SETUR MARINAS

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

SETUR MARINAS

Setur Marinas provides world-class services to yachters at 11 marinas.

Setur Marinas provides world-class services to yachters at its 11 marinas in Kalamış and Fenerbahçe, Yalova, Ayvalık, Çeşme, Kuşadası, Gökova Ören, Marmaris, Finike, Kaş, Antalya and Midilli. Setur Marinas has 6,058 berths, of which 5,801 are in Turkey and 257 are abroad. It leads the Turkish marina sector with a 24% market share and had a 89% occupancy rate in 2015.

Setur Marinas provides yachters many services including accommodation on land and sea, travel lifts, hull cleaning, and utilities. The Company also provides services such as restaurants, shops, fuel oil and technical maintenance through its tenants.

Tek-Art A.Ş., a subsidiary of Setur Marinas, won the privatization tender for the Kalamış and Fenerbahçe Marina in May 2014, submitting the highest bid of USD 664 million. However, since the court dismissed a motion for stay of execution with regard to the development plan, Tek-Art A.Ş. has withdrawn from the tender and the tender process is still ongoing.

Outlook, targets and strategies for 2016

Setur Marinas maintains domestic market leadership by expanding its market share in Turkey and abroad and targets to become an international brand. Therefore, the Company explores opportunities regarding marina acquisitions both domestically and internationally.