<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="40.9779295" data-lng="28.8736772" data-map-catchment-data-value="{&quot;lat&quot;:&quot;40.9779295&quot;,&quot;lng&quot;:&quot;28.8736772&quot;,&quot;primary_radius&quot;:10.0,&quot;secondary_radius&quot;:25.0,&quot;population&quot;:1200000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;10 Kilometers&quot;,&quot;description&quot;:&quot;Estimated radius of primary customer base around the mall&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;25 Kilometers&quot;,&quot;description&quot;:&quot;Estimated radius of secondary customer base&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated population within primary and secondary catchment areas&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual population growth in catchment area, based on regional trends&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;32 Years&quot;,&quot;description&quot;:&quot;Median age of population in catchment area&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.8 People&quot;,&quot;description&quot;:&quot;Average number of people per household in catchment area&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;28.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;24,000 USD&quot;,&quot;description&quot;:&quot;Estimated median annual household income in catchment area&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8.2&quot;,&quot;description&quot;:&quot;Unemployment rate in the region&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;65 Index&quot;,&quot;description&quot;:&quot;Cost of living index relative to a base of 100&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;3,500 USD&quot;,&quot;description&quot;:&quot;Annual retail spending per person in catchment area&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;800 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;1,200 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on groceries&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;400 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on electronics&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;8,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors to the mall&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average time spent by visitors in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of visitors making a purchase&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;4,500 USD&quot;,&quot;description&quot;:&quot;Annual sales per square meter of leasable space&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;102 Stores&quot;,&quot;description&quot;:&quot;Total number of retail stores in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants (e.g., department stores)&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;15.0&quot;,&quot;description&quot;:&quot;Percentage of stores in similar retail categories&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;70.0&quot;,&quot;description&quot;:&quot;Percentage of unique retail categories among tenants&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;10 Stores&quot;,&quot;description&quot;:&quot;Number of stores with unique or experiential offerings&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Number of floors with retail space&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;35 USD&quot;,&quot;description&quot;:&quot;Monthly rent per square meter&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Percentage of unleased retail space&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Medium&quot;,&quot;description&quot;:&quot;Flexibility of lease terms (Low, Medium, High)&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;1,345 Square Meters&quot;,&quot;description&quot;:&quot;Current unleased retail space&quot;},{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;26,902 Square meters&quot;,&quot;description&quot;:&quot;Total leasable retail space in the mall&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;0.5 Kilometers&quot;,&quot;description&quot;:&quot;Distance to nearest major road&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Availability of nearby public transport options&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,500 Spaces&quot;,&quot;description&quot;:&quot;Total number of parking spaces&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Level of pedestrian traffic around the mall (Low, Medium, High)&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;Moderate&quot;,&quot;description&quot;:&quot;Level of competition from online retailers (Low, Moderate, High)&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Percentage of stores offering click-and-collect services&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;85.0&quot;,&quot;description&quot;:&quot;Percentage of catchment area population with internet access&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2.5 Incidents per 100,000&quot;,&quot;description&quot;:&quot;Annual retail-related crime incidents per 100,000 people&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;High&quot;,&quot;description&quot;:&quot;Level of security measures (Low, Medium, High)&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;50 Events&quot;,&quot;description&quot;:&quot;Number of promotional events annually&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Percentage of shoppers enrolled in loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes&quot;,&quot;description&quot;:&quot;Presence of digital signage for marketing&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;3.0&quot;,&quot;description&quot;:&quot;Projected annual growth in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;8 Stores&quot;,&quot;description&quot;:&quot;Number of new tenants planned for next year&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;No&quot;,&quot;description&quot;:&quot;Plans for physical expansion of the mall&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:7529,&quot;slug&quot;:&quot;galleria-atakoy&quot;,&quot;name&quot;:&quot;Galleria Ataköy&quot;,&quot;lat&quot;:&quot;40.974177&quot;,&quot;lng&quot;:&quot;28.8700091&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Galleria Ataköy, located in the Ataköy district of Bakırköy on Istanbul&#39;s European side, opened in 1987 as Turkey&#39;s first modern shopping mall, spanning 77,906 square meters over two floors with 134 stores and services, including three anchor tenants. Positioned adjacent to the Sea of Marmara, Ataköy Marina, and near Atatürk Airport (now Istanbul Airport is primary but still accessible), it benefits from high visibility and a 2,000-space parking lot. The tenant mix historically featured international brands like the former Printemps department store, now including supermarkets such as Migros, fashion outlets, cafes, and limited entertainment options like cinemas, though recent reports indicate reduced variety with many vacancies. Targeting upper-middle-class (A, B+, B) demographics in the affluent Ataköy area, which has a population of approximately 220,000 including families, professionals, and expatriates, the mall draws from local residents and tourists via its seaside location. Market position has shifted from pioneer to challenged, with Istanbul&#39;s retail sector growing at 8.3% CAGR through 2033 amid urbanization and e-commerce rise, but Galleria faces saturation from over 400 malls in Turkey. Leasing advantages include prime coastal access, established footfall of around 20,000 daily visitors (though recent reviews suggest lower), and potential for renovation-driven revival, with Turkey&#39;s 2023 mall turnover up 92% despite inflation. Drawbacks encompass aging infrastructure from 1987 openings with partial updates in 2001 and 2012, competition from modern venues like Mall of Istanbul and Cevahir, and reported emptiness signaling low occupancy, possibly below 70% based on visitor feedback. Operational quality varies, with ample parking and events like chess tournaments, but non-functional escalators and deserted interiors noted. Rent levels in Istanbul prime retail average 500-1,000 EUR/sqm/year, likely mid-range here due to location but negotiable amid vacancies. Risks include potential redevelopment into residential, as rumored in 2021, impacting lease stability in a market with record prime rents but selective leasing.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Migros, Boyner, Cinema&quot;,&quot;distance&quot;:0.52,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;77906&quot;,&quot;anchor_tenants&quot;:&quot;Migros, Boyner, Cinema&quot;}},{&quot;id&quot;:910,&quot;slug&quot;:&quot;aqua-florya-istanbul-akvaryum&quot;,&quot;name&quot;:&quot;Aqua Florya Istanbul Akvaryum&quot;,&quot;lat&quot;:&quot;40.965505&quot;,&quot;lng&quot;:&quot;28.7979517&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Aqua Florya is a premier shopping mall located in the heart of Bakırköy, Istanbul. It offers a unique blend of shopping, entertainment, and dining options, including the famous Istanbul Aquarium. With a modern architectural design and an extensive range of international and local brands, it is a top destination for both locals and tourists. The mall also features a cinema, an amusement park, and a variety of family-friendly attractions.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bakırköy&quot;},&quot;anchor_tenants&quot;:&quot;Paribu Cineverse, Wondera World, Beymen, Vakko, H \u0026 M&quot;,&quot;distance&quot;:6.51,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/910/e2913d58aaf727be76b2717db7a224ec(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;53000&quot;,&quot;anchor_tenants&quot;:&quot;Paribu Cineverse, Wondera World, Beymen, Vakko, H \u0026 M&quot;}},{&quot;id&quot;:4874,&quot;slug&quot;:&quot;axis-istanbul&quot;,&quot;name&quot;:&quot;Axis Istanbul&quot;,&quot;lat&quot;:&quot;41.035193&quot;,&quot;lng&quot;:&quot;28.920254&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Axis Istanbul, situated in the Edirnekapı area of Eyüpsultan district on Istanbuls European side, spans about 125,000 square meters as a mixed-use complex developed by Sur Yapı. It integrates a shopping mall with offices, cinemas, a sports center, playgrounds, and varied dining outlets, catering to local residents needs for convenience and leisure. The property positions itself as a community hub near the historic Golden Horn, targeting middle-income families and commuters. Strong accessibility stems from its location next to Bayrampaşa Metro Station on the M1 line, supporting public transit use amid Istanbuls congestion challenges. Tenant mix comprises over 100 stores, emphasizing outlet fashion, daily essentials, food courts, and entertainment anchors to encourage longer visits. Occupancy rates stand at approximately 55%, influenced by Turkeys economic volatility, high inflation, and e-commerce growth, which pressure non-essential retail. Estimated annual footfall reaches 4-6 million visitors, driven by local demographics but tempered by competition from larger malls like Cevahir and nearby outlets. Rent levels range from 15-30 USD per square meter monthly, providing entry points for retailers in a secondary market, though escalations linked to currency fluctuations present risks. Leasing advantages include flexible terms and mixed-use synergies boosting cross-traffic, while drawbacks involve potential infrastructure maintenance and category weaknesses in apparel amid market saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M, C\u0026A, Migros, Cinema&quot;,&quot;distance&quot;:7.47,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;H\u0026M, C\u0026A, Migros, Cinema&quot;}},{&quot;id&quot;:5247,&quot;slug&quot;:&quot;merter-point&quot;,&quot;name&quot;:&quot;Merter Point&quot;,&quot;lat&quot;:&quot;41.011348&quot;,&quot;lng&quot;:&quot;28.887651&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Merter Point is a specialized wholesale shopping center in Istanbul&#39;s Merter district, renowned as Turkey&#39;s premier hub for textile and apparel trade. Covering about 20,000 square meters across seven floors, including two for warehousing, it houses nearly 200 stores focused on wholesale clothing, fabrics, and accessories from local manufacturers. Established around 2018, the property integrates modern architecture with practical trade facilities, such as a nearby parking garage for over 100 vehicles, a cafe, restaurant, and currency exchange. Its location on the E-5 highway provides excellent accessibility via metro, metrobus, and proximity to Istanbul Airport (about 5 km away), facilitating easy access for international buyers. In the market context, Merter Point holds a solid position in the B2B wholesale segment, drawing traders from Europe, the Middle East, and Asia amid Istanbul&#39;s robust textile export industry, which accounts for over 10% of Turkey&#39;s total exports. Tenant mix emphasizes mid-tier apparel brands and suppliers, with limited high-end or consumer retail outlets, fostering a concentrated ecosystem for bulk deals. Leasing advantages include competitive rent levels (20-40 EUR per sqm per month), flexible short-term contracts suitable for seasonal trade, and no mandatory key money, appealing to emerging wholesalers. Footfall averages 5,000-8,000 daily visitors, primarily business-oriented, supporting sales volumes of 500-700 EUR per sqm annually. Occupancy stands at approximately 88%, reflecting steady demand despite economic pressures. However, drawbacks encompass intense intra-district competition from peers like Collesium Mall and Gold Center, potential traffic congestion on access routes, and vulnerability to global supply chain disruptions or currency fluctuations impacting export-driven performance. The demographic profile targets professional buyers aged 25-55, mostly from trading sectors, with operational quality featuring reliable security and logistics support but occasional maintenance issues in high-traffic zones.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Various Textile Wholesalers&quot;,&quot;distance&quot;:3.9,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;10000&quot;,&quot;anchor_tenants&quot;:&quot;Various Textile Wholesalers&quot;}},{&quot;id&quot;:4093,&quot;slug&quot;:&quot;olivium-outlet-center&quot;,&quot;name&quot;:&quot;Olivium Outlet Center&quot;,&quot;lat&quot;:&quot;40.99537&quot;,&quot;lng&quot;:&quot;28.90977&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Olivium Outlet Center in Istanbul\&quot;s Zeytinburnu district, opened 2000, is a 30,000 sqm outlet mall with 129 stores over 3 levels. Tenant mix focuses on apparel (60%) with brands like LC Waikiki, DeFacto, Bershka, Adidas, Nike, Boyner Outlet; includes footwear, accessories, electronics, limited F\u0026B (Burger King). Occupancy 90-95%, footfall 25k weekdays/40k weekends (10.7M annual). Rents 25-35 USD/sqm/month. Accessible via Marmaray (500m), metrobus, E-5 highway; 1,200 parking spots. Catchment 1.2M residents within 10km, working-class with 15-20k TRY monthly income. Positions as value retailer in inflation-hit market, resilient but challenged by e-commerce (20% share) and competitors like Forum Istanbul. Leasing pros: low rents, 3-5 year terms, co-marketing for budget tenants. Cons: 25-year-old infrastructure, traffic congestion, apparel saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Boyner Outlet, Levi&#39;s, Flo, Mudo Store&quot;,&quot;distance&quot;:3.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;37000&quot;,&quot;anchor_tenants&quot;:&quot;Boyner Outlet, Levi&#39;s, Flo, Mudo Store&quot;}},{&quot;id&quot;:649,&quot;slug&quot;:&quot;marmara-forum&quot;,&quot;name&quot;:&quot;Marmara Forum&quot;,&quot;lat&quot;:&quot;40.9966713&quot;,&quot;lng&quot;:&quot;28.8865714&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Marmara Forum is a prominent shopping center located in the Bayrampaşa district of Istanbul, Turkey. It spans over 400,000 square meters and offers a mix of retail, dining, and entertainment options. The mall is easily accessible through major highways and public transport, and it attracts a high volume of foot traffic due to its location in one of Istanbul&#39;s busiest commercial areas. Key tenants include international and local brands, along with a variety of food courts and recreational facilities. Despite its large size and diverse offering, the mall faces high competition from nearby retail centers like Forum Istanbul and other major malls in the city.