026 y\u0131l\u0131n\u0131n ilk \u00e7eyre\u011finde operasyonel verimlilik ve s\u00fcrd\u00fcr\u00fclebilirlik odakl\u0131 b\u00fcy\u00fcmesini s\u00fcrd\u00fcr\u00fcyor. Toplam portf\u00f6y de\u011ferini 5 milyar TL&#8217;nin \u00fczerine ta\u015f\u0131yan \u015firket, \u00f6zellikle enerji tasarrufu ve yenilenebilir enerji kullan\u0131m\u0131nda dikkat \u00e7ekici ba\u015far\u0131lara imza att\u0131. Aqua Mall ve konut projelerinden gelen g\u00fc\u00e7l\u00fc kira geliri ak\u0131\u015f\u0131yla mali yap\u0131s\u0131n\u0131 destekleyen Bat\u0131 Ege GYO, dijital su y\u00f6netimi ve at\u0131k geri d\u00f6n\u00fc\u015f\u00fcm projeleriyle de &#8220;Ye\u015fil GYO&#8221; vizyonunu peki\u015ftiriyor. Finansal tablolar\u0131n detaylar\u0131, s\u00fcrd\u00fcr\u00fclebilirlik hedefleri ve gelecek vizyonu bu analizimizde.<\/p>\n","protected":false},"author":3,"featured_media":1297,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[63],"class_list":["post-2235","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-faaliyetraporuanalizi","tag-begyo"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=2235"}],"version-history":[{"count":1,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2235\/revisions"}],"predecessor-version":[{"id":2236,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/2235\/revisions\/2236"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/1297"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=2235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=2235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=2235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}