Istanbul Shopping Centers & Retail Market News
Joınt Venture between AVM Partners and MFI PDF Print E-mail
Wednesday, 12 March 2008 14:42

Local management company, AVM Partners, found by Aydım Yurdum, Dora Sahinturk and Tarkan Ander joined forces with Germany's MFI Management fur Immobilien AG.

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AMDP Turkey-Wide Study Tours PDF Print E-mail
Wednesday, 12 March 2008 14:33

The first step of country-wide "study tours", organized by The Association of Shopping Centers and Retailers (AMDP), was held in Bursa with the attendence of many shopping center executives.

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Contact Info for Operational Shopping Centers in Turkey PDF Print E-mail
Sunday, 09 March 2008 03:01

The following is a list of the shopping centers in Turkey that are in-operation as of now. The list is published by the AMPD (Turkish Council of Shopping Centers & Retailers.) The list contains the address, telephone numbers, fax and websites of these shopping centers. 

Last Updated ( Sunday, 06 April 2008 16:37 )
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Aksigorta Partners with Apollo Real Estate Advisors PDF Print E-mail
Sunday, 09 March 2008 00:03

Aksigorta, a subsidiary of the Sabanci Group has announced today that they had reached an agreement with Apollo European Real Estate Advisors for an investment of 13 million Euros into their Shopping Center project in Merter.

Last Updated ( Sunday, 09 March 2008 00:15 )
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Capacity Shopping Mall Reaches 4 million Visitors PDF Print E-mail
Saturday, 08 March 2008 23:29

Capacity Mall that opened its doors to visitors only a few months ago is now home to many stores that opened their first location in that part of the city. These tenants include well-known restaurants like Midpoint and House Cafe and global brands like Gap and Camper. The center is now the center of attention due to right choices in tenant-mix.

Last Updated ( Saturday, 08 March 2008 23:41 )
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Redevco to Build a New Shopping Center in Manisa PDF Print E-mail
Thursday, 06 March 2008 21:55
Redevco, a Dutch real estate development firm, is preparing to construct a shopping center with an investment of 200 million euro ($304 million) in Manisa, western Turkey.
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April 2007 Fact Sheet on Shopping Centers in Turkey PDF Print E-mail
Friday, 29 February 2008 23:00

This is a fact sheet about the shopping centers in Turkey written by the Consulate Generale in Istanbul, Turkey. This reasearch is dated April 2007. The info here may not be up-to-date

FACT – SHEET on SHOPPING CENTERS in Turkey

Executive Summary: The overall development concerning shopping center projects in Turkey has been remarkable owing to rising purchasing power, young population, rapid urbanization, high propensity to consume in comparison to other East European countries. Today, total rentable area at shopping malls stands approximately 2.3 million m2 and the number of malls is 135, whereas 102 of them came to service after 2000. Last year, shopping centers in Turkey generated US$ 6 billion total turnover. The Association of Shopping Centers and Retailers (AMPD) estimates the average increase in total annual turnover to be around 10 percent for the coming five years. Istanbul, Ankara and Izmir together host 55 percent of all shopping centers in Turkey. Since 2005, a number of international investors including Dutch companies have shown interest to building new shopping centers as well as acquiring existing ones. AMPD projects US$ 25 billion new investments in shopping centers for the next five years. 
Last Updated ( Friday, 29 February 2008 23:17 )
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Migros Turk sells 51 percent of its Shares to BC Partners PDF Print E-mail
Saturday, 16 February 2008 16:57
BC Partners Ltd. has agreed to buy Migros Türk, Turkey's largest supermarket chain, for about $3.2 billion in the country's biggest-ever leveraged buyout. The London-based buyout firm will acquire 51 percent of Migros Türk for YTL 1.98 billion ($1.7 billion), or YTL 21.85 a share, from Koç Holding, according to a filing with the Istanbul Stock Exchange yesterday. The firm said it will offer to buy out minority stockholders at the same price, which is 11 percent more than Wednesday's close.
Last Updated ( Saturday, 16 February 2008 17:04 )
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