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Media Markt, Bauhaus, Dechatlon, LCW, Inditex Group, Carrefour, Cinenova&quot;,&quot;distance&quot;:2.35,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/649/8084b25ce6adf5c7efecba43d23875ff(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;135000&quot;,&quot;anchor_tenants&quot;:&quot;Media Markt, Bauhaus, Dechatlon, LCW, Inditex Group, Carrefour, Cinenova&quot;}},{&quot;id&quot;:908,&quot;slug&quot;:&quot;forum-istanbul&quot;,&quot;name&quot;:&quot;Forum Istanbul&quot;,&quot;lat&quot;:&quot;41.0464612&quot;,&quot;lng&quot;:&quot;28.8970612&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Forum Istanbul, situated in the Bayrampasa district of Istanbul, spans a total construction area of 495,000 square meters with 175,000 square meters of leasable retail space, making it one of Europes largest shopping centers. Opened in 2009, it draws approximately 25 million visitors annually and achieves a turnover of around 500 million euros. The tenant mix comprises 265 local and international brands, featuring anchors such as IKEA and Decathlon, complemented by fashion outlets like Zara and HM, electronics stores, supermarkets, and entertainment venues including cinemas and a wellness center. Positioned at the intersection of the TEM and E-5 highways, it offers strong accessibility through metro lines, buses, and ample parking for over 4,000 vehicles. Bayrampasas demographic of roughly 270,000 residents, mainly middle-income families and young professionals, supports consistent footfall, while Istanbuls broader 15 million population enhances draw. Occupancy remains high at near 100%, with rent levels averaging 200 to 300 Turkish lira per square meter monthly, providing stable leasing opportunities in resilient categories like home improvement and leisure. Market position benefits from prime location and diverse offerings, though challenges include economic inflation impacting spending and potential infrastructure updates after 15 years of operation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bayrampaşa&quot;},&quot;anchor_tenants&quot;:&quot;IKEA, Carrefour, MediaMarkt, Koçtaş, Decathlon, Boyner, H \u0026 M, Marks \u0026 Spencer, Zara, LCW, Sea Life Istanbul, LEGOLAND Discovery Centre, Defacto, YKM, Paribu Cineverse, FunLab&quot;,&quot;distance&quot;:7.87,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/908/131e3f17cd43b788b759a258a7767dc3(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;176245&quot;,&quot;anchor_tenants&quot;:&quot;IKEA, Carrefour, MediaMarkt, Koçtaş, Decathlon, Boyner, H \u0026 M, Marks \u0026 Spencer, Zara, LCW, Sea Life Istanbul, LEGOLAND Discovery Centre, Defacto, YKM, Paribu Cineverse, FunLab&quot;}},{&quot;id&quot;:2419,&quot;slug&quot;:&quot;212-outlet-center&quot;,&quot;name&quot;:&quot;212 Outlet Center&quot;,&quot;lat&quot;:&quot;41.04786&quot;,&quot;lng&quot;:&quot;28.81028&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;212 Outlet Center is situated in the Esenyurt district of western Istanbul, approximately 30 km from the city center, and opened in August 2009. The property covers about 80,000 square meters of gross leasable area, featuring 175 stores distributed across four floors: ground level with a hypermarket and DIY stores, upper floors dedicated to fashion and accessories outlets, and a top floor for entertainment and food court. The tenant mix emphasizes discounted offerings from international brands such as Nike, Adidas, and Levi&#39;s, alongside domestic labels, catering primarily to value-oriented shoppers. Entertainment options include childrens play areas, terrace cafes, and event spaces, enhancing family appeal. Market position as an outlet center targets the suburban middle-income segment in a region with over 900,000 residents and growing population density. Accessibility benefits from the E-5 highway, proximity to Istanbul Airport (20 km), and the M9 metro line at Halkali Caddesi station, with 3,500 free parking spaces. However, distance from tourist hubs limits international footfall. Occupancy typically ranges 85-95%, supported by flexible leasing structures including base rents of 20-35 USD per sqm annually plus percentage rents, lower than prime malls. Annual footfall estimates 5-7 million visitors, driven by local demographics but challenged by economic volatility and competition from larger venues like Axis Istanbul. Strengths include established outlet format and infrastructure upgrades; risks involve inflation impacting consumer spending and potential infrastructure aging in a high-traffic suburban setting.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Fashion Republic, Deichmann, Watsons, Nine West, Cacharel, Polo&quot;,&quot;distance&quot;:9.42,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;175&quot;,&quot;gla_sqm&quot;:&quot;56000&quot;,&quot;anchor_tenants&quot;:&quot;Fashion Republic, Deichmann, Watsons, Nine West, Cacharel, Polo&quot;}},{&quot;id&quot;:316,&quot;slug&quot;:&quot;tersane-istanbul-halic-port&quot;,&quot;name&quot;:&quot;Tersane Istanbul (Halic Port)&quot;,&quot;lat&quot;:&quot;41.0354065&quot;,&quot;lng&quot;:&quot;28.9594785&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Tersane Istanbul (Halic Port) is a vibrant waterfront destination blending history, culture, and commerce. Located along the Golden Horn, this mixed-use development revitalizes a historic shipyard into a modern retail and lifestyle hub. It features a diverse array of high-end boutiques, dining options, entertainment venues, and cultural spaces, attracting both locals and tourists seeking a unique shopping and leisure experience.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:9.63,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/316/c3a04a6f79de8b33b1a97eb21b9d5ab2(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;50000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:29,&quot;slug&quot;:&quot;star-city-outlet&quot;,&quot;name&quot;:&quot;Star City Outlet&quot;,&quot;lat&quot;:&quot;41.0116321&quot;,&quot;lng&quot;:&quot;28.815824&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Star City Outlet is a shopping mall and entertainment center located in Istanbul, Turkey. It offers a variety of international and local retail brands, dining options, and entertainment facilities. The mall has a spacious layout, attracting both local shoppers and tourists. The mall&#39;s foot traffic is consistently high, with peak periods during weekends and holiday seasons. Star City Outlet has a reputation for offering discounted prices and special deals, making it a popular destination for bargain hunters. It also features a cinema, children’s play area, and seasonal events to engage families. Despite its popularity, parking availability during peak times can be a challenge, and the area surrounding the mall has limited public transportation access, potentially affecting customer accessibility.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;5M Migros, Teknosa, Boyner, Beymen, LCW&quot;,&quot;distance&quot;:6.13,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/29/03939cb2d4276bad0b5fbc579a24929c(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;135&quot;,&quot;gla_sqm&quot;:&quot;51844&quot;,&quot;anchor_tenants&quot;:&quot;5M Migros, Teknosa, Boyner, Beymen, LCW&quot;}}],&quot;secondary&quot;:[{&quot;id&quot;:5245,&quot;slug&quot;:&quot;istanbul-outlet-park&quot;,&quot;name&quot;:&quot;İstanbul Outlet Park&quot;,&quot;lat&quot;:&quot;41.0186168&quot;,&quot;lng&quot;:&quot;28.6319191&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;İstanbul Outlet Park is an outlet shopping center located in the Küçükçekmece district of western Istanbul, Turkey, approximately 20 km from the city center. Opened in 2009, it spans a gross leasable area (GLA) of about 56,000 square meters and houses over 100 stores focused on discounted apparel, footwear, sportswear, and accessories from mid-tier international and local brands. The tenant mix emphasizes value-oriented retailers such as Nike Outlet, Adidas, LC Waikiki, DeFacto, and Mavi Jeans, alongside food courts and entertainment options like cinemas. Positioned as a budget-friendly destination, it attracts price-sensitive shoppers from surrounding suburban areas and regional visitors. Market position reflects Turkey&#39;s competitive retail landscape, where outlet centers capture 15-20% of total shopping center space, per Colliers International reports. Leasing advantages include lower base rents averaging 15-25 EUR per sqm per month, flexible terms for outlets (often 5-7 years with turnover rents), and promotional support from management. However, challenges include economic volatility in Turkey, with inflation impacting consumer spending; recent occupancy rates hover around 75-80%, down from pre-2020 levels due to e-commerce growth and post-pandemic shifts. Footfall estimates at 4-6 million annual visitors, supported by highway access but limited by public transit options. Demographic profile targets middle-income families (average household income 20,000-40,000 TRY annually) aged 25-45, with strong weekend traffic. Operational quality is moderate, with aging infrastructure requiring maintenance, and tenant mix skewed toward fashion (60% of space), potentially exposing to category saturation. Retailers should consider risks from nearby competitors like Viaport Marina Outlet (larger at 80,000 sqm) and Optimum Outlet, which draw similar demographics but offer better anchor tenants. Overall, suitable for discount-focused brands seeking affordable entry into Istanbul&#39;s western suburbs, though success depends on aggressive pricing and marketing to counter market saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;LC Waikiki, DeFacto, Mavi Jeans&quot;,&quot;distance&quot;:20.79,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;LC Waikiki, DeFacto, Mavi Jeans&quot;}},{&quot;id&quot;:678,&quot;slug&quot;:&quot;istanbul-cevahir&quot;,&quot;name&quot;:&quot;Istanbul Cevahir&quot;,&quot;lat&quot;:&quot;41.0630798&quot;,&quot;lng&quot;:&quot;28.9925265&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Istanbul Cevahir, situated in Şişli district of Istanbul, is a key regional shopping and entertainment center that opened in 2005. It offers 110,000 m² of gross leasable area across 6 floors with 343 stores, including anchors such as Zara, Boyner, LC Waikiki, and Teknosa. The tenant mix is diverse: 40% fashion and apparel, 20% food and beverage featuring 48 outlets, 15% electronics and home goods, and substantial entertainment including 12 cinemas, a bowling hall, roller coaster, and 16,000 m² indoor theme park. Annual footfall totals 20 million visitors, bolstered by direct access from the M2 Yenikapı-Hacıosman metro line at Şişli-Mecidiyeköy station and 2,500 parking spaces. Occupancy rate is 95%, underscoring demand in Istanbul&#39;s retail market with over 400 competing malls. The primary catchment area covers 5 million people within a 30-minute drive, with a total of 8 million, marked by a median age of 34, median household income of 181,200 TL per year, and per capita retail spending of 7,800 USD. Leasing benefits encompass high visibility from robust traffic, a balanced mix encouraging cross-shopping, and mid-2024 sales per square meter of 13,743 TL. Challenges include Turkey&#39;s 50-70% inflation driving rent escalations, competition from luxury sites like Zorlu Center and Istinye Park, property age necessitating updates, and e-commerce pressures on physical sales.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Şişli&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Boyner, LCW, TeknoSA, DeFacto&quot;,&quot;distance&quot;:13.75,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/678/0f029f9a615657b92041b4b94ca05e39(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;343&quot;,&quot;gla_sqm&quot;:&quot;116754&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Boyner, LCW, TeknoSA, DeFacto&quot;}},{&quot;id&quot;:3283,&quot;slug&quot;:&quot;hilltown-avm&quot;,&quot;name&quot;:&quot;Hilltown Avm&quot;,&quot;lat&quot;:&quot;40.9528&quot;,&quot;lng&quot;:&quot;29.12218&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Hilltown AVM in Kucukyali, Istanbul, is a regional shopping center opened in 2017 with 61,500 square meters of gross leasable area over three levels, blending open-air and enclosed retail formats with an attached hotel. It hosts 202 stores, achieving 95% occupancy and featuring anchors such as Zara, Boyner, Beymen Club, Network, and MediaMarkt, alongside a 70% diverse tenant mix spanning fashion, electronics, dining, and entertainment including cinemas and childrens play areas. Annual footfall reaches 6 million visitors, with 90-minute dwell time, 25% conversion rate, and 20 promotional events supporting 3% projected growth. Accessibility is strong via 0.5 km proximity to main roads, public transport, high pedestrian traffic, and 1,500 parking spaces. Average rent is 40 USD per square meter with medium lease flexibility; 3,075 square meters available. The 5 km primary catchment serves 800,000 residents with median age 34, household income 30,000 USD, and per capita retail spend of 2,500 USD focused on apparel (600 USD) and groceries (900 USD). Positioned on Istanbuls Asian side, it targets middle-income families amid a competitive market with high e-commerce pressure. Leasing advantages include family-oriented amenities boosting dwell time and stable occupancy, though challenges encompass economic volatility, inflation impacting spending, and saturation from nearby malls like Optimum and Emaar Square Mall. Retail crime remains low at 0.5 incidents per 1,000 visitors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Boyner, Beymen Club, Network, Mediamarkt&quot;,&quot;distance&quot;:21.05,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;221&quot;,&quot;gla_sqm&quot;:&quot;64000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Boyner, Beymen Club, Network, Mediamarkt&quot;}},{&quot;id&quot;:4541,&quot;slug&quot;:&quot;meydan-istanbul&quot;,&quot;name&quot;:&quot;Meydan İstanbul&quot;,&quot;lat&quot;:&quot;41.0158&quot;,&quot;lng&quot;:&quot;29.1167&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Meydan İstanbul, located in the Bahçeşehir district of western Istanbul, Turkey, spans 128 acres, making it one of the largest shopping centers by land area in the country. Opened in 2016, it features a gross leasable area of approximately 100,000 square meters with around 160 national and international tenants. The tenant mix includes anchor stores such as IKEA, MediaMarkt, and Migros, alongside fashion retailers, electronics, and dining options, complemented by a 2,500-seat multiplex cinema and various entertainment facilities. Annual footfall reaches nearly 32 million visitors, driven by its position in a rapidly developing residential area. The catchment area serves demographics from A to C+ socioeconomic groups, with a population of over 500,000 within a 30-minute drive, benefiting from Istanbul&#39;s expanding western suburbs. Market position is strong as a lifestyle and family-oriented destination, with high occupancy estimated at 90-95% based on regional retail reports. Leasing advantages include competitive rent levels averaging 20-30 EUR per square meter monthly in prime spaces, flexible terms for mid-sized retailers, and ongoing expansions adding leisure components to boost dwell time. However, the Istanbul retail market faces challenges from economic volatility, with inflation impacting consumer spending, and competition from nearby centers like Mall of Istanbul. Accessibility via major highways is good, but traffic congestion poses risks during peak hours. Operational quality is high with modern infrastructure, though aging elements in surrounding areas could affect long-term appeal.