<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="40.2071667" data-lng="28.995977" data-map-catchment-data-value="{&quot;lat&quot;:&quot;40.2071667&quot;,&quot;lng&quot;:&quot;28.995977&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;Primary trade area radius for the mall in Nilüfer, Bursa&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;25 Kilometers&quot;,&quot;description&quot;:&quot;Secondary trade area radius extending further from the mall&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;1,200,000 People&quot;,&quot;description&quot;:&quot;Estimated total population within primary and secondary catchment areas in Bursa region&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Annual population growth rate in Bursa metropolitan area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;35 Years&quot;,&quot;description&quot;:&quot;Median age of residents in Nilüfer district, Bursa&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;3.2 Persons&quot;,&quot;description&quot;:&quot;Average household size in Bursa province&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Percentage of population with tertiary education in Bursa region&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;18,000 USD&quot;,&quot;description&quot;:&quot;Estimated median annual household income in Nilüfer, Bursa&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;8.5&quot;,&quot;description&quot;:&quot;Current unemployment rate in Turkey, applicable to Bursa&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;55 Index&quot;,&quot;description&quot;:&quot;Cost of living index for Bursa relative to Istanbul (100)&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;1,200 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;674 USD&quot;,&quot;description&quot;:&quot;Annual spending on apparel per capita in region&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;800 USD&quot;,&quot;description&quot;:&quot;Annual spending on groceries per capita in region&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;300 USD&quot;,&quot;description&quot;:&quot;Annual spending on electronics per capita in region&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;3,000,000 Visitors&quot;,&quot;description&quot;:&quot;Estimated annual visitors based on similar Bursa malls&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;120 Minutes&quot;,&quot;description&quot;:&quot;Average time visitors spend in the mall&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;20.0&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;10,583 TL per sqm&quot;,&quot;description&quot;:&quot;Annual sales revenue per square meter of leasable area&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;100 Stores&quot;,&quot;description&quot;:&quot;Total number of retail outlets in the mall&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Presence of major anchor tenants like Migros and Decathlon&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;Medium Density&quot;,&quot;description&quot;:&quot;Medium density of competing malls within 10km&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;High Diversity&quot;,&quot;description&quot;:&quot;High diversity including fashion, groceries, sports, and leisure&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;IMAX Cinema Unique&quot;,&quot;description&quot;:&quot;Unique entertainment options like IMAX cinema&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;66,500 sqm&quot;,&quot;description&quot;:&quot;Total gross leasable area of the shopping center&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;3 Levels&quot;,&quot;description&quot;:&quot;Number of retail floors in the mall&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;25 EUR per sqm monthly&quot;,&quot;description&quot;:&quot;Average monthly rent for prime retail spaces&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;5.0&quot;,&quot;description&quot;:&quot;Current vacancy rate in the mall&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;High Flexibility&quot;,&quot;description&quot;:&quot;Flexible lease terms offered to tenants&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;2,000 sqm&quot;,&quot;description&quot;:&quot;Current available leasable space&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;High Proximity&quot;,&quot;description&quot;:&quot;Close to major roads in Nilüfer district&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Excellent Access&quot;,&quot;description&quot;:&quot;BursaRay metro station 300m away, multiple bus routes&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;1,700 Spaces&quot;,&quot;description&quot;:&quot;Total parking capacity for vehicles&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Traffic&quot;,&quot;description&quot;:&quot;High pedestrian access due to urban location&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;High Competition&quot;,&quot;description&quot;:&quot;Strong e-commerce growth impacting physical retail&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;30.0&quot;,&quot;description&quot;:&quot;Adoption rate of click-and-collect services in Turkey&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;82.0&quot;,&quot;description&quot;:&quot;Internet penetration rate in Turkey&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;Low Rate&quot;,&quot;description&quot;:&quot;Low retail crime in Bursa malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;X-ray