ITG - İş Asset Quasar Istanbul Commercial Real Estate Investment Fund

The Fund aims to lease the office properties in the Quasar Istanbul project to corporate firms in order to generate long-term stable returns by adding the rental income to the buildings capital appreciation.

The Fund announces a reference value on a daily basis. The Fund receives subscription and withdrawal requests twice a year, in June and December. Subscription orders are executed at the end of the relevant period and withdrawal orders are executed at the end of the following period in accordance with the issue document.

The current values of real estate investments are determined twice a year, on June 30 and December 31, by real estate appraisal firms authorized by the Capital Markets Board. The Fund's audit reports are prepared by one of the four major audit and consultancy firms and published on our website. The Fund was established as an open-ended fund for indefinite period. An annual management fee is 1% of the asset under management. It is paid from the fund portfolio.