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;IKEA, MediaMarkt, Decathlon, 5M Migros, Cinewam, H\u0026M, E Bebek, Mango, LC Waikiki, Intersport, Koton, Defacto&quot;,&quot;distance&quot;:20.83,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;70000&quot;,&quot;anchor_tenants&quot;:&quot;IKEA, MediaMarkt, Decathlon, 5M Migros, Cinewam, H\u0026M, E Bebek, Mango, LC Waikiki, Intersport, Koton, Defacto&quot;}},{&quot;id&quot;:197,&quot;slug&quot;:&quot;emaar-square&quot;,&quot;name&quot;:&quot;Emaar Square Mall&quot;,&quot;lat&quot;:&quot;41.0034218&quot;,&quot;lng&quot;:&quot;29.0713792&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Emaar Square Mall, located in the Ünalan district on Istanbul&#39;s Asian side, opened in 2017 as part of a mixed-use development including residences, offices, and a hotel. It spans 138,000 square meters of leasable area across six floors, hosting 415 stores and 52 restaurants. The tenant mix emphasizes luxury brands (approximately 25%), international fashion retailers like Zara and Boyner, electronics outlets such as MediaMarkt, and diverse dining options ranging from fast food to Turkish cuisine. Entertainment facilities include an aquarium with over 20,000 marine species, a 4DX cinema with 2,400 seats, bowling alleys, VR experiences, Museum of Illusions, and Europe&#39;s longest glass skyview terrace at 27 meters. Parking accommodates 4,200 vehicles in a four-story garage. Market position as Turkey&#39;s largest mall supports high visibility, with annual footfall estimated at over 10 million visitors based on regional benchmarks and Emaar&#39;s reported robust performance. Occupancy rates hover around 95-98%, reflecting strong demand amid Istanbul&#39;s retail sector recovery in 2024-2025, where commercial vacancy dropped to 10.9% in prime areas. Rent levels average 30-50 USD per square foot annually for prime spaces, influenced by inflation and currency fluctuations, offering competitive leasing for anchors but higher turnover risks for smaller tenants. Accessibility via Marmaray Ünalan station and metro lines enhances commuter traffic, though citywide congestion poses challenges. Demographic profile targets middle-to-upper-income families, young professionals (average age 25-45), and tourists, drawn by the blend of shopping and family entertainment in a growing Asian side population exceeding 3 million. Leasing advantages include stable occupancy, diverse tenant synergy boosting dwell times to 90+ minutes, and promotional events driving 20-25% conversion rates. Drawbacks encompass market saturation from competitors like Viaport Asia and Akasya AVM, e-commerce erosion (30% of sales shifting online), and economic volatility with 40% YoY rent hikes in some segments straining smaller retailers. Operational quality is high with low retail crime (under 0.5 incidents per 1,000 visitors) and modern infrastructure, but aging urban access roads may require infrastructure upgrades. Overall, it suits retailers seeking high-traffic luxury or entertainment-adjacent positioning, balanced against regional competition and macroeconomic pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Cartier, Gucci, Hermes, LV ve Zara&quot;,&quot;distance&quot;:16.83,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/197/d31503aa8d61c50ed230cd608fc69849(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;415&quot;,&quot;gla_sqm&quot;:&quot;138000&quot;,&quot;anchor_tenants&quot;:&quot;Cartier, Gucci, Hermes, LV ve Zara&quot;}},{&quot;id&quot;:798,&quot;slug&quot;:&quot;tepe-nautilus&quot;,&quot;name&quot;:&quot;Tepe Nautilus&quot;,&quot;lat&quot;:&quot;41.0000288&quot;,&quot;lng&quot;:&quot;29.0316625&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Tepe Nautilus is a premier shopping center located in Istanbul, featuring a diverse range of stores, dining options, and entertainment venues. With a modern design, it serves as a retail hub for both locals and tourists. The mall offers a wide selection of international and local brands, making it an attractive destination for fashion enthusiasts and families alike.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;CarrefourSA, Teknosa, Decathlon, Paribu Cineverse, LCWaikiki, Sports International, Starbucks, Lacoste, İnStreet, Koton, E-Bebek, Karaca, Watsons, Gratis, Rossmann, Paşabahçe Mağazaları, Evidea, Samsung, Superstep, Mudo, Mavi, Marks \u0026 Spencer, W Collection, Network, İpekyol, Penti, Joker Baby, ToyzzShop&quot;,&quot;distance&quot;:13.49,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/798/5cc8770f1f5935f5eb575d27bc05d34d(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;116&quot;,&quot;gla_sqm&quot;:&quot;52582&quot;,&quot;anchor_tenants&quot;:&quot;CarrefourSA, Teknosa, Decathlon, Paribu Cineverse, LCWaikiki, Sports International, Starbucks, Lacoste, İnStreet, Koton, E-Bebek, Karaca, Watsons, Gratis, Rossmann, Paşabahçe Mağazaları, Evidea, Samsung, Superstep, Mudo, Mavi, Marks \u0026 Spencer, W Collection, Network, İpekyol, Penti, Joker Baby, ToyzzShop&quot;}},{&quot;id&quot;:935,&quot;slug&quot;:&quot;akmerkez&quot;,&quot;name&quot;:&quot;Akmerkez&quot;,&quot;lat&quot;:&quot;41.0768993&quot;,&quot;lng&quot;:&quot;29.0268023&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Akmerkez is one of Istanbul’s most prestigious and established shopping malls, strategically located in the bustling Etiler district. It opened in 1993 and has since become a premium destination for high-end retailers and discerning customers. The mall boasts over 240 stores spread across approximately 35,000 square meters of leasable area and attracts a sophisticated, affluent demographic with a mix of luxury brands, fine dining, and cultural events. Akmerkez is well-connected to the surrounding residential and business areas, making it an attractive spot for both local and international retailers seeking strong brand visibility in Istanbul.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Massimo Dutti, Vakkorama, Mars Athletic Club, Mango, Macro Center, Cinema Pink, Decathlon&quot;,&quot;distance&quot;:16.91,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/935/76e2774f0420e1b33da97df2e0a30e14(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;182&quot;,&quot;gla_sqm&quot;:&quot;33999&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Massimo Dutti, Vakkorama, Mars Athletic Club, Mango, Macro Center, Cinema Pink, Decathlon&quot;}},{&quot;id&quot;:4535,&quot;slug&quot;:&quot;perlavista-avm&quot;,&quot;name&quot;:&quot;Perlavista Avm&quot;,&quot;lat&quot;:&quot;40.9825&quot;,&quot;lng&quot;:&quot;28.6523&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;PerlaVista AVM is a mid-sized shopping center located in Beylikdüzü on Istanbul&#39;s European side, at the intersection of Büyükçekmece, Esenyurt, and Gürpınar districts. Opened in 2007 and renovated in recent years, it spans 35,000 square meters of gross leasable area with 125 stores across three floors plus basements. The tenant mix is diverse, featuring anchor tenants like Migros hypermarket and Özdilek department store, alongside international and local fashion brands such as LC Waikiki, Mango, Koton, and De Facto. Food and beverage options include chains like Burger King, KFC, Popeyes, and local eateries, while entertainment comprises a cinema, go-kart track, and children&#39;s play areas. Accessibility is supported by proximity to E-5 highway and public transport, though heavy traffic in the area can pose challenges. The mall targets middle-income families in the growing suburban population of western Istanbul, where Beylikdüzü&#39;s demographics show a median age of 32 and household incomes around TRY 15,000 monthly. Occupancy rates hover around 90-95%, with annual footfall estimated at 2-3 million visitors based on similar regional malls. Rent levels range from 25-45 EUR per square meter monthly, competitive for suburban locations. Market position as a community hub benefits from low competition in immediate vicinity but faces pressure from larger urban centers like Akbatı AVM. Leasing advantages include flexible terms for smaller retailers and promotional support via events, though economic volatility in Turkey impacts consumer spending and requires cautious sales projections.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Migros, Cinemapink, Powerbowling&quot;,&quot;distance&quot;:18.59,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;38000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, Cinemapink, Powerbowling&quot;}},{&quot;id&quot;:652,&quot;slug&quot;:&quot;marmara-park&quot;,&quot;name&quot;:&quot;Marmara Park&quot;,&quot;lat&quot;:&quot;41.0092874&quot;,&quot;lng&quot;:&quot;28.6600973&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Marmara Park is a prominent shopping mall located in the bustling city of İstanbul, Turkey. It offers a wide variety of retail spaces, catering to both local and international retailers. The mall boasts a diverse mix of shops, restaurants, entertainment options, and ample parking spaces. The central location of Marmara Park attracts significant foot traffic, especially during weekends and holidays. However, it also faces competition from other nearby malls, which could affect its ability to attract new tenants. The lease terms are generally favorable for tenants, but the long-term sustainability of foot traffic could be a concern for some retailers due to the growing number of shopping centers in the vicinity. Furthermore, the mall&#39;s proximity to major transport routes adds to its accessibility but may also lead to congestion during peak hours, potentially affecting the shopping experience.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, Media Markt, H \u0026 M, Zara, Paribu Cineverse&quot;,&quot;distance&quot;:18.26,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/652/1ad3db405e498544f45eae832f3622f9(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, Media Markt, H \u0026 M, Zara, Paribu Cineverse&quot;}},{&quot;id&quot;:237,&quot;slug&quot;:&quot;v-metroway&quot;,&quot;name&quot;:&quot;V Metroway&quot;,&quot;lat&quot;:&quot;41.1193938&quot;,&quot;lng&quot;:&quot;28.7659829&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;V Metroway is a contemporary shopping center located in the heart of İstanbul, offering a wide array of retail outlets, dining options, and entertainment facilities. The mall is positioned in a bustling urban area with easy access via public transportation, making it an attractive choice for both local and international brands. Despite its popularity, the mall has faced criticism for its crowded spaces during peak hours and limited parking, which can detract from the overall shopping experience. The complex also faces competition from other high-end malls in the vicinity, which offer similar amenities and might appeal to the same demographic. However, its strategic location and diversified retail offerings make it a strong contender for businesses looking to attract a varied customer base, particularly those interested in high foot traffic. The lease terms for spaces in the mall vary, with some areas commanding higher rental rates due to their prime location within the shopping center.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:18.14,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/237/c71d97b1db37b5f596a6b5700c3f6bb4(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:831,&quot;slug&quot;:&quot;vega-istanbul&quot;,&quot;name&quot;:&quot;Vega Istanbul&quot;,&quot;lat&quot;:&quot;41.0923462&quot;,&quot;lng&quot;:&quot;28.9034606&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Vega Istanbul is a modern, multi-level shopping mall located in the heart of Istanbul&#39;s thriving business district. It offers a mix of high-end retail stores, entertainment facilities, and dining options catering to both local and international customers. The mall&#39;s strategic location attracts a steady flow of foot traffic from office workers, tourists, and residents. With over 200 retail outlets, it provides a diverse shopping experience, ranging from fashion boutiques to electronics stores. Vega Istanbul is known for its upscale ambiance and luxurious feel, which positions it as a prime retail destination in the city. However, its higher rental rates and competition from nearby malls might be a consideration for retailers seeking more affordable locations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Media Markt, e-bebek, MR. DIY, Ozdilek, LCW&quot;,&quot;distance&quot;:12.97,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/831/81ff04d763ac7f8f6bba5f8a56964c9c(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;165&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Media Markt, e-bebek, MR. DIY, Ozdilek, LCW&quot;}},{&quot;id&quot;:163,&quot;slug&quot;:&quot;palladium-atasehir&quot;,&quot;name&quot;:&quot;Palladium Ataşehir&quot;,&quot;lat&quot;:&quot;40.98816&quot;,&quot;lng&quot;:&quot;29.10163&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Palladium Ataşehir is a community shopping center located in Istanbuls Ataşehir district on the Asian side, established in 2008 with 40,000 square meters of gross leasable area over five levels hosting 190 stores. It achieves a robust occupancy of 95%, with average rents at 75 EUR per square meter monthly and sales performance of 8,000 EUR per square meter annually. The tenant mix emphasizes fashion, accessories, dining, and entertainment categories, featuring anchor tenants such as Zara, H\u0026M, Marks \u0026 Spencer, Sephora, and Massimo Dutti, alongside 15 unique stores and local brands for diversity. The primary catchment area within 10 km includes 1.2 million residents with a median age of 32, household size of 3.01, 45% tertiary education rate among adults, and median monthly income of 3,174 USD. Retail spending per capita reaches 4,600 USD yearly, with allocations to apparel at 215 USD, groceries at 1,200 USD, and electronics at 450 USD. Accessibility is strong via major highways, public transport connections, and 2,500 free parking spaces near residential and office developments. Annual footfall totals 7.5 million visitors, averaging 625,000 monthly with 2.5-hour dwell time and 25% conversion rate. In Ataşehirs saturated retail landscape, leasing advantages include medium-term flexibility, 50 annual events, and 30% loyalty program engagement, though economic factors like 8.5% unemployment and a cost of living index of 120 relative to Istanbul may limit discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H \u0026 M, Sepphora, Massimo Dutti&quot;,&quot;distance&quot;:19.17,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/163/39bb4a753ea93266c9b2cc75a526c3d5(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;190&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H \u0026 M, Sepphora, Massimo Dutti&quot;}},{&quot;id&quot;:3281,&quot;slug&quot;:&quot;vadistanbul-avm&quot;,&quot;name&quot;:&quot;Vadistanbul Avm&quot;,&quot;lat&quot;:&quot;41.1056&quot;,&quot;lng&quot;:&quot;28.9864&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Vadistanbul AVM is a mixed-use development in the Ayazağa neighborhood of Sarıyer district on Istanbuls European side, opened in 2017 with 103,000 square meters of leasable retail space hosting over 270 stores. It integrates retail, offices, residential units, and a five-star Radisson hotel, creating a daytime population of approximately 42,000. The tenant mix emphasizes upscale fashion brands such as İpekyol, Jack \u0026 Jones, and Pierre Cardin, alongside beauty outlets like Flormar and Gratis, international chains, gastronomic venues offering world cuisines, cafes, restaurants, entertainment options, and cinemas. Positioned near the Maslak business district, it benefits from proximity to corporate offices and affluent residential areas, enhancing its appeal for high-income consumers. Accessibility is supported by direct TEM highway connections, Turkeys first privately funded Monorail system, and a 5,500-vehicle parking facility, the second largest in Istanbul. Leasing advantages include high visibility in a growing retail market, with Istanbuls prime rents reaching US$250 per square meter per month in 2025, and potential for strong sales due to the mixed-use synergy driving consistent footfall. However, the property faces challenges from Istanbuls intense traffic congestion and competition from nearby luxury malls. Occupancy rates in Istanbuls retail sector improved to around 90% in late 2024, reflecting post-pandemic recovery, though economic volatility in Turkey could impact consumer spending. The surrounding Sarıyer area has a population of about 350,000 with 1.8% annual growth, featuring a young demographic where 35% are aged 20-39, supporting premium retail categories. Operational quality is high, evidenced by awards for best regional center and transportation infrastructure at the Sign of the City Awards.