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14 Restaurants in Nisantasi City’s Mall to be Closed due to Alcohol Permit Problems |
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Tuesday, 12 February 2008 12:00 |
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Governership of Sisli yesterday announced that 14 restaurants operating in Nisantasi’s new shopping center, City’s will be closed due to operating without the necessary alcohol serving permits. The shopping center, now home to some of world’s well-known brands is located in close proximity to some schools in the district which legally does not allow the local government to issue alcohol permits to the restaurants in the shopping center. |
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Last Updated ( Tuesday, 12 February 2008 12:03 )
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Renaissance to Build 30 Shopping Centers in 7 years |
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Sunday, 10 February 2008 01:11 |
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Renaissance Construction, a Turkish company, founded in Russia in 1993, has plans to open 30 shopping centers in Turkey within 7 a period of 7 years. Renaissance, that already opened and operates Ankara – Optimum, will open 4 other shopping centers and outlets in Istanbul, Gaziantep, Adana and Malatya during 2008 and 2009. |
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Last Updated ( Sunday, 10 February 2008 01:18 )
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Akmerkez Being Renovated for $ 25 Million |
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Sunday, 10 February 2008 00:35 |
Raif Dinckok, member of board of Akmerkez Shopping Center in Etiler, has announced that the renovation project for upgrading the center will take start in March. The construction is projected to continue for around a year. Dinckok added that “Due to changes in the social environment and to keep up and adapt to the changes in the community, shopping centers need to be renovated every 10 to 15 years. Akmerkez renovation project is not related to new shopping center investments in the same region and it is not motivated by the competition.” |
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Last Updated ( Sunday, 10 February 2008 00:43 )
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Apollo and Multi Turkmall agree landmark Istanbul retail investment of €583m |
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hypermarket on the location, to open in 2010. In a statement, Carrefour said the sale, to a joint venture between Apollo Real Estate and Multi Turkmall, will generate a pretax capital gain of around 150 mln eur but did not specify what its own share will be. 
The facility consists of a shopping center, residences managed by Kempinski Group, a hotel and office space. The project is located in a premium area of Istanbul and is in close proximity to many other well-known projects.
keep fighting to secure spaces of their own. )){kind=link}