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JCR EURASIA RATING HAS CONFIRMED VARYAP’S RATING AS STABLE

JCR EURASIA RATING HAS CONFIRMED VARYAP’S RATING AS STABLE
JCR Eurasia Rating has confirmed Varyap’s credit rating as ‘BBB- (Trk)’ on the Long Term National Scale along with a ‘Stable’ outlook for the consolidated structure of the company. The Long Term International Foreign Currency and Long Term International Local Currency ratings have been affirmed as “BB+”. Other notes and details of the ratings are given in the table below:

Long Term International Foreign Currency: BB+ / (Stable Outlook)
Long Term International Local Currency: BB+ / (Stable Outlook)
Long Term National Local Rating: BBB- (Trk) / (Stable Outlook)
Short Term International Foreign Currency : B / (Stable Outlook)
Short Term International Local Corrency : B / (Stable Outlook)
Short Term National Local Rating : A-3 (Trk) / (Stable Outlook)
Sponsor Support: 2
Stand Alone: BC

VARYAP HAS ATTENDED REAL ESTATE 2013 FAIR

VARYAP HAS ATTENDED REAL ESTATE 2013 FAIR
Varyap has attended Real Estate 2013 Fair at CNR Expo İstanbul between 5-8 December 2013 with 3 projects: Varyap Meridian, Varyap Plaza Pendik and a Varyap-Gap İnsaat Joint Venture Project Metropol İstanbul.

VARYAP MERIDIAN HAS BEEN AWARDED AGAIN!

VARYAP MERIDIAN HAS BEEN AWARDED AGAIN!
Varyap Meridian has been awarded Best Mixed-Use Real Estate Project at ArkiPARC’13 Awards which took place at Halic Convention Center on 10-11th April 2013. Varyap Depurty Director General M. Cengiz Aydin (PhD) received the award on behalf of Varyap.

METROPOL İSTANBUL

METROPOL İSTANBUL
Active in energy, paper, packaging, retail, ciment, textile and tourism industries and representing global brands such as Burberry and Lacoste, Eren Holding Company has decided to move their Management offices into the Metropol Istanbul Project which is the biggest private real-estate Project of the Istanbul International Finance Center. With total assets of 3.2 billion dollar and a workforce of 5000 employees, Eren Holding will be relocating its headquarters from Yenibosna to their newly acquired 30.000 sqm office building within Metropol Istanbul in 2015.
- 11 October 2013