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Vakko, Beymen, Guess, Versace Jeans, Seraf Restoran, Magnolia Bakery, Vakko Patisserie, Inditex Grubu, Victoria Secret, Swarovski, Pandora&quot;,&quot;distance&quot;:17.06,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;270&quot;,&quot;gla_sqm&quot;:&quot;103000&quot;,&quot;anchor_tenants&quot;:&quot;Vakko, Beymen, Guess, Versace Jeans, Seraf Restoran, Magnolia Bakery, Vakko Patisserie, Inditex Grubu, Victoria Secret, Swarovski, Pandora&quot;}},{&quot;id&quot;:4931,&quot;slug&quot;:&quot;watergarden&quot;,&quot;name&quot;:&quot;Watergarden&quot;,&quot;lat&quot;:&quot;40.9976&quot;,&quot;lng&quot;:&quot;29.125&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Watergarden is a lifestyle-oriented shopping center located in the Ataşehir district on Istanbul&#39;s Asian side, opened in 2014 with a gross leasable area (GLA) of approximately 150,000 square meters. It features over 200 stores across two levels, emphasizing gastronomy, entertainment, and leisure rather than traditional retail dominance. The property includes a prominent 5,000 square meter central pool with choreographed dancing fountains, laser shows, and fireworks, surrounded by open-air dining areas that enhance its appeal as a recreational destination. Tenant mix comprises about 40% fashion and accessories (brands like Mavi Jeans, LC Waikiki, Yves Rocher), 30% food and beverage (diverse options including Turkish, Italian, Asian cuisines at venues like SeaSpice), 15% home goods and electronics, and 15% entertainment (cinemas, theaters, adventure parks). Positioned in a burgeoning business and residential hub, it benefits from proximity to corporate offices and affluent neighborhoods, drawing middle-to-upper-income locals and families. Market reports indicate Istanbul&#39;s Asian side malls like Watergarden maintain occupancy rates around 92-95% as of 2023, supported by recovering footfall post-pandemic, though below pre-2019 peaks. Leasing advantages include flexible terms for mid-sized retailers, visibility from entertainment draw, and annual events boosting dwell time. However, challenges arise from high base rents (estimated 25-35 EUR per sqm monthly in prime areas) amid economic volatility, and saturation in fashion categories. Accessibility via major highways and metro extensions aids traffic, but competition from nearby Palladium and larger European side centers like Cevahir impacts market share. Overall, it suits experiential retail concepts leveraging its unique water-themed ambiance for sustained performance in a competitive landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Cinema, LC Waikiki, Migros, Zara&quot;,&quot;distance&quot;:21.21,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;49000&quot;,&quot;anchor_tenants&quot;:&quot;Cinema, LC Waikiki, Migros, Zara&quot;}},{&quot;id&quot;:5383,&quot;slug&quot;:&quot;bagdat-caddesi-avm&quot;,&quot;name&quot;:&quot;Bağdat Caddesi Avm&quot;,&quot;lat&quot;:&quot;40.9739606&quot;,&quot;lng&quot;:&quot;29.0556018&quot;,&quot;property_type&quot;:&quot;Retail&quot;,&quot;description&quot;:&quot;Bağdat Caddesi AVM, situated on the renowned Bağdat Avenue in Kadıköy district of Istanbul, serves as a prominent open-air outlet shopping destination on the citys Anatolian side. Spanning key sections of the 14-kilometer avenue, it integrates outlet stores with the vibrant street retail environment, attracting a mix of local shoppers and visitors. The property features approximately 50-60 tenants, primarily outlet formats of Turkish and international brands such as LC Waikiki, Koton, DeFacto, and select global names in apparel, footwear, accessories, and home goods, complemented by cafes and small F\u0026B outlets. Market position is solid within the mid-market segment, benefiting from the avenues reputation as one of Turkeys top high streets for fashion and lifestyle shopping, with annual footfall estimated at over 10 million visitors across the corridor. Demographics draw from affluent upper-middle-class residents in Kadıköy and adjacent areas like Suadiye and Fenerbahçe, with a population catchment exceeding 1 million, median age 30-50, and household incomes 20-30% above Istanbul average. Leasing advantages include high visibility from heavy pedestrian traffic, flexible space options from 50-500 sqm, and rent structures often tied to turnover, averaging 40-60 USD per sqm annually, lower than enclosed malls due to outlet focus. Accessibility is strong via metrobus lines, ferries to European side, and proximity to major roads, though parking remains a challenge in peak hours. Operational quality is good with modern facades, but aging infrastructure in some street sections poses minor risks. Strengths lie in the dynamic tenant mix fostering cross-shopping, while drawbacks include intense competition from nearby enclosed AVMs like Optimum Outlet and Akasya, market saturation in fashion categories, and vulnerability to economic downturns impacting discretionary spending. Overall, it presents balanced opportunities for value-driven retailers in a high-traffic, culturally vibrant locale.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Louis Vuitton, Apple Store, Vakko&quot;,&quot;distance&quot;:15.28,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;98000&quot;,&quot;anchor_tenants&quot;:&quot;Zara, H\u0026M, Louis Vuitton, Apple Store, Vakko&quot;}},{&quot;id&quot;:2398,&quot;slug&quot;:&quot;palladium-atasehir-1&quot;,&quot;name&quot;:&quot;Palladium Ataşehir&quot;,&quot;lat&quot;:&quot;40.9858&quot;,&quot;lng&quot;:&quot;29.0997&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Palladium Ataşehir is a community shopping center located in Istanbuls Ataşehir district on the Asian side, established in 2008 with 40,000 square meters of gross leasable area over five levels hosting 190 stores. It achieves a robust occupancy of 95%, with average rents at 75 EUR per square meter monthly and sales performance of 8,000 EUR per square meter annually. The tenant mix emphasizes fashion, accessories, dining, and entertainment categories, featuring anchor tenants such as Zara, H\u0026M, Marks \u0026 Spencer, Sephora, and Massimo Dutti, alongside 15 unique stores and local brands for diversity. The primary catchment area within 10 km includes 1.2 million residents with a median age of 32, household size of 3.01, 45% tertiary education rate among adults, and median monthly income of 3,174 USD. Retail spending per capita reaches 4,600 USD yearly, with allocations to apparel at 215 USD, groceries at 1,200 USD, and electronics at 450 USD. Accessibility is strong via major highways, public transport connections, and 2,500 free parking spaces near residential and office developments. Annual footfall totals 7.5 million visitors, averaging 625,000 monthly with 2.5-hour dwell time and 25% conversion rate. In Ataşehirs saturated retail landscape, leasing advantages include medium-term flexibility, 50 annual events, and 30% loyalty program engagement, though economic factors like 8.5% unemployment and a cost of living index of 120 relative to Istanbul may limit discretionary spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H\u0026M, Sephora, Massimo Dutti&quot;,&quot;distance&quot;:18.99,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;190&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H\u0026M, Sephora, Massimo Dutti&quot;}},{&quot;id&quot;:841,&quot;slug&quot;:&quot;vadistanbul&quot;,&quot;name&quot;:&quot;Vadistanbul&quot;,&quot;lat&quot;:&quot;41.1073968&quot;,&quot;lng&quot;:&quot;28.986714&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Vadistanbul is a mixed-use development located in the Sarıyer district of Istanbul, combining retail, office, residential, and entertainment spaces. The mall boasts modern architecture and a wide variety of stores, from high-end brands to local boutiques, making it an attractive destination for both local shoppers and tourists. It is conveniently located near major transport links and offers ample parking space. The property features several dining options, recreational areas, and a cinema, enhancing its appeal to a broad demographic. However, the high rental costs may deter small retailers, and the upscale nature of the mall could result in less foot traffic from price-sensitive consumers. Additionally, the area&#39;s general economic status and competition from nearby malls may affect occupancy rates. The mall&#39;s proximity to residential areas increases its attractiveness for certain retail sectors, especially those targeting families and young professionals.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Sarıyer&quot;},&quot;anchor_tenants&quot;:&quot;Vakko, Beymen, Guess, Versace Jeans, Seraf Restoran, Magnolia Bakery, Vakko Patisserie, Inditex Grubu, Victoria Secret, Swarovski, Pandora&quot;,&quot;distance&quot;:17.24,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/841/a9c750569c11e6dde71e9b5f9bd29ed9(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;270&quot;,&quot;gla_sqm&quot;:&quot;103000&quot;,&quot;anchor_tenants&quot;:&quot;Vakko, Beymen, Guess, Versace Jeans, Seraf Restoran, Magnolia Bakery, Vakko Patisserie, Inditex Grubu, Victoria Secret, Swarovski, Pandora&quot;}},{&quot;id&quot;:916,&quot;slug&quot;:&quot;galataport&quot;,&quot;name&quot;:&quot;Galataport&quot;,&quot;lat&quot;:&quot;41.0276477&quot;,&quot;lng&quot;:&quot;28.9852806&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Galataport, located in İstanbul, is a mixed-use development that combines retail, office spaces, and residential units, with a focus on tourism and cultural experiences. It spans over 1.2 million square feet of retail space, hosting a range of international and local brands. The development also includes a marina and a cruise terminal, aiming to attract both local and international tourists. The mall&#39;s design focuses on blending modern architecture with historical elements of the city&#39;s waterfront. Despite its upscale positioning, the retail offering remains diverse, aiming to cater to both luxury and mass-market consumers. The location&#39;s proximity to the sea and central tourist destinations like Taksim Square ensures high foot traffic, but it also means the area is subject to seasonal fluctuations in visitor numbers. Its high-end branding may result in higher rental rates compared to more conventional retail centers in the city, which might not be ideal for retailers targeting value-conscious shoppers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Beymen, Gizia, House of SuperStep, Vakkorama, Baylan, Butterfly, Divan At the Port I Bistro - Pastane - Bar, Frankie, Gina, GIZIA BRASSERIE, Günaydın Kebap \u0026 Steakhouse, Hafız Mustafa, Kiva, L&#39;Atelier Vakko Bistrot, Liman İstanbul, Mezzaluna, Monochrome, Muutto Anatolian Tapas Bar, SALTBAE Burger, Vakkorama Cafe&quot;,&quot;distance&quot;:10.88,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/916/7d67160448af47bf98268a0f252b1eef(2).jpeg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;51400&quot;,&quot;anchor_tenants&quot;:&quot;Beymen, Gizia, House of SuperStep, Vakkorama, Baylan, Butterfly, Divan At the Port I Bistro - Pastane - Bar, Frankie, Gina, GIZIA BRASSERIE, Günaydın Kebap \u0026 Steakhouse, Hafız Mustafa, Kiva, L&#39;Atelier Vakko Bistrot, Liman İstanbul, Mezzaluna, Monochrome, Muutto Anatolian Tapas Bar, SALTBAE Burger, Vakkorama Cafe&quot;}},{&quot;id&quot;:4714,&quot;slug&quot;:&quot;kadikoy-piazza&quot;,&quot;name&quot;:&quot;Kadıköy Piazza&quot;,&quot;lat&quot;:&quot;40.922&quot;,&quot;lng&quot;:&quot;29.124&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Kadıköy Piazza, located in the Maltepe district adjacent to Kadıköy on Istanbul&#39;s Asian side, operates as a super regional shopping center opened in 2011. The property spans 350,000 square meters total area with 135,000 square meters of gross leasable area (GLA), hosting approximately 300 retail outlets. It features anchors like CarrefourSA hypermarket and Media Markt electronics store, alongside a diverse tenant mix including international fashion brands such as H\u0026M, LC Waikiki, Marks \u0026 Spencer, and Lacoste; beauty retailers like Sephora; home goods from English Home and Karaca; and extensive food and beverage options with chains like Burger King, Starbucks, and a variety of cafes. Entertainment amenities include Paribu Cineverse cinema across two floors, children&#39;s play areas like Playland, and pet-friendly policies enhancing family appeal. The mall holds LEED Gold certification for sustainable design, emphasizing eco-conscious operations. In the context of Istanbul&#39;s retail market, it serves a population of over 528,000 in Maltepe, characterized by middle to upper-middle income families with growing urbanization. Accessibility is supported by proximity to metro lines, buses, and major roads like Tugay Yolu Avenue. Market reports indicate Istanbul&#39;s Asian side retail sector benefits from population growth and infrastructure improvements, though faces challenges from economic volatility and high inflation impacting consumer spending. Leasing advantages include high visibility in a residential-heavy area, strong footfall driven by entertainment and dining, and potential for stable occupancy given the mall&#39;s established position. However, drawbacks involve competition from nearby centers and varying rent pressures due to currency fluctuations. Overall, it positions as a lifestyle destination fostering repeat visits through integrated shopping, leisure, and community events, with operational quality maintained by Multi Turkiye management.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;H\u0026M, Beymen Club, MediaMarkt, LC Waikiki&quot;,&quot;distance&quot;:21.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;52500&quot;,&quot;anchor_tenants&quot;:&quot;H\u0026M, Beymen Club, MediaMarkt, LC Waikiki&quot;}},{&quot;id&quot;:5379,&quot;slug&quot;:&quot;mall-of-istanbul&quot;,&quot;name&quot;:&quot;Mall Of Istanbul&quot;,&quot;lat&quot;:&quot;41.0625272&quot;,&quot;lng&quot;:&quot;28.8075256&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;The Mall of Istanbul, located in the Başakşehir district of Istanbul, Turkey, is a prominent mixed-use development opened in 2007, encompassing approximately 350,000 square meters total with 154,000 square meters of gross leasable area dedicated to retail. It integrates shopping, entertainment, residential units, offices, and a hotel, positioning it as one of Turkey&#39;s largest such projects. The tenant mix features over 350 stores, including international anchors like H\u0026M, Zara, MediaMarkt, Decathlon, Boyner, and luxury brands such as Armani Exchange, Calvin Klein, and Victoria&#39;s Secret, alongside local favorites like LC Waikiki and Koton. Entertainment options include a 16-screen cinema, Europe&#39;s largest indoor park (MOiPark spanning 12,000 square meters), and a diverse food court offering Turkish and international cuisine. Accessibility is strong via the M3 metro line, major highways like TEM and Northern Marmara, and 1,900 parking spaces, serving a growing suburban population. Market position benefits from high post-pandemic occupancy rates exceeding 95% in similar Istanbul malls, with annual footfall estimated at 15-20 million visitors based on regional benchmarks. Leasing advantages include flexible terms for mid-sized units (50-500 sqm) at average rents of 1,000-1,500 TRY per sqm annually, supported by promotional events and loyalty programs. However, challenges arise from economic volatility, inflation impacting consumer spending, and competition from nearby centers like Axis Istanbul and Vadistanbul, potentially leading to category saturation in fashion and electronics. Infrastructure remains modern, though traffic congestion during peaks can affect access. Demographic profile targets middle to upper-middle income families with young children, drawn by residential integration and family-oriented amenities. Operational quality is high, with sustainability awards from 2017 enhancing appeal, but e-commerce growth poses risks to physical retail performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;LC Waikiki, MediaMarkt, H\u0026M, Carrefour&quot;,&quot;distance&quot;:10.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;470&quot;,&quot;gla_sqm&quot;:&quot;154000&quot;,&quot;anchor_tenants&quot;:&quot;LC Waikiki, MediaMarkt, H\u0026M, Carrefour&quot;}},{&quot;id&quot;:4718,&quot;slug&quot;:&quot;prestige-avm&quot;,&quot;name&quot;:&quot;Prestige Avm&quot;,&quot;lat&quot;:&quot;41.0648&quot;,&quot;lng&quot;:&quot;28.697&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Prestige AVM, located in the Bahçeşehir district on Istanbul&#39;s European side, opened in March 2007 as Turkey&#39;s first boutique-style shopping mall. Spanning 25,000 square meters total with 12,000 square meters of leasable area, it features 45 stores, a department store, 6 fast food outlets, 7 cinemas, bowling facilities, and entertainment options targeting local residents. The tenant mix emphasizes fashion, casual dining, and leisure, with anchors driving community gatherings. Positioned near the E-5 highway and TEM connection, it benefits from accessibility for middle-income families in the growing Bahçeşehir area, which has a population of around 200,000 with a demographic profile of young professionals and families (median age 32, household income above city average). However, the mall faces market saturation in Istanbul&#39;s retail sector, where over 400 malls compete amid high inflation and e-commerce growth. Recent reports indicate declining footfall due to economic pressures, with occupancy dropping below 50% as of 2025, leading to an announced closure by June 2025. Leasing advantages include potentially discounted rates for short-term tenancies and proximity to residential developments, but risks involve management disputes, legal tenant evictions, and reduced traffic from nearby larger centers like Mall of Istanbul (15 km away). Operational quality has deteriorated with aging infrastructure, impacting appeal. Retail performance metrics show average footfall at 5,000-7,000 daily pre-decline, now halved, with rent levels at 20-30 EUR per sq m monthly, lower than prime malls&#39; 40-60 EUR. Contextual factors include Istanbul&#39;s 84% office occupancy signaling economic recovery, but retail struggles with 10-15% vacancy rates citywide. For retailers, opportunities lie in niche pop-ups before closure, though long-term viability is low due to competition and closure plans.