BIST Gayrimenkul YO Endeksi

The BIST Real Estate Investment Trusts index is a sector index calculated under the code XGMYO that brings together the REITs (known in Turkish as GYO) traded on Borsa Istanbul in a single gauge. These companies manage portfolios of properties such as housing, offices, shopping malls, logistics warehouses or hotels, along with real estate-based projects; rental income and project sales form the basis of their activities. The index sits under the Financials main sector.

According to Borsa Istanbul data, XGMYO is a capitalization-weighted price index, calculated in Turkish lira and tracked in points. Trusts with a high free-float value carry more weight in the index.

Those assessing REIT shares generally follow portfolio valuation reports, the gap between net asset value and the stock market valuation, the sustainability of rental income, housing sales data and financing costs. On the REIT index page, Lzzo.com presents the index's points history in an interactive chart and brings together a technical indicator section and the option to compare it with individual REIT stocks.