CreditMarket data 2026-09-04

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Fuzul Gayri̇menkul Yatirim Ortakliği A.Ş.#

Fund User detail page — this entity is the credit-bearing borrower behind 1 sukuk across 1 SPV. See CONVENTIONS §14 on the SPV vs Fund User distinction.

Outstanding Sukuk
1
all ISINs where this entity is Fund User
Total Raised
₺1.00B
nominal across all SPVs
SPVs Used
1
Varlık Kiralama vehicle
Sector
Real Estate
classification from KAP entity name
Refi Risk (12m)
1.00×
moderate · ₺1.00B maturing vs ₺1.00B issued
Latest Captured Rating (Fund User)
A- (tr)
Investment Grade · :JCR AVRASYA DERECELENDİRME A.Ş · 2026-03-12 · validity unverified

Rating Decision History#

Latest decision-grain evidence for this borrower hierarchy. Status and raw agency notation remain source-specific. Open all 4 matching decisions.

Latest rating decisions matching FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.
Decision dateBorrowerRoleAgencyRaw agency notationScaleAction / outlookStatusEvidence
2026-03-12FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.Fund UserJCRUzun Vadeli Ulusal Kurum Kredi Rating Notu : A- (tr)Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2025-03-12FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.Fund UserJCRUzun Vadeli Ulusal Kurum Kredi Rating Notu : A- (tr)Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2024-03-12FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.Fund UserJCRUzun Vadeli Ulusal Kurum Kredi Rating Notu : A -(tr)Türkiye NationalKAP issuance observationKAP observation; not currentKAP issuance
2024-03-12FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.Fund UserJCRA- (tr)International · Türkiye NationalDurağanLatest; validity unverifiedDirect archive

Credit Curve vs Treasury & Sector Peers#

Each diamond is a sukuk where this entity is the Fund User; the dashed grey line is today's TRY Treasury curve. Distance above Treasury = all-in credit spread. The dotted orange line is the median yield of Real Estate-sector sukuk; diamonds above it = this Fund User trading wide vs peers.

Credit Curve — FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş. sukuk vs Treasury, 2026-08-18. Axes: Maturity · Yield (%).

Yield History — Last 4 Months#

How this Fund User's sukuk have re-marked over the past 4 months. Use this with the credit-curve snapshot above to answer: is the entity getting cheaper or richer, and is the move concentrated on specific maturities or whole-curve?

Yield History — FUZUL GAYRİMENKUL YATIRIM ORTAKLIĞI A.Ş.'s sukuk, last 4 months. Axes: Compound yield (%).

All Sukuk — Consolidated Across SPVs#

Data table with 1 rows across 9 columns
ISINSPV (issuer)TypeYield TypeCCYMaturityDTMIssue AmountLast Auction Yld
TRDZKBV92644Zkb Varlık Kiralama A.Ş.Özel Kira Sertifikası / Private Lease Cert.Sabit / FixedTRY2026-09-1713₺1.00B41.00%

SPVs Used for Issuance#

Every Varlık Kiralama vehicle this Fund User has issued through. The credit risk is the same (this entity), but the legal wrapper changes.

Data table with 1 rows across 4 columns
SPV (Varlık Kiralama)IssuancesNotional RaisedLatest Disclosure
ZKB VARLIK KİRALAMA A.Ş.3₺2.30B2026-06-05 09:33

Latest Issuance Disclosures#

Latest 15 sukuk sale-completion filings naming this entity as Fund User, ranked newest first. Public output omits source handles.

Data table with 3 rows across 7 columns
RankDisclosedISINSPVCompound%Tenor (days)Maturity
12026-06-05 09:33TRDZKBV92644ZKB VARLIK KİRALAMA A.Ş.47.37%104.02026-09-17
22026-02-25 09:18TRDZKBV62654ZKB VARLIK KİRALAMA A.Ş.43.55%100.02026-06-05
32024-11-14 09:25TRDZKBV22526ZKB VARLIK KİRALAMA A.Ş.58.11%106.02025-02-28