checks Measures&quot;,&quot;description&quot;:&quot;Security includes X-ray screening at entrances&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Multiple Events&quot;,&quot;description&quot;:&quot;Regular promotional and seasonal events&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Estimated penetration of mall loyalty programs&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Presence&quot;,&quot;description&quot;:&quot;Digital signage used for marketing&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;2.0&quot;,&quot;description&quot;:&quot;Annual projected increase in foot traffic&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;5 Tenants&quot;,&quot;description&quot;:&quot;Planned new tenants in the pipeline&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;nan Plans&quot;,&quot;description&quot;:&quot;No major expansion plans currently announced&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[{&quot;id&quot;:3285,&quot;slug&quot;:&quot;optimum-bursa&quot;,&quot;name&quot;:&quot;Optimum Bursa&quot;,&quot;lat&quot;:&quot;40.2211&quot;,&quot;lng&quot;:&quot;29.0206&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Optimum Bursa is a contemporary outlet-style shopping center situated in the Nilufer district of Bursa, Turkey, with a gross leasable area of about 45,000 square meters. Established in 2018, it positions itself as an affordable retail hub targeting value-conscious shoppers in this industrial powerhouse city. The tenant mix comprises over 90 stores, featuring outlet versions of global brands such as Nike, Adidas, and Mango, complemented by local chains like Koton and Flo for footwear, a Migros supermarket as anchor, electronics from MediaMarkt, and a food court with 15 eateries offering Turkish and international cuisine. Bursas metropolitan area, home to 3.2 million residents as of 2025, boasts a demographic of middle-income families, young professionals in automotive and textile sectors, and seasonal tourists from nearby Uludag mountain. The property maintains high occupancy at 92% according to recent commercial real estate reports, with annual footfall estimated at 5 million visitors, driven by promotional events and proximity to residential developments. Rent levels average 25-40 USD per square meter monthly, providing attractive entry points for mid-tier retailers amid Turkeys recovering economy post-inflation. Accessibility is facilitated by the O-5 highway and local bus networks, though expansion of metro lines could further enhance reach. Strengths include cost-effective leasing with turnover rent options and collaborative marketing, while drawbacks encompass competition from established malls like Korupark, potential infrastructure wear, and market risks from e-commerce penetration and economic volatility affecting consumer spending in non-essential categories.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;LC Waikiki, Adidas, Nike, Migros&quot;,&quot;distance&quot;:2.6,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;LC Waikiki, Adidas, Nike, Migros&quot;}},{&quot;id&quot;:5243,&quot;slug&quot;:&quot;sur-yapi-marka-city&quot;,&quot;name&quot;:&quot;Sur Yapı Marka City&quot;,&quot;lat&quot;:&quot;40.2071667&quot;,&quot;lng&quot;:&quot;28.995977&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Sur Yapı Marka City is a super regional shopping center in the Nilüfer district of Bursa, Turkey, opened in 2017 with a gross leasable area of 66,500 square meters across five floors, accommodating around 250 stores. Owned by Sur Yapı, it forms part of a mixed-use development including 316 luxury residential units and office spaces on a 75,000 square meter site, located 8 km from the city center. The surrounding area within a 10 km radius has a population of 1.2 million, with an average age of 32 years, household size of 3.3 persons, and 1.5% annual growth rate, featuring young professionals, families, and affluent residents near industrial and tourism hubs in a city of over 3 million. Tenant mix allocates 40% to fashion with brands like Zara, LC Waikiki, and Koton; groceries anchored by Migros; sports via Decathlon; department store Boyner; and electronics/home goods. Entertainment includes IMAX cinema, gaming zones, and food court with Starbucks and international options. Occupancy stands at 90-95%, supported by daily footfall of 27,225 visitors, annual traffic of 8 million, and 2.5-hour average dwell time. Rent levels range from 20-30 EUR per square meter monthly for prime spaces. Accessibility is strong with BursaRay metro station 300 meters away, multiple bus routes, and 1,700 parking spaces. In Bursas saturated retail market with over 15 competing centers, it holds a solid position through modern infrastructure, free WiFi, and event-driven marketing. Leasing advantages encompass flexible space options up to 3,000 square meters, high visibility from residential integration creating captive audiences, and synergies with entertainment anchors that boost cross-shopping and promotional activities, though economic pressures may influence negotiations.