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;File Market (BIM)&quot;,&quot;distance&quot;:17.69,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;12000&quot;,&quot;anchor_tenants&quot;:&quot;File Market (BIM)&quot;}},{&quot;id&quot;:50,&quot;slug&quot;:&quot;of-istanbul&quot;,&quot;name&quot;:&quot;Mall Of Istanbul&quot;,&quot;lat&quot;:&quot;41.0625272&quot;,&quot;lng&quot;:&quot;28.8075256&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The Mall of Istanbul, located in the Başakşehir district of Istanbul, Turkey, is a prominent mixed-use development opened in 2007, encompassing approximately 350,000 square meters total with 154,000 square meters of gross leasable area dedicated to retail. It integrates shopping, entertainment, residential units, offices, and a hotel, positioning it as one of Turkey&#39;s largest such projects. The tenant mix features over 350 stores, including international anchors like H\u0026M, Zara, MediaMarkt, Decathlon, Boyner, and luxury brands such as Armani Exchange, Calvin Klein, and Victoria&#39;s Secret, alongside local favorites like LC Waikiki and Koton. Entertainment options include a 16-screen cinema, Europe&#39;s largest indoor park (MOiPark spanning 12,000 square meters), and a diverse food court offering Turkish and international cuisine. Accessibility is strong via the M3 metro line, major highways like TEM and Northern Marmara, and 1,900 parking spaces, serving a growing suburban population. Market position benefits from high post-pandemic occupancy rates exceeding 95% in similar Istanbul malls, with annual footfall estimated at 15-20 million visitors based on regional benchmarks. Leasing advantages include flexible terms for mid-sized units (50-500 sqm) at average rents of 1,000-1,500 TRY per sqm annually, supported by promotional events and loyalty programs. However, challenges arise from economic volatility, inflation impacting consumer spending, and competition from nearby centers like Axis Istanbul and Vadistanbul, potentially leading to category saturation in fashion and electronics. Infrastructure remains modern, though traffic congestion during peaks can affect access. Demographic profile targets middle to upper-middle income families with young children, drawn by residential integration and family-oriented amenities. Operational quality is high, with sustainability awards from 2017 enhancing appeal, but e-commerce growth poses risks to physical retail performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Başakşehir&quot;},&quot;anchor_tenants&quot;:&quot;5M Migros, Zara, Media Markt, Koçtaş, Teknosa, Boyner, H \u0026 M, Victorias Secret, Mavi, LCW, Özdilek, Mudo Concept, Decathlon, FLO, Koton, Teknosa, Koton, Barrels Oil, E-Bebek, ToyyzShop&quot;,&quot;distance&quot;:10.92,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/50/497776b4201ca7aacb4743c0ff411019(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;470&quot;,&quot;gla_sqm&quot;:&quot;158482&quot;,&quot;anchor_tenants&quot;:&quot;5M Migros, Zara, Media Markt, Koçtaş, Teknosa, Boyner, H \u0026 M, Victorias Secret, Mavi, LCW, Özdilek, Mudo Concept, Decathlon, FLO, Koton, Teknosa, Koton, Barrels Oil, E-Bebek, ToyyzShop&quot;}},{&quot;id&quot;:934,&quot;slug&quot;:&quot;akbati&quot;,&quot;name&quot;:&quot;Akbatı&quot;,&quot;lat&quot;:&quot;41.0566615&quot;,&quot;lng&quot;:&quot;28.6677519&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Akbatı is a modern shopping mall located in the Esenyurt district of İstanbul, opened in 2011, offering approximately 65,000 square meters of gross leasable area across more than 200 stores, including both international and Turkish brands, dining options, entertainment venues, and event spaces. The mall is positioned in a rapidly growing residential and business area, attracting local families and young professionals. Its design integrates open-air terraces, a large plaza for cultural events, and a focus on lifestyle services, distinguishing it as a community-oriented destination rather than just a retail center.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Altınyıldız, Atasay, Beymen Club, Columbia, İpekyol, Massimo Dutti&quot;,&quot;distance&quot;:19.37,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/934/38e3814a6bd55e77a87380f81aa936b3(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;200&quot;,&quot;gla_sqm&quot;:&quot;65496&quot;,&quot;anchor_tenants&quot;:&quot;Altınyıldız, Atasay, Beymen Club, Columbia, İpekyol, Massimo Dutti&quot;}},{&quot;id&quot;:868,&quot;slug&quot;:&quot;hilltown-kucukyali&quot;,&quot;name&quot;:&quot;Hilltown Küçükyalı&quot;,&quot;lat&quot;:&quot;40.9526798&quot;,&quot;lng&quot;:&quot;29.1218732&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Hilltown Küçükyalı, located in Istanbul, is a modern shopping center that offers a wide variety of retail stores, dining options, and entertainment experiences. Featuring a mix of international and local brands, the mall caters to a diverse range of shoppers. With its spacious design, family-friendly amenities, and entertainment options like cinemas and play areas, Hilltown Küçükyalı has become a popular destination for both shopping and leisure in the city.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Zara, Boyner, Beymen Club, Network, Mediamarkt&quot;,&quot;distance&quot;:21.03,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/868/d3f4aab1eabf3ad73fa1411414e3f6be(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;207&quot;,&quot;gla_sqm&quot;:&quot;62712&quot;,&quot;anchor_tenants&quot;:&quot;Zara, Boyner, Beymen Club, Network, Mediamarkt&quot;}},{&quot;id&quot;:4273,&quot;slug&quot;:&quot;watergarden-avm&quot;,&quot;name&quot;:&quot;Watergarden Avm&quot;,&quot;lat&quot;:&quot;40.9976&quot;,&quot;lng&quot;:&quot;29.118&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Watergarden AVM, located in the Bakırköy district of Istanbul on the European side, opened in 2015 as a 52,000 square meter gross leasable area (GLA) shopping center emphasizing a lifestyle and gastronomy focus. Positioned along the E-5 highway with proximity to Marmaray rail and Ataturk Airport (now closed, but still accessible via public transport), it benefits from strong regional accessibility serving a population of over 200,000 in Bakırköy and surrounding areas. The tenant mix includes over 150 stores across fashion (Zara, H\u0026M, LC Waikiki), electronics (MediaMarkt), home goods (IKEA Express), and a robust F\u0026B sector with 40+ outlets featuring international chains like Starbucks, Burger King, and local eateries, complemented by a 10-screen CineMax cinema and entertainment zones. Unique features include a central water garden with dancing fountains, retractable roof for semi-outdoor experiences, and event spaces for live performances and markets, enhancing dwell time. Market position is solid in the mid-tier segment, with reported annual footfall exceeding 10 million visitors pre-pandemic, though recovery has been gradual amid Turkey&#39;s economic volatility. Occupancy stands at approximately 92% as of recent reports, reflecting stable demand but sensitivity to inflation-driven rent adjustments. Leasing advantages include flexible unit sizes from 50 to 5,000 sqm, turnover rents averaging 12-15% of sales, and base rents of €25-35 per sqm monthly in prime areas, supported by a diverse demographic of middle-income families (average household income around TRY 15,000 monthly) and young professionals aged 25-45. Drawbacks involve intense local competition from nearby Capacity AVM and Metroport, potential traffic congestion on access routes, and broader market saturation in Istanbul&#39;s retail sector, where e-commerce growth has pressured physical sales by 10-15% annually. Operational quality is high with modern infrastructure, but aging elements like parking (1,500 spaces) may require upgrades. Overall, it suits retailers targeting experiential shopping and F\u0026B, though economic risks like currency depreciation could impact consumer spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Mavi, Koton, SPX Mega, Watsons, Cinema&quot;,&quot;distance&quot;:20.62,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;49000&quot;,&quot;anchor_tenants&quot;:&quot;Mavi, Koton, SPX Mega, Watsons, Cinema&quot;}},{&quot;id&quot;:2795,&quot;slug&quot;:&quot;metro-city-avm&quot;,&quot;name&quot;:&quot;Metro City Avm&quot;,&quot;lat&quot;:&quot;41.0762&quot;,&quot;lng&quot;:&quot;29.0131&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Metro City AVM is a premium shopping mall located in the Levent business district of Istanbul at Buyukdere Cd No:171, opened in 2003 with a gross leasable area of 90,000 square meters across four levels, housing approximately 300 retail stores. It benefits from direct access to the Levent 1 metro station, major roads, and high pedestrian traffic, supported by 2,000 parking spaces. The tenant mix features anchor stores such as Boyner, Zara, Koton, Marks \u0026 Spencer, TeknoSA, Maxi Toys, Flo, Essporto, and Migros, offering high diversity with 20 percent unique concepts. Visitor motivations include 40 percent for shopping, 35 percent for dining, and 25 percent for home decor, with average dwell time of 2.5 hours and conversion rate of 25 percent. Annual footfall reaches 8 million visitors, projecting 3 percent growth yearly. The primary catchment area covers a 5 km radius with 1.2 million population, characterized by a median age of 32, household size of 3.1, 35 percent tertiary education, median household income of 150,000 TRY, and 8.5 percent unemployment. Sales per square meter stand at 15,000 TRY, with per capita retail spending of 12,000 TRY annually, broken down into 2,500 TRY on apparel, 4,000 TRY on groceries, and 1,200 TRY on electronics. Occupancy is strong at 95 percent vacancy rate of 5 percent, with 4,500 square meters available and a pipeline of 15 new tenants. Average rent levels are 1,200 TRY per square meter, with medium lease term flexibility. Market position is solid in a competitive landscape with 5 malls per 100 square kilometers, bolstered by 50 annual promotional events, 30 percent loyalty program penetration, and full digital signage coverage. Ongoing expansion plans and low retail crime rate enhance operational quality. However, high e-commerce competition with 40 percent click-and-collect adoption and 85 percent internet penetration poses challenges, alongside needs for more family amenities, diverse dining, and trendy fashion to align with young adult preferences.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, Zara, Koton, Marks \u0026 Spencer, TeknoSA, Maxi Toys, Flo, Essporto, Migros&quot;,&quot;distance&quot;:16.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;300&quot;,&quot;gla_sqm&quot;:&quot;31980&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, Zara, Koton, Marks \u0026 Spencer, TeknoSA, Maxi Toys, Flo, Essporto, Migros&quot;}},{&quot;id&quot;:5173,&quot;slug&quot;:&quot;cevahir-avm&quot;,&quot;name&quot;:&quot;Cevahir Avm&quot;,&quot;lat&quot;:&quot;41.0630798&quot;,&quot;lng&quot;:&quot;28.9925265&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Istanbul Cevahir AVM, located in the Şişli district of European Istanbul, spans 420,000 square meters total area with 110,000 square meters of gross leasable area across six floors. Opened in 2005, it was Europes largest mall by GLA until 2011 and remains a key player in Turkeys organized retail sector. The property hosts over 300 tenants, with a mix emphasizing fashion at 40 percent, followed by food and beverage, electronics, and sports retailers like Zara, Migros, Decathlon, and Boyner. Entertainment includes a 12-screen cinema, gym, bowling, and roller coaster, drawing families and urban shoppers. Occupancy stands at 95 percent, reflecting strong demand amid Istanbuls competitive market of over 400 malls. Accessibility is strong via M2 metro line at Mecidiyeköy station and a 2,500-space parking lot, though heavy traffic in the business district poses challenges. The primary catchment area covers 5 million residents in a diverse, middle-to-upper-income demographic, including professionals and tourists. Leasing advantages include high visibility from steady footfall, estimated to have grown 10 percent in 2024 per owner reports, and stable rents around USD 20-30 per square meter monthly based on Istanbul mall averages. However, market saturation and economic volatility in Turkey, with retail sales fluctuating due to inflation, present risks. Operational quality is solid with modern amenities, but the propertys age may require future upgrades. Overall, it offers balanced performance for retailers targeting urban consumers, though competition from newer malls like Istinye Park could impact category-specific traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Decathlon, Zara, LCW, Koçtaş, Teknosa, Boyner, Marks \u0026 Spencer, MacFit, Paribu Cineverse, DeFacto, Migros&quot;,&quot;distance&quot;:13.75,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;343&quot;,&quot;gla_sqm&quot;:&quot;110000&quot;,&quot;anchor_tenants&quot;:&quot;Decathlon, Zara, LCW, Koçtaş, Teknosa, Boyner, Marks \u0026 Spencer, MacFit, Paribu Cineverse, DeFacto, Migros&quot;}},{&quot;id&quot;:49,&quot;slug&quot;:&quot;zorlu&quot;,&quot;name&quot;:&quot;Zorlu Center&quot;,&quot;lat&quot;:&quot;41.0669934&quot;,&quot;lng&quot;:&quot;29.0155549&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Zorlu Center is a premium mixed-use development located in the Beşiktaş district of İstanbul, offering a blend of retail, office, and residential spaces. Known for its high-end fashion stores, fine dining options, and cultural facilities, it attracts affluent consumers, both local and international. The mall spans over 100,000 square meters and features a range of international and luxury brands. It is strategically positioned in a central location with easy access to public transportation and major highways, making it a prime destination for shoppers. The development also integrates green spaces and innovative design, providing a visually stunning environment. However, its high rents and premium positioning may make it less accessible for smaller or budget-conscious retailers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Apple, Eataly, Louis Vuitton, Bulgari, Tiffany \u0026 Co., Dior, Fendi, Prada, Miu Miu, Pomellato, Balmain, Rolex, Dolce \u0026 Gabanna, Burberry, Alexander McQuenn, Valentino, Saint Laurent, Balenciaga, Moncler, Montblanc, Kwanpen, Beymen, Vakko, Cos, Zara, H \u0026 M&quot;,&quot;distance&quot;:15.48,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/49/aa879e0a4a893cf560fb5fa7bdbe7d53(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;205&quot;,&quot;gla_sqm&quot;:&quot;72213&quot;,&quot;anchor_tenants&quot;:&quot;Apple, Eataly, Louis Vuitton, Bulgari, Tiffany \u0026 Co., Dior, Fendi, Prada, Miu Miu, Pomellato, Balmain, Rolex, Dolce \u0026 Gabanna, Burberry, Alexander McQuenn, Valentino, Saint Laurent, Balenciaga, Moncler, Montblanc, Kwanpen, Beymen, Vakko, Cos, Zara, H \u0026 M&quot;}},{&quot;id&quot;:479,&quot;slug&quot;:&quot;kozzy&quot;,&quot;name&quot;:&quot;Kozzy&quot;,&quot;lat&quot;:&quot;40.9693157&quot;,&quot;lng&quot;:&quot;29.0920795&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Kozzy Mall is a modern shopping center located in the vibrant city of Istanbul, offering a mix of fashion, dining, and entertainment options. With its spacious layout and contemporary design, the mall attracts both local and international visitors. It is a popular destination for shopping, leisure, and social gatherings. The mall&#39;s strategic location and diverse offerings make it a go-to destination for those seeking a dynamic retail experience in the heart of Istanbul.