Professional
Added to YB: 2025-02-03
Pitch date: 2025-02-02
RYGYO.IS [bullish]
Reysas Gayrimenkul Yatirim Ortakligi A.S.
+36.56%
current return
Author Info
Bilbel Capital is a closed family investment fund, founded in February 2022. Since its inception, the fund's returns have exceeded 700%. Sign up for the newsletter.
Company Info
Reysas Gayrimenkul Yatirim Ortakligi A.S. is a privately owned real estate investment trust. It invests in the real estate markets of Turkey.
Market Cap
TRY 29.2B
Pitch Price
TRY 15.92
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.99
P/E
3.16
EV/Sales
9.09
Sector
Industrial REITs
Category
growth
Bilbel Capital Portfolio Holding: Reysas GYO
RYGYO.IS: Turkish warehouse REIT buys cheap land, builds & rents warehouses, 3-4yr payback. High ROI due to founder ownership, market intel, cash for opportunistic buys, 50% interest rates, Turkey's warehouse shortage. 2026 est: no debt, 5-6x earnings, 8-10% yield. $2-3B property value by 2026. Current mkt cap $900M.
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