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki, Migros, Zara, Decathlon&quot;,&quot;distance&quot;:0.0,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;75000&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki, Migros, Zara, Decathlon&quot;}},{&quot;id&quot;:2797,&quot;slug&quot;:&quot;zafer-plaza&quot;,&quot;name&quot;:&quot;Zafer Plaza&quot;,&quot;lat&quot;:&quot;40.18758&quot;,&quot;lng&quot;:&quot;29.05951&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Zafer Plaza, situated in central Bursa, Turkey&#39;s fifth-largest city, opened in 1999 as the area&#39;s first shopping mall and underwent renovations in 2009. It covers 57,122 square meters total, with 20,850 square meters of gross leasable area accommodating 120 stores across three underground retail levels. Anchored by Boyner, LC Waikiki, and Migros, the tenant mix encompasses apparel, electronics, food and beverage, and entertainment facilities including a six-screen Cinetech cinema and children&#39;s park, targeting all income levels with emphasis on youth trends. Positioned at a key intersection of metro, tram, and bus lines in Osmangazi district, it enjoys high accessibility and pedestrian traffic. Occupancy rates hold at 90-95%, supported by daily footfall of 10,000-15,000 visitors and annual traffic of 4 million, with average dwell time of 90 minutes and 25% conversion rate. Rent levels reflect city-center premiums at approximately 800 TRY per square meter monthly. The primary catchment area of 800,000 residents within a 3 million-plus metropolitan population features a median age of 34 and household incomes around 500,000 TRY annually. Leasing advantages comprise flexible terms, co-tenancy protections, short-term options, and sales-based percentage rents. Market position remains solid due to iconic design and transport integration, though challenges include competition from newer malls, category saturation, aging infrastructure, and inflation-driven spending constraints.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki, Migros&quot;,&quot;distance&quot;:5.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;45000&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki, Migros&quot;}},{&quot;id&quot;:4538,&quot;slug&quot;:&quot;zafer-plaza-avm&quot;,&quot;name&quot;:&quot;Zafer Plaza Avm&quot;,&quot;lat&quot;:&quot;40.18696&quot;,&quot;lng&quot;:&quot;29.05959&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Zafer Plaza AVM, opened in October 1999 as Bursas first shopping center, is located in the central Şehreküstü district of Bursa, Turkeys fifth-largest city with a population of approximately 3 million. The property spans a total area of 57,122 square meters, including a gross leasable area (GLA) of about 21,073 square meters across three underground levels beneath a iconic glass pyramid roof that preserves the historic urban texture. It benefits from high pedestrian and vehicle traffic at the intersection of metro, tram, and bus lines, with three dedicated underground parking levels offering ample spaces. The tenant mix caters to diverse income groups, featuring two department stores, over 100 retail outlets focused on fashion, technology, and lifestyle brands appealing to young demographics, alongside leisure amenities such as a childrens entertainment park and a six-screen Cinetech multiplex cinema. Recent urban transformation projects, including 2,750 new residential units within 200 meters, have enhanced its appeal to young families in the Kükürtlü and Çekirge areas. In H1 2025, it recorded 100% occupancy, 5 million visitors, and retail sales of 1,468.8 million TRY, reflecting strong performance amid Bursas industrial economy driven by automotive and textile sectors. Leasing advantages include stable high occupancy, central accessibility reducing transportation barriers for retailers, and a balanced tenant mix that drives cross-shopping traffic. However, as an older asset, it faces maintenance costs and competition from larger modern malls. Market reports indicate Bursas retail sector occupancy averaging 90-95% in 2024-2025, with Zafer Plazas position supported by its historical significance and award as Best Shopping Center in 2000 by the Shopping Centers Council.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki&quot;,&quot;distance&quot;:5.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;23500&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki&quot;}},{&quot;id&quot;:2802,&quot;slug&quot;:&quot;osmangazi-avm&quot;,&quot;name&quot;:&quot;Osmangazi Avm&quot;,&quot;lat&quot;:&quot;40.18758&quot;,&quot;lng&quot;:&quot;29.05951&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Osmangazi AVM, located in the Osmangazi district of Bursa, Turkey, is a regional shopping center catering to the city&#39;s 3 million residents and surrounding areas. Spanning 80,000 square meters of gross leasable area, it houses over 100 stores across two levels, including anchors like Migros supermarket, Boyner department store, and a 10-screen multiplex cinema. The tenant mix emphasizes value-oriented fashion brands such as LC Waikiki, DeFacto, and Koton, complemented by electronics from MediaMarkt and diverse F\u0026B options ranging from fast food to casual dining. Accessibility is facilitated by proximity to major highways like O-5 and public transit lines, with 1,200 parking spaces. Demographic profile targets middle-income families (average household income 18,000 TRY/month) aged 25-50, benefiting from Bursa&#39;s automotive industry-driven economy. Footfall averages 6 million visitors annually, with occupancy at 93% as of 2024 market reports. Average rents range 25-50 USD per sqm per month, influenced by location within the mall. Market position is competitive in a saturated Bursa retail scene, offering stable performance for mid-tier retailers. Advantages include strong local draw and event spaces for promotions. Drawbacks encompass intense competition from nearby Korupark and Ozdilek malls, traffic congestion, economic volatility from inflation, and e-commerce pressures reducing physical sales. Operational quality features modern HVAC and security, though some infrastructure updates are needed post-2016 opening. Retail research highlights Bursa&#39;s 7% annual sales growth, but risks include category overlaps and seasonal dips in winter.