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Yargici, Mavi, Ipekyol, Migros, Lcw&quot;,&quot;distance&quot;:18.36,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/479/night-time.jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;53&quot;,&quot;gla_sqm&quot;:&quot;14000&quot;,&quot;anchor_tenants&quot;:&quot;Yargici, Mavi, Ipekyol, Migros, Lcw&quot;}},{&quot;id&quot;:3280,&quot;slug&quot;:&quot;palladium-avm&quot;,&quot;name&quot;:&quot;Palladium Avm&quot;,&quot;lat&quot;:&quot;40.9858&quot;,&quot;lng&quot;:&quot;29.1172&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Palladium Ataşehir, situated in Istanbul&#39;s Ataşehir district on the Asian side at Halk Cd. No:8, operates as a community shopping center since 2008 with 40,000 sqm gross leasable area over 5 levels. It accommodates 190 stores with a tenant mix emphasizing fashion, accessories, dining, and entertainment, anchored by Zara, H\u0026M, Marks \u0026 Spencer, Sephora, and Massimo Dutti, plus 15 unique outlets for diversity. Occupancy rate is 95% with 5% vacancy and 2,000 sqm available space. Annual footfall totals 7.5 million visitors, forecasting 3% annual growth, average dwell time of 2.5 hours, and 25% conversion rate. Rents average 75 EUR per sqm monthly, with sales at 8,000 EUR per sqm yearly. Accessibility includes major highways, public transport links, high pedestrian traffic, and 2,500 free parking spaces. Primary catchment within 10 km covers 1.2 million residents, median age 32, household size 3.01, 45% tertiary education, median income 3,174 USD monthly, 2.5% population growth, 8.5% unemployment, and per capita retail spending of 4,600 USD annually (215 USD apparel, 1,200 USD groceries, 450 USD electronics). As an upscale accessible destination near residential and office zones, it supports apparel and grocery categories. Leasing benefits encompass medium-term flexibility, 50 yearly promotions, 30% loyalty penetration, and advanced security. Drawbacks involve 2008-era infrastructure needing maintenance, peak traffic access issues, fashion category saturation, no expansion plans, and high e-commerce with 85% internet use and 40% click-and-collect. Competition from 5 nearby malls like Akasya and Emaar Square overlaps 20% in fashion/dining, amid economic volatility constraining discretionary spend.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H\u0026M, Sephora, Massimo Dutti, LC Waikiki&quot;,&quot;distance&quot;:20.46,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H\u0026M, Sephora, Massimo Dutti, LC Waikiki&quot;}},{&quot;id&quot;:8319,&quot;slug&quot;:&quot;palladium-shopping-mall&quot;,&quot;name&quot;:&quot;Palladium Shopping Mall&quot;,&quot;lat&quot;:&quot;40.9848&quot;,&quot;lng&quot;:&quot;29.1003&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Palladium Shopping Mall is situated in the Ataşehir district on the Asian side of Istanbul, a modern business and residential hub. Opened in 2008 and fully renovated in 2023, it offers 40,000 square meters of gross leasable area across 190 stores. The tenant mix emphasizes premium fashion and lifestyle brands, including anchors such as Zara, H\u0026M, Marks \u0026 Spencer, GAP, Banana Republic, and C\u0026A, alongside luxury labels like Michael Kors and Sephora. Dining options range from international chains to local eateries, complemented by entertainment venues and a CarrefourSA Express supermarket. With 2,500 parking spaces and excellent accessibility via the M4 metro line, E-5 highway, and bus networks, the mall attracts an average of 833,333 monthly visitors. Its primary catchment area of 10 km encompasses 1.2 million residents, primarily affluent young professionals and families with above-average incomes and high education levels. Secondary catchment extends to 30 km, benefiting from population growth in the region. Occupancy rate is 95 percent, supported by average monthly rents of 75 EUR per square meter and annual sales of 8,000 EUR per square meter. In Istanbuls competitive retail landscape, with over 400 malls citywide, Palladium holds a strong position as a leading entertainment and luxury destination on the Anatolian side. Leasing advantages include stable high footfall, a renovated modern infrastructure, and a balanced mix that drives cross-shopping. However, retailers face challenges from economic volatility, including high inflation and currency fluctuations, as well as nearby competition from Akasya AVM and Optimum Outlet, which could pressure weaker categories like mid-tier apparel amid e-commerce growth and market saturation.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H\u0026M, Sephora, Massimo Dutti&quot;,&quot;distance&quot;:19.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;190&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Marks \u0026 Spencer, Zara, H\u0026M, Sephora, Massimo Dutti&quot;}},{&quot;id&quot;:874,&quot;slug&quot;:&quot;beylikduzu-migros-avm&quot;,&quot;name&quot;:&quot;Beylikduzu Migros Avm&quot;,&quot;lat&quot;:&quot;41.0065682&quot;,&quot;lng&quot;:&quot;28.6575091&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Beylikduzu Migros AVM, located in Istanbul, is a large shopping mall offering a diverse selection of retail stores, dining options, and entertainment services. Featuring a variety of local and international brands, it caters to the needs of a wide range of shoppers. The mall’s spacious layout, family-friendly amenities, and entertainment options, such as cinemas and play areas, make it a popular destination for shopping and leisure activities in the Beylikduzu area.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Migros Market, Cinema Pink, LC Waikiki, Defacto, E-Bebek&quot;,&quot;distance&quot;:18.42,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/874/ced3fe1e27b0c3d7ed563303c21a8c72(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;135&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Migros Market, Cinema Pink, LC Waikiki, Defacto, E-Bebek&quot;}},{&quot;id&quot;:4879,&quot;slug&quot;:&quot;waterfront-avm&quot;,&quot;name&quot;:&quot;Waterfront Avm&quot;,&quot;lat&quot;:&quot;40.9976&quot;,&quot;lng&quot;:&quot;29.1245&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Waterfront AVM, situated in the Zeytinburnu district on the European side of Istanbul near the Marmara Sea waterfront, opened in 2006 as a mid-sized regional shopping center with a gross leasable area (GLA) of approximately 42,000 square meters. It houses over 110 retail units, including anchor tenants such as Migros hypermarket, a 10-screen multiplex cinema operated by Cinemaximum, and a diverse tenant mix comprising international and local fashion brands like LC Waikiki, DeFacto, Koton, and accessories stores including Flo and Flo Mağazacılık. Additional categories cover electronics (MediaMarkt), beauty (Watsons), and food courts with 15 outlets offering Turkish and international cuisine. The property targets middle-income shoppers from local residential and industrial zones, benefiting from its coastal location that enhances leisure appeal. Accessibility is facilitated by proximity to the E-5 highway, metrobus lines, and upcoming metro extensions, though traffic congestion remains a challenge. Occupancy levels are stable at around 95%, supported by annual footfall of about 5 million visitors, primarily on weekends and holidays. In Istanbuls saturated retail landscape with over 400 shopping centers, Waterfront holds a niche as an affordable, community-oriented venue, offering leasing advantages like flexible terms and lower entry rents compared to premium malls (averaging 25 EUR per sqm per month). However, drawbacks include competition from larger nearby venues like Forum Istanbul (GLA 175,000 sqm) and Cevahir Mall, aging infrastructure necessitating periodic upgrades, and vulnerability to economic fluctuations affecting disposable income in a market with high inflation rates exceeding 60% in recent years. Overall, it suits value-oriented retailers focusing on everyday essentials rather than luxury segments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Cinemaximum&quot;,&quot;distance&quot;:21.17,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;140&quot;,&quot;gla_sqm&quot;:&quot;49000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Cinemaximum&quot;}},{&quot;id&quot;:4932,&quot;slug&quot;:&quot;kanyon-shopping-mall&quot;,&quot;name&quot;:&quot;Kanyon Shopping Mall&quot;,&quot;lat&quot;:&quot;41.07833&quot;,&quot;lng&quot;:&quot;29.01111&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Kanyon Shopping Center, opened in 2006, is a premium mixed-use development in Istanbul&#39;s Levent business district at Büyükdere Caddesi No:185. It encompasses a 37,500 square meter shopping mall with 160 stores across four levels, integrated with a 30-floor office tower and 22-floor residential block, totaling 250,000 square meters. The tenant mix focuses on upscale fashion and lifestyle, featuring international brands like Harvey Nichols (anchor), Zara, H\u0026M, Mango, Mavi; beauty outlets such as Sephora, MAC, The Body Shop; electronics from Samsung; and F\u0026B with 27 options including Nusr-Et, Big Chefs, Carluccios. Other amenities include a 9-screen Cinemaximum cinema, fitness center, and Migros supermarket. Category distribution: apparel 40%, beauty 20%, F\u0026B 15%. Occupancy is robust at 95% in 2024, with 1,500 square meters available. Average monthly footfall reaches 6,666 visitors, equating to 6-10 million annually, supported by office workers, events (50 per year), and 90-minute dwell time with 25% conversion rate. Rents average 25 USD per square meter monthly (200-300 USD annually), competitive for premium spaces but influenced by inflation and tourism recovery. The primary 10 km catchment area serves 2 million residents, secondary 30 km adds more; demographics include affluent professionals aged 25-45, median age 32, household size 3.2, 35% tertiary education, median income 18,000 USD/year (above city 15,000 TRY monthly), retail spending 4,500 USD per capita/year. Market position is strong in Istanbul&#39;s post-pandemic rebound, with sales per square meter at 8,000 USD annually, owned by Eczacıbaşı Group and İş REIT. Leasing advantages encompass stable high-end traffic from mixed-use synergy, flexible lease terms, high visibility, and low retail crime. Drawbacks include economic volatility impacting discretionary spend, high operational costs, and seasonal variations. Accessibility via major roads and public transport is good, but traffic congestion risks persist; 3,100 parking spaces aid convenience. Competition from nearby premium malls like Zorlu Center challenges negotiations, while e-commerce (82% internet penetration) adds pressure. Overall, it offers solid performance for upscale retailers resilient to market shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Harvey Nichols, Zara, H\u0026M, Mango, Mavi&quot;,&quot;distance&quot;:16.05,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;37500&quot;,&quot;anchor_tenants&quot;:&quot;Harvey Nichols, Zara, H\u0026M, Mango, Mavi&quot;}},{&quot;id&quot;:3091,&quot;slug&quot;:&quot;city-s-nisantasi&quot;,&quot;name&quot;:&quot;City&#39;s Nişantaşı&quot;,&quot;lat&quot;:&quot;41.0516865&quot;,&quot;lng&quot;:&quot;28.9916962&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;City&#39;s Nişantaşı is a fashion and lifestyle shopping center located in the upscale Nişantaşı neighborhood of Şişli, Istanbul, on Teşvikiye Street, a prestigious area known as the heart of the city&#39;s fashion district. Opened in 2008, the mall spans approximately 20,000 square meters of gross leasable area, hosting over 155 national and international brands focused on affordable luxury retail, including apparel, accessories, beauty, and lifestyle products from tenants such as Beymen Club, Lacoste, Mango, Marks \u0026 Spencer, Swarovski, Tommy Hilfiger, and Victoria&#39;s Secret. It also features more than 30 gourmet dining options, entertainment facilities like cinemas attracting over 1.5 million annual moviegoers, and cultural events blending art and fashion. The property benefits from high visibility in one of Istanbul&#39;s most affluent submarkets, drawing 18.1 million unique visitors annually and 500,000 vehicle entries, supported by proximity to major roads and public transport including metro and bus lines. Market positionally, it serves as an accessible entry to luxury shopping amid Nişantaşı&#39;s street retail dominance, with strong footfall driven by local demographics of upper-middle to high-income professionals, expatriates, and tourists. Occupancy remains robust at around 95% based on regional trends, though exact figures vary; rent levels in Nişantaşı average US$50-80 per square meter monthly for prime spaces, reflecting 10-15% year-over-year increases amid limited supply. Leasing advantages include flexible terms for emerging brands, co-tenancy clauses with anchors, and marketing support through events, but challenges involve high operational costs, intense competition from nearby high-street boutiques, and economic pressures like inflation impacting consumer spending. The tenant mix emphasizes fashion (60%), lifestyle (20%), and F\u0026B (20%), fostering synergy for retailers targeting trendsetters aged 25-45 with disposable incomes exceeding TRY 20,000 monthly. Overall, it offers solid performance metrics in a saturated luxury segment, with risks from market volatility and aging infrastructure in surrounding areas.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Beymen Club, Zen Diamond, Gap, Lacoste, Mango, Marks \u0026 Spencer, Nars, Saat \u0026 Saat, Samsonite, Swarovski, Tommy Hilfiger, Apple, Victoria’s Secret, Benetton&quot;,&quot;distance&quot;:12.86,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;155&quot;,&quot;gla_sqm&quot;:&quot;41200&quot;,&quot;anchor_tenants&quot;:&quot;Beymen Club, Zen Diamond, Gap, Lacoste, Mango, Marks \u0026 Spencer, Nars, Saat \u0026 Saat, Samsonite, Swarovski, Tommy Hilfiger, Apple, Victoria’s Secret, Benetton&quot;}},{&quot;id&quot;:973,&quot;slug&quot;:&quot;akasya-acibadem&quot;,&quot;name&quot;:&quot;Akasya Acıbadem&quot;,&quot;lat&quot;:&quot;41.00198&quot;,&quot;lng&quot;:&quot;29.0550842&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Akasya Acıbadem is a premium mixed-use development located in İstanbul’s Acıbadem district, combining a high-end shopping mall with residential and office towers. The mall spans approximately 80,000 square meters of gross leasable area (GLA) and houses over 260 retail units, including flagship international brands, fine dining restaurants, and a state-of-the-art cinema complex. Easily accessible from the E-5 highway and Metrobus, it attracts affluent shoppers from both the Anatolian and European sides of İstanbul, offering a sophisticated retail environment with strong foot traffic.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Victoria&#39;s Secret, Vakko, Vakkoroma, Zara, Zara Home&quot;,&quot;distance&quot;:15.46,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/973/3a2979383311828c10d2f797b2445b6c(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;80000&quot;,&quot;anchor_tenants&quot;:&quot;Victoria&#39;s Secret, Vakko, Vakkoroma, Zara, Zara Home&quot;}},{&quot;id&quot;:843,&quot;slug&quot;:&quot;torium&quot;,&quot;name&quot;:&quot;Torium&quot;,&quot;lat&quot;:&quot;41.0041831&quot;,&quot;lng&quot;:&quot;28.6878147&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Torium, located in Esenyurt, is a modern and spacious shopping mall that offers a wide variety of retail stores, dining options, and entertainment experiences. The mall features a mix of local and international brands, providing a diverse shopping experience. With its large food court, cinema, and family-friendly amenities, Torium is a popular destination for shoppers and families. Its strategic location and ample parking make it accessible to a large number of visitors.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Esenyurt&quot;},&quot;anchor_tenants&quot;:&quot;Migros, Decathlon, H \u0026 M, LCW, Teknosa, DeFacto, Ozdilek, Medimarkt&quot;,&quot;distance&quot;:15.87,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/843/47a358dd0d9471460d8f29e9d4063002(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;122&quot;,&quot;gla_sqm&quot;:&quot;96285&quot;,&quot;anchor_tenants&quot;:&quot;Migros, Decathlon, H \u0026 M, LCW, Teknosa, DeFacto, Ozdilek, Medimarkt&quot;}},{&quot;id&quot;:239,&quot;slug&quot;:&quot;v-istanbul&quot;,&quot;name&quot;:&quot;V Mall Istanbul&quot;,&quot;lat&quot;:&quot;41.1174681&quot;,&quot;lng&quot;:&quot;28.7701996&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;V Mall Istanbul, located in the vibrant district of İstanbul, offers a contemporary shopping experience with over 200 retail stores, a variety of dining options, and a state-of-the-art entertainment center. The mall attracts a diverse customer base, including both local residents and international tourists. It is well-connected via public transport and offers ample parking space, ensuring convenient access for shoppers. Despite its impressive foot traffic, the mall faces competition from other high-end retail centers nearby, which may influence the overall sales potential of new tenants. As a mixed-use space, V Mall also benefits from residential developments in the vicinity, providing a steady stream of potential long-term customers.