AvivaSa has been the first pension company to add real-estate assets that carry a potential of high rental income and value growth in its investment areas for BES participants. With this new application, participants who will include “Flexible Funds” in their portfolio will be investing in a certain amount of real estate assets.

Ak Portföy Real Estate Investment Fund, Turkey’s first real-estate investment fund invested in by AvivaSa Pension Funds, offers investment opportunities on commercial real estates, especially A-class offices with high appreciation potentials, as well as stable and sustainable rental income. The fund focuses on the most attractive segment of the real-estate market which is not very accessible on a personal level. Ak Portföy Real Estate Investment Fund has made its initial investments on Astoria Office Blocks and Pladium Tower, both of which are located in the hearth of İstanbul’s business center.

Fırat Kuruca, CEO of AvivaSa, said that their BES participants have access to the largest investment universe in Turkey, and added: “Our participants now have a chance to add another significant asset type to their pension investments with real estate. As a company of firsts in the market, we are proud to be the first company to offer this opportunity.”

Kuruca also emphasized that investing in real-estate was important for Turkish people: “In Europe and USA, where pension systems are highly developed, real estate has a significant place among pension assets. Moreover, having a low correlation with other asset classes makes real-estate a great portfolio diversification tool.”

Real Estate Investment Fund is integrated in AvivaSa’s “flexible” funds to a certain extent. BES participants who include these funds in their pension plans will benefit from the advantages of the Real Estate Fund.