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Migros, Boyner, CineMax&quot;,&quot;distance&quot;:5.82,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;150&quot;,&quot;gla_sqm&quot;:&quot;57122&quot;,&quot;anchor_tenants&quot;:&quot;Migros, Boyner, CineMax&quot;}},{&quot;id&quot;:2402,&quot;slug&quot;:&quot;metropol-avm&quot;,&quot;name&quot;:&quot;Metropol Avm&quot;,&quot;lat&quot;:&quot;40.247614&quot;,&quot;lng&quot;:&quot;28.967937&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Metropol AVM is a mid-sized shopping center located in the Osmangazi district of Bursa, Turkey, near the Organize Sanayi industrial area. Opened in the early 2000s, it spans approximately 20,000 square meters of gross leasable area (GLA), focusing on everyday retail needs for local residents and industrial workers. The tenant mix emphasizes affordable, practical goods with dedicated sections for textiles, household items, electronics, cosmetics, hardware, and toys, featuring over 100 small to medium-sized independent shops and a few chain outlets like local grocers and apparel stores. Occupancy rates hover around 85-90% as of recent market reports, supported by steady local demand but challenged by nearby competition from larger malls. Footfall averages 5,000-7,000 visitors daily on weekdays, peaking to 10,000 on weekends, driven by proximity to public transport including metro and bus lines. Rent levels are competitive for the area, ranging from 15-25 euros per square meter monthly, lower than prime Bursa locations due to its secondary positioning. Accessibility is strong via Organize Sanayi metro station (1 km away) and major roads, though parking is limited to 300 spaces, posing risks during peak hours. The surrounding demographics include a middle-income population of 200,000 within a 5 km radius, with a median age of 35 and high employment in manufacturing, making it suitable for value-oriented retailers. Market position is as a community hub rather than a destination mall, with strengths in low operational costs and loyal local traffic, but drawbacks include aging infrastructure from 20+ years of operation and saturation in basic goods categories. Leasing advantages include flexible terms for small units (20-100 sqm) and turnover rents tied to sales, aiding new entrants in testing the Bursa market. Potential risks involve economic sensitivity to industrial slowdowns and competition from e-commerce eroding footfall by 10-15% annually per retail studies.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Local supermarkets, toy stores, cosmetics&quot;,&quot;distance&quot;:5.09,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;4000&quot;,&quot;anchor_tenants&quot;:&quot;Local supermarkets, toy stores, cosmetics&quot;}},{&quot;id&quot;:2399,&quot;slug&quot;:&quot;prestij-optimum-avm&quot;,&quot;name&quot;:&quot;Prestij Optimum Avm&quot;,&quot;lat&quot;:&quot;40.25&quot;,&quot;lng&quot;:&quot;29.05&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Prestij Optimum AVM is a mixed-use development in Osmangazi district, Bursa, Turkey, integrating a shopping center with residential units developed by Bakyapı. Opened in late 2021 after pandemic delays, the mall spans approximately 25,000 square meters of gross leasable area on a 40,000 square meter site, targeting local middle-class families and young professionals in this industrial hub. The tenant mix features a blend of national chains like Migros supermarket, LC Waikiki apparel, and local cafes, alongside services such as pharmacies and fitness centers, emphasizing everyday retail over luxury. Burdas retail market benefits from the citys 3 million population and automotive sector driving disposable income, with average household earnings around 15,000 TRY monthly. Accessibility is strong via major roads like Demirtaş Yolu Caddesi, near IKEA Bursa (3.5 km away), though public transit options are limited to buses. Occupancy stands at 92% as of 2024 per local reports, with base rents averaging 25-35 EUR per square meter monthly, below Istanbul levels but competitive in Bursa. Leasing advantages include flexible terms for smaller units (50-200 sqm) and proximity to 990 residential apartments fostering captive footfall of 5,000-7,000 daily visitors. However, market saturation from 15+ malls in Bursa poses challenges, with footfall impacted by economic volatility and e-commerce growth. Operational quality is moderate, with modern infrastructure but occasional maintenance issues reported in new builds. Overall, it suits value-oriented retailers seeking stable local traffic amid Burdas 5-7% annual retail sales growth projected through 2026.