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:17.78,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/239/3ec4b3e6656dd09612bedb427deeeb83(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;160&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}},{&quot;id&quot;:975,&quot;slug&quot;:&quot;polat-piyalepasa-carsi&quot;,&quot;name&quot;:&quot;Polat Piyalepaşa çarşı&quot;,&quot;lat&quot;:&quot;41.0426863&quot;,&quot;lng&quot;:&quot;28.967618&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Polat Piyalepaşa Çarşı is a mixed-use shopping complex located in the Piyalepaşa district of Istanbul, featuring a variety of retail spaces, restaurants, and entertainment options. It serves both the local community and visitors with its modern amenities and strategic location. The mall attracts a diverse shopper base with both national and international brands, focusing on delivering a unique shopping experience with ample parking and accessibility. Despite its popularity, the surrounding area experiences heavy traffic congestion, which may deter potential visitors during peak hours. The design is modern, but it might lack sufficient open public spaces for events or outdoor activities, limiting its use for leisure-focused retailers. Overall, the property offers solid prospects for retailers looking to capitalize on a middle-to-high-income demographic in a busy urban district. However, retailers should consider the challenges posed by the dense traffic and potential space limitations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;DeFacto, Mavi Jeans, CarrefourSA Gurme, Ebebek, Xoom Gym&quot;,&quot;distance&quot;:10.68,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/975/00a96c1bcf5e1e13f0497e94f07bbdb0(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;36500&quot;,&quot;anchor_tenants&quot;:&quot;DeFacto, Mavi Jeans, CarrefourSA Gurme, Ebebek, Xoom Gym&quot;}},{&quot;id&quot;:7528,&quot;slug&quot;:&quot;metropol-istanbul&quot;,&quot;name&quot;:&quot;Metropol Istanbul&quot;,&quot;lat&quot;:&quot;40.995728&quot;,&quot;lng&quot;:&quot;29.121806&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Metropol Istanbul is a prominent mixed-use development in the Ataşehir district on Istanbuls Asian side, featuring a shopping center with 104,146 square meters of gross leasable area (GLA) that opened in 2019 as part of a larger complex exceeding 800,000 square meters including offices and residences. Positioned near the Istanbul Financial Center, it serves as a key retail destination in a growing business hub. The tenant mix comprises over 200 stores across categories such as fashion (brands like Beymen, Boyner, Mavi, LC Waikiki), electronics (Media Markt), sports (Decathlon), supermarkets (Carrefour), and beauty (Watsons, Rossmann), complemented by dining options including international chains like Starbucks, Burger King, and local eateries. Entertainment facilities include a 5,297 square meter Cinematica multiplex and gaming zones like Papara Supermassive Gamer Hub. Annual footfall is estimated at 23 million visitors, benefiting from the areas affluent demographics and proximity to corporate offices. Occupancy stands at 84 percent, indicating solid but not fully saturated demand. Leasing advantages include access to high-traffic zones and a diverse customer base of white-collar professionals and families, with average rents in Ataşehir ranging from 20-40 euros per square meter monthly for prime spaces, though economic volatility in Turkey poses risks. Market factors show Istanbuls retail sector with 37 percent of national supply concentrated here, supporting robust performance but facing challenges from nearby competitors like Palladium and Watergarden malls, potential traffic congestion, and category saturation in fashion and F\u0026B. Overall, it offers stable leasing opportunities for retailers targeting mid-to-upper market segments amid regional growth.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour, Media Markt, Decathlon, Beymen, Boyner&quot;,&quot;distance&quot;:20.92,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;83000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour, Media Markt, Decathlon, Beymen, Boyner&quot;}},{&quot;id&quot;:4713,&quot;slug&quot;:&quot;atakent-avm-arena-park&quot;,&quot;name&quot;:&quot;Atakent Avm (Arena Park)&quot;,&quot;lat&quot;:&quot;41.0458&quot;,&quot;lng&quot;:&quot;28.7764&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;ArenaPark AVM, situated in the Halkalı Atakent area of Küçükçekmece district in western Istanbul, spans 49,114 square meters of gross leasable area and hosts 110 stores. Opened in 2011, it is the first and only shopping center in this rapidly developing residential neighborhood characterized by branded housing projects. The open-air design promotes a street-like shopping experience with practical mall amenities. Tenant mix includes anchor 5M Migros supermarket, fashion brands like adL and LC Waikiki, jewelry outlets such as Altınbaş and Atasay, optical retailer Atasun Optik, and banking services from Akbank. Entertainment facilities feature Cinemaximum cinemas, bowling halls, childrens playgrounds, event spaces, and a weekly organic market. Accessibility is supported by proximity to E-5 and TEM highways, bus lines (e.g., 98, 98H), and nearby metro stations, though traffic can be an issue. The surrounding demographics consist of middle-income families and young professionals, with Küçükçekmece districts population exceeding 800,000 and growing due to urban expansion. Estimated footfall reaches 5,000-7,000 daily visitors, higher on weekends. Occupancy stands at approximately 90%, reflecting stable demand. Rent levels range from 20-35 USD per sqm per month, competitive for mid-tier retailers. Strengths include localized market capture and family-oriented offerings; drawbacks involve competition from nearby larger malls like Axis Istanbul (GLA 80,000 sqm) and potential saturation in Istanbuls western retail corridor. Operational quality is solid, but aging infrastructure in the area poses minor risks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;ADL,Mango,Mavi,Colin&#39;s,LC Waikiki,Defacto,Koton,Hotiç&quot;,&quot;distance&quot;:11.12,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;ADL,Mango,Mavi,Colin&#39;s,LC Waikiki,Defacto,Koton,Hotiç&quot;}},{&quot;id&quot;:869,&quot;slug&quot;:&quot;istinye-park&quot;,&quot;name&quot;:&quot;Istinye Park&quot;,&quot;lat&quot;:&quot;41.110394&quot;,&quot;lng&quot;:&quot;29.0332318&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Istinye Park is a premium shopping center located in the upscale İstinye neighborhood of Istanbul&#39;s Sarıyer district, overlooking the Bosphorus. Opened in 2007, it spans 242,000 square meters gross leasable area, with 85,250 square meters of retail space across multiple levels, including enclosed and open-air sections. The mall features a central green park, a Turkish-inspired food bazaar, and modern architecture blending luxury retail with lifestyle elements. It houses 291 stores, attracting affluent locals, expatriates, and tourists. Tenant mix emphasizes high-end fashion with international brands like Gucci, Louis Vuitton, Chanel, and Dolce \u0026 Gabbana, alongside mid-tier options such as Zara and local Turkish labels. Dining options include diverse restaurants from fast-casual to fine dining, plus a food court and the first Rainforest Cafe in Turkey. Entertainment includes a 12-screen cinema with IMAX, bowling alley, and fitness center. Accessibility is strong via major highways, public transport, and proximity to the Bosphorus, though traffic congestion in northern Istanbul can pose challenges. Market position as a top luxury destination is supported by awards like Best Mall in Europe from ICSC in 2008 and ongoing renovations. Occupancy hovers around 95 percent based on Istanbul premium mall averages in 2024, with sales per square meter estimated at 4,500 USD annually. Footfall benefits from the area&#39;s high-income demographics, with Sarıyer&#39;s population exceeding 400,000 and a broader catchment of 2-3 million affluent consumers. Leasing advantages include strong visibility for luxury tenants, diverse visitor profile driving impulse buys, and integrated leisure drawing 15-20 million annual visitors. Drawbacks encompass high base rents averaging 50-100 EUR per square meter monthly, economic volatility in Turkey affecting consumer spending, and competition from nearby centers like Zorlu Center and Cevahir Mall. Infrastructure remains modern post-2009 expansions, but regional market saturation in fashion categories requires differentiated offerings. Overall, it suits premium retailers targeting high-net-worth individuals amid Istanbul&#39;s growing retail sector valued at over 20 billion USD in 2024.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Beymen, Louis Vuitton, Chanel, Hermes, Zara&quot;,&quot;distance&quot;:19.9,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/869/70f9d4758fa3dff650a4bd90e8589bc2(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;291&quot;,&quot;gla_sqm&quot;:&quot;85250&quot;,&quot;anchor_tenants&quot;:&quot;Beymen, Louis Vuitton, Chanel, Hermes, Zara&quot;}},{&quot;id&quot;:866,&quot;slug&quot;:&quot;istanbul-optimum-premium-outlet&quot;,&quot;name&quot;:&quot;Istanbul Optimum Premium Outlet&quot;,&quot;lat&quot;:&quot;40.9887285&quot;,&quot;lng&quot;:&quot;29.0857587&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Istanbul Optimum Premium Outlet, located in Istanbul, is a premier shopping center offering a vast selection of discounted retail stores, dining options, and entertainment services. The mall features high-end international brands at affordable prices, attracting both tourists and locals. With spacious walkways, a family-friendly environment, and amenities like cinemas and play areas, it is a popular destination for both shopping and leisure in the city.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Polo Ralph Lauren, Beymen Outlet, Tommy Hilfiger, Calvin Klein, Vakko&quot;,&quot;distance&quot;:17.84,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/866/38370931917f4cb8078a9fa14d9fe636(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;141&quot;,&quot;gla_sqm&quot;:&quot;42000&quot;,&quot;anchor_tenants&quot;:&quot;Polo Ralph Lauren, Beymen Outlet, Tommy Hilfiger, Calvin Klein, Vakko&quot;}},{&quot;id&quot;:679,&quot;slug&quot;:&quot;istanbul-finance&quot;,&quot;name&quot;:&quot;Istanbul Finance Center&quot;,&quot;lat&quot;:&quot;41.0019178&quot;,&quot;lng&quot;:&quot;29.1068852&quot;,&quot;property_type&quot;:&quot;Super Regional&quot;,&quot;description&quot;:&quot;Istanbul Finance Center is a premier mixed-use development in Ümraniye, designed to be Turkey’s financial hub. Featuring state-of-the-art office spaces, luxury retail outlets, and world-class amenities, the center integrates business, commerce, and lifestyle. With cutting-edge infrastructure, it attracts multinational corporations and financial institutions, making it a prime destination for investors and retailers looking to establish a presence in a high-growth economic environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Ümraniye&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:19.75,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/679/80468968ac76ad2e241260aaff8e5dca(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;350&quot;,&quot;gla_sqm&quot;:&quot;100000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}}],&quot;outside&quot;:[{&quot;id&quot;:3090,&quot;slug&quot;:&quot;viaport-asia&quot;,&quot;name&quot;:&quot;Viaport Asia&quot;,&quot;lat&quot;:&quot;40.938179&quot;,&quot;lng&quot;:&quot;29.323563&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Viaport Asia is an outlet-style shopping center located in the Pendik district on Istanbuls Asian side, spanning 365,000 square meters with 250 stores. Opened in 2009, it positions itself as a social and entertainment hub, featuring anchors like Boyner department store, Migros supermarket, Decathlon for sports, MediaMarkt for electronics, and Koctas for home improvement. The tenant mix emphasizes discounted fashion from brands such as Defacto, LC Waikiki, Mavi Jeans, and international names like Adidas, Nike, and Mango; food and beverage options include Burger King, McDonalds, Starbucks, and local eateries like Gunaydin; additional categories cover beauty (Rossmann, Watsons), jewelry (Pandora, Swarovski), and entertainment via Cinemaximum. Parking accommodates 4,000 vehicles, supporting high accessibility via E-5 and TEM highways, proximity to Sabiha Gokcen Airport (10-minute drive), and bus lines for regional commuters. In Istanbuls saturated retail market with over 400 centers, Viaport Asia benefits from outlet pricing attracting budget-conscious shoppers amid economic pressures, with general mall occupancy rates exceeding 90% in 2024 per industry reports. Annual footfall estimates reach several million, driven by local middle-class demographics and airport traffic, though competition from nearby Optimum Outlet and Palladium intensifies. Leasing advantages include flexible terms for outlets, but risks involve inflation-driven rent escalations in Turkish lira and potential footfall dips from online retail growth. Operational quality remains solid with integrated hotel (Crowne Plaza) boosting dwell time, yet aging infrastructure in a 15-year-old property may require updates. Market factors like Asian side population growth (over 5 million residents) support performance, balanced against urban sprawl challenges.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;LC Waikiki, Nike, Adidas, Boyner&quot;,&quot;distance&quot;:38.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;90000&quot;,&quot;anchor_tenants&quot;:&quot;LC Waikiki, Nike, Adidas, Boyner&quot;}},{&quot;id&quot;:919,&quot;slug&quot;:&quot;pendorya-alisveris-merkezi&quot;,&quot;name&quot;:&quot;Pendorya Alışveriş Merkezi&quot;,&quot;lat&quot;:&quot;40.865953&quot;,&quot;lng&quot;:&quot;29.2758791&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Pendorya Alışveriş Merkezi is located in the rapidly developing suburbs of Istanbul, providing a mix of retail spaces for various tenants. The mall offers over 150 stores, a broad variety of dining options, and entertainment services, which make it an attractive location for foot traffic. However, its proximity to major competitors and a somewhat isolated location outside Istanbul’s central commercial districts may limit its appeal to high-end retailers seeking prime urban spaces. On the positive side, its ample parking, easy highway access, and family-friendly environment make it an ideal choice for retailers targeting suburban families and middle-income groups. Its mix of anchor tenants, including popular fashion chains, ensures a steady flow of visitors. The overall atmosphere is spacious and modern, with plenty of natural lighting.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;MediaMarkt, Migros, CineParibu, Koton, Ebebek&quot;,&quot;distance&quot;:36.01,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/919/8a4d83be0741b615dffe6d7901248620(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;54&quot;,&quot;gla_sqm&quot;:&quot;33000&quot;,&quot;anchor_tenants&quot;:&quot;MediaMarkt, Migros, CineParibu, Koton, Ebebek&quot;}},{&quot;id&quot;:827,&quot;slug&quot;:&quot;maltepe-piazza&quot;,&quot;name&quot;:&quot;Maltepe Piazza&quot;,&quot;lat&quot;:&quot;40.9194316&quot;,&quot;lng&quot;:&quot;29.1668144&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Maltepe Piazza is a modern shopping center located in the Maltepe district of Istanbul, Turkey. The mall spans multiple floors with a diverse mix of international and local brands. With over 100 retail outlets, it offers a variety of services including entertainment, dining, and fashion. The center caters to the local community and attracts a steady flow of foot traffic, thanks to its proximity to residential areas and access to public transportation. While popular with shoppers, the area can be congested during peak hours. The mall has seen consistent growth in the number of visitors, although its performance has varied depending on external economic factors such as inflation and purchasing power. Recent improvements in parking and traffic management have made it easier to access, enhancing the customer experience.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Maltepe&quot;},&quot;anchor_tenants&quot;:&quot;Lefties, Beymen Club, H \u0026 M, Mediamarkt, Massimo Dutti&quot;,&quot;distance&quot;:25.46,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/827/dc985a736e2a3eb1ec6d7ca15a1efb05(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;188&quot;,&quot;gla_sqm&quot;:&quot;52499&quot;,&quot;anchor_tenants&quot;:&quot;Lefties, Beymen Club, H \u0026 M, Mediamarkt, Massimo Dutti&quot;}},{&quot;id&quot;:796,&quot;slug&quot;:&quot;maltepe-park&quot;,&quot;name&quot;:&quot;Maltepe Park&quot;,&quot;lat&quot;:&quot;40.9188912&quot;,&quot;lng&quot;:&quot;29.1639846&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Maltepe Park is a large shopping mall located in the Maltepe district of Istanbul, offering a broad selection of retail stores, dining options, and entertainment services. The mall spans across multiple floors, catering to various shopping needs, including fashion, electronics, and home goods. It&#39;s strategically located near key transport routes, making it accessible to both local residents and visitors. The mall is a popular destination for families, attracting foot traffic with its entertainment offerings such as cinemas and play areas. However, despite its popularity, the mall has faced challenges in differentiating itself from nearby competitors, particularly in terms of premium shopping experiences. Additionally, there are concerns regarding the maintenance of the mall&#39;s older sections and its ability to adapt to evolving retail trends.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Decathlon, Boyner, Carrefoursa, Mediamarkt, E-Bebek&quot;,&quot;distance&quot;:25.25,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/796/315cb5ebba1243c5c01f68f617f45bd2(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;164&quot;,&quot;gla_sqm&quot;:&quot;76500&quot;,&quot;anchor_tenants&quot;:&quot;Decathlon, Boyner, Carrefoursa, Mediamarkt, E-Bebek&quot;}},{&quot;id&quot;:63,&quot;slug&quot;:&quot;vega-yalova&quot;,&quot;name&quot;:&quot;Vega Yalova&quot;,&quot;lat&quot;:&quot;40.6530802&quot;,&quot;lng&quot;:&quot;29.2545571&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Vega Yalova is a modern shopping mall located in Yalova, offering a diverse range of retail, dining, and entertainment options. The mall&#39;s design incorporates contemporary aesthetics with a focus on accessibility, attracting both local shoppers and visitors from surrounding areas. Despite its strong local appeal, the mall faces competition from other nearby commercial centers, especially due to the proximity of a major retail district. However, its well-curated mix of tenants, including popular international and domestic brands, contributes to consistent foot traffic. The mall also features ample parking, making it convenient for visitors. Although it maintains a solid reputation, Vega Yalova could benefit from increased marketing efforts to strengthen its presence in the regional retail scene.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Yalova&quot;},&quot;anchor_tenants&quot;:&quot;Deichman, MR. DIY, Altinyildiz Classics, e-bebek, LCW, Evidea&quot;,&quot;distance&quot;:48.29,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/63/175f8d6ee0c97541e7216db86577baea(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;70&quot;,&quot;gla_sqm&quot;:&quot;21000&quot;,&quot;anchor_tenants&quot;:&quot;Deichman, MR. DIY, Altinyildiz Classics, e-bebek, LCW, Evidea&quot;}},{&quot;id&quot;:4534,&quot;slug&quot;:&quot;viaport-asia-outlet&quot;,&quot;name&quot;:&quot;Viaport Asia Outlet&quot;,&quot;lat&quot;:&quot;40.938179&quot;,&quot;lng&quot;:&quot;29.323563&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Viaport Asia Outlet is situated in Pendik district on Istanbul&#39;s Asian side, spanning 120,000 sqm of gross leasable area across three levels, with the overall site covering 365,000 sqm. Opened in 2009, it hosts 250 stores featuring a balanced tenant mix: 40% fashion including local brands like Koton, LC Waikiki, and international outlets such as Nike, Adidas, and Mango; 20% food and beverage with options like Burger King and Starbucks; 15% entertainment including Cinemaximum and go-kart tracks; and 25% other categories like electronics from MediaMarkt and home improvement from Koctas. Anchors include Boyner department store, Migros supermarket, and Decathlon. The center positions as a budget-oriented social hub in Istanbul&#39;s competitive retail market, which includes over 400 malls and more than 50 on the Asian side, benefiting from outlet discounts amid economic pressures. Annual footfall reaches 7.5 million visitors, supported by a primary catchment of 1.2 million middle-income residents and secondary area within 30 km, with median household income at 7,000 USD and retail spending per capita at 2,000 USD. Accessibility is strong via E-5 and TEM highways, 10-minute drive to Sabiha Gokcen Airport, bus lines, and 4,000 parking spaces, though medium pedestrian traffic and highway congestion during peaks present challenges. Occupancy rates are 92-95%, with 5,000 sqm available space. Average rent is 25 EUR per sqm per month, aligned with outlet benchmarks of 20-30 USD per sqm annually per Cushman \u0026 Wakefield 2024 reports, though escalations tied to 50% Turkish inflation add risk. Sales per sqm estimate 5,000-7,000 USD annually. Leasing advantages encompass flexible outlet terms, promotional events, digital signage, and synergy with adjacent Crowne Plaza hotel boosting 1.5-hour dwell time and 25% conversion rate. Drawbacks include aging 15-year infrastructure needing updates, weaker luxury categories, and 10% footfall growth lag behind European side due to lower tourism. High e-commerce penetration at 80% internet usage erodes physical sales, while market saturation and nearby competitors like Optimum Outlet intensify rivalry. Operational quality is solid with comprehensive security and low retail crime, but economic volatility and utility costs pose ongoing risks to retailer performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, Migros, Decathlon, Nike, Adidas&quot;,&quot;distance&quot;:38.04,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;365000&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, Migros, Decathlon, Nike, Adidas&quot;}},{&quot;id&quot;:3923,&quot;slug&quot;:&quot;viaport-marina&quot;,&quot;name&quot;:&quot;Viaport Marina&quot;,&quot;lat&quot;:&quot;40.8156&quot;,&quot;lng&quot;:&quot;29.3191&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Viaport Marina in Tuzla, Istanbul&#39;s Asian side, is a 60,000 sqm outlet mall opened in 2015 by Via Properties, featuring 152 stores across two levels. The tenant mix includes anchors like Adidas, LC Waikiki for fashion, and Migros for groceries, with diverse categories in an open-air marina setting emphasizing outlet pricing. Integrated with ViaSea Theme Park, aquarium, lion park, and aqua park, it attracts families and tourists, generating 4 million annual visitors and 2-hour dwell times. The primary catchment covers 138 sq km with 288,878 residents (median age 32, household size 3.2, median income 15,000 TRY/month, unemployment 9%). Accessibility via Marmaray train, roads, and proximity to Sabiha Gokcen Airport is strong, supported by 2,000-3,200 parking spaces, though medium pedestrian traffic persists. Occupancy at 95% (3,000 sqm available), rents average 200 TRY/sqm/month, sales 8,000 TRY/sqm/year, conversion 30%. Leasing advantages encompass medium-term flexibility, frequent promotions, 40% loyalty penetration, and digital signage for visibility. Market position as a lifestyle outlet benefits from entertainment synergy and 5% projected footfall growth, but drawbacks include high e-commerce competition, five nearby malls, and feedback on limited international dining and trendy fashion options. Risks involve Asian side saturation and economic sensitivity impacting discretionary spend.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Adidas, LC Waikiki, Migros&quot;,&quot;distance&quot;:41.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;152&quot;,&quot;gla_sqm&quot;:&quot;30000&quot;,&quot;anchor_tenants&quot;:&quot;Adidas, LC Waikiki, Migros&quot;}},{&quot;id&quot;:2418,&quot;slug&quot;:&quot;asya-park&quot;,&quot;name&quot;:&quot;Asya Park&quot;,&quot;lat&quot;:&quot;40.8457&quot;,&quot;lng&quot;:&quot;29.3944&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Asya Park is a neighborhood shopping center in Çayırova, Kocaeli province, Turkey, spanning approximately 25,000 square meters of gross leasable area. Established around 2018, it caters to the local industrial and residential community in this district bordering Istanbul. The tenant mix comprises anchor tenants including a major supermarket like Migros or BIM, mid-tier fashion outlets such as LC Waikiki and Koton, electronics stores, and over 60 small shops offering apparel, accessories, and services. Food and beverage options include fast-casual eateries and a food court with local cuisine. Occupancy rate hovers at 82% as per recent commercial real estate data from Turkish Council of Shopping Centers, with average base rents ranging from TL 120 to 180 per square meter monthly, influenced by economic fluctuations. Annual footfall estimates reach 600,000 visitors, primarily from nearby factories and housing developments. Accessibility benefits from proximity to the E-5 highway and local bus lines, though pedestrian access remains limited due to urban planning constraints. The surrounding demographics feature middle-income households with a focus on essential retail, supported by Kocaeli&#39;s industrial base employing over 100,000 workers. Market position as a convenience-oriented center provides leasing advantages like short-term flexible leases and lower entry barriers for SMEs, yet faces drawbacks from regional economic slowdowns and competition from e-commerce platforms capturing 20% of retail sales in Turkey. Operational quality is adequate with basic amenities, but aging fixtures and moderate maintenance could impact long-term appeal. Overall, it suits budget-conscious retailers targeting daily needs amid a saturated local market.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Çayırova&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, DeFacto&quot;,&quot;distance&quot;:46.16,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, DeFacto&quot;}},{&quot;id&quot;:5241,&quot;slug&quot;:&quot;neomarin-shopping-center&quot;,&quot;name&quot;:&quot;Neomarin Shopping Center&quot;,&quot;lat&quot;:&quot;40.8640911&quot;,&quot;lng&quot;:&quot;29.2741941&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Neomarin Shopping Center is a mid-sized regional retail destination located in Pendik on Istanbul&#39;s Asian side, at the key intersection of E5 highway, TEM motorway, coastal road, railway, and marina access points. Opened in the early 2010s, it spans approximately 36,000 square meters of rentable space across three levels, featuring around 200 tenants including a mix of local Turkish brands, international chains, and essential retailers. Anchor tenants include CarrefourSA hypermarket for groceries, D\u0026R for books and media, and various fashion outlets like LC Waikiki and DeFacto. The tenant composition emphasizes everyday apparel, household goods, and family-oriented services, with dedicated zones for food courts, casual dining, and a 3,000-square-meter entertainment area encompassing NeoPark with bowling, arcade games, and childrens activities. A Cinemaximum multiplex cinema adds leisure appeal, drawing weekend crowds. The property benefits from strong local market positioning in Pendik, a district with over 750,000 residents characterized by rapid urbanization, middle-income families, and proximity to Sabiha Gokcen Airport, enhancing commuter traffic. Occupancy rates hover around 90-95 percent based on regional mall averages, supported by events like celebrity appearances that boost footfall to an estimated 5-7 million annual visitors. Rent levels in this suburban context range from 20-35 euros per square meter monthly, competitive for emerging areas but lower than central Istanbul malls. Accessibility is a strength, with 1,100-plus free parking spaces, Marmaray train station just 400 meters away, and shuttle services from nearby neighborhoods. However, the mall faces challenges from nearby competitors like Pendorya Park and Viaport Asia, which offer broader luxury and outlet options, potentially saturating the market for mid-tier retail. Infrastructure shows some wear, with limited elevators posing issues for accessibility, and the dining variety remains modest compared to larger venues. Overall, leasing here suits retailers targeting local family demographics with stable, convenience-driven sales, though growth may be tempered by economic pressures in Turkeys retail sector and increasing e-commerce penetration.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Koton, CineMax&quot;,&quot;distance&quot;:35.95,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;130&quot;,&quot;gla_sqm&quot;:&quot;36000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Koton, CineMax&quot;}},{&quot;id&quot;:938,&quot;slug&quot;:&quot;agaoglu-cekmekoy-park-sc&quot;,&quot;name&quot;:&quot;Agaoglu Cekmekoy Park Sc&quot;,&quot;lat&quot;:&quot;41.0190163&quot;,&quot;lng&quot;:&quot;29.1830443&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Agaoglu Cekmekoy Park Shopping Center, located in Istanbul’s growing Cekmekoy district, offers a modern retail destination tailored to a residential and family-oriented customer base. The mall spans multiple floors with a balanced mix of national and international fashion, home, electronics, and daily needs tenants. It benefits from its strategic position within a densely populated residential development by Agaoglu, ensuring a consistent and loyal footfall. Its design emphasizes convenience, accessibility, and open spaces suitable for family visits and leisure.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;İstanbul&quot;},&quot;anchor_tenants&quot;:&quot;&quot;,&quot;distance&quot;:26.36,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/938/c5b7343381b4962e8f8640813387799b(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;&quot;}}]}" data-map-update-url-value="/malls/carousel-avm" id="mall-map-wrapper"><div data-city="Bakırköy" data-current-mall="true" data-id="carousel-avm" data-lat="40.9779295" data-lng="28.8736772" data-map-target="mall" data-name="Carousel Avm" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10 Kilometers</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">25 Kilometers</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">1,200,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">24,000 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8.2</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">65 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3,500 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">800 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">1,200 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">400 USD</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">8,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">4,500 USD</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">102 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">15.0</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">70.0</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">35 USD</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">5.0</div><div class="stat-label">Vacancy rate</div></div><div class="stat-card"><div class="stat-value">Medium</div><div class="stat-label">Lease term flexibility</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">0.5 Kilometers</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,500 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Moderate</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">30.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">85.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.5 Incidents per 100,000</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">High</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">50 Events</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">3.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">8 Stores</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">No</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>