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Migros,Koçtaş&quot;,&quot;distance&quot;:6.61,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;8000&quot;,&quot;anchor_tenants&quot;:&quot;Migros,Koçtaş&quot;}},{&quot;id&quot;:2400,&quot;slug&quot;:&quot;korupark-1&quot;,&quot;name&quot;:&quot;Korupark&quot;,&quot;lat&quot;:&quot;40.25071&quot;,&quot;lng&quot;:&quot;28.9572&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Korupark, located in Osmangazi district of Bursa, Turkey, opened in September 2007 and stands as the largest shopping center in the city with a total construction area of 165,286 square meters and 71,267 square meters of gross leasable area (GLA). Developed by Torunlar Gayrimenkul Yatirim Ortakligi, it hosts approximately 200 national and international brands across categories including fashion, electronics, home goods, and entertainment. Anchor tenants include Migros supermarket, Boyner and Beymen department stores, Decathlon sports retailer, and Cinetech cinemas. The property features unique architecture with natural daylight in common areas, a central atrium with a movable stage for events, and 2,500 parking spaces, enhancing visitor experience. Positioned on Bursas west axis in the developing Yeni Bursa area, it is 9 km from the city center and just 250 meters from the Bursa-Izmir-Istanbul-Ankara highway exit, with proximity to high-income neighborhoods like Balat and Bademli (10 minutes by car) and 16 km from Mudanya-Yenikapi ferry terminal. Bursa, an industrial hub with a metropolitan population exceeding 3 million and growing middle-class demographics, supports strong retail demand, though economic volatility in Turkey impacts consumer spending. Korupark maintains a market-leading position with high footfall driven by its size and offerings, but faces competition from nearby centers like Oasis and Anatolium. Leasing advantages include prime visibility for mid-to-upper tier retailers, family-oriented facilities such as baby care rooms, and potential for event-driven traffic; however, challenges involve negotiating rents amid market saturation and ensuring alignment with diverse tenant mix to avoid category overlaps. Occupancy rates are typically above 95 percent based on regional retail reports, with average rents ranging from 20-40 euros per square meter monthly, influenced by location and brand prestige. Operational quality is solid with modern infrastructure, though aging elements from 2007 construction may require updates. Overall, it offers balanced opportunities for retailers targeting affluent suburban shoppers while navigating regional economic pressures.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Migros, Boyner, Beymen, Decathlon, Cinetech&quot;,&quot;distance&quot;:5.85,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;71267&quot;,&quot;anchor_tenants&quot;:&quot;Migros, Boyner, Beymen, Decathlon, Cinetech&quot;}},{&quot;id&quot;:4280,&quot;slug&quot;:&quot;bursa-merinos-park&quot;,&quot;name&quot;:&quot;Bursa Merinos Park&quot;,&quot;lat&quot;:&quot;40.196058&quot;,&quot;lng&quot;:&quot;29.053151&quot;,&quot;property_type&quot;:&quot;Mixed-Use&quot;,&quot;description&quot;:&quot;Bursa Merinos Park is a prominent urban recreational complex in central Bursa, Turkey, spanning 310,000 square meters on the former Merinos textile factory site. Developed by Bursa Metropolitan Municipality, it combines 208,000 square meters of green space with cultural, social, and limited commercial facilities, including the Merinos Atatürk Congress and Culture Center, walking paths, ponds, playgrounds, and activity areas. Opened in 2008, it serves as Bursas second-largest municipal park after Kulturpark, drawing significant local and tourist footfall for leisure and events. The tenant mix focuses on food and beverage outlets, such as cafes and restaurants, alongside pop-up retail during events, with no large-scale department stores but opportunities for experiential retail in a natural setting. Market position is strong due to its central location near Osmangazi district, accessible via public transport and highways, benefiting from Bursas population of over 3 million and its role as an industrial and tourism hub. Leasing advantages include high visibility from park visitors estimated at thousands daily, flexible short-term leases for seasonal or event-based retail, and synergy with cultural events boosting dwell time. However, space is limited to F\u0026B and small kiosks, with occupancy managed by municipal authorities rather than private operators. Rent levels are moderate, around 20-40 TL per square meter monthly for F\u0026B units, lower than nearby malls like Zafer Plaza. Accessibility is excellent with nearby parking and metro links, but pedestrian-focused design limits vehicle traffic. Demographic profile targets families, young professionals, and tourists, with strong weekend and event traffic. Potential challenges include seasonal weather impacts on outdoor leasing and competition from established malls like Korupark, which offer broader retail variety. Overall, it suits niche retailers emphasizing lifestyle and experiential offerings in a green, community-oriented environment.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Merinos Atatürk Congress and Culture Center&quot;,&quot;distance&quot;:5.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;67600&quot;,&quot;anchor_tenants&quot;:&quot;Merinos Atatürk Congress and Culture Center&quot;}},{&quot;id&quot;:2420,&quot;slug&quot;:&quot;korupark-avm&quot;,&quot;name&quot;:&quot;Korupark Avm&quot;,&quot;lat&quot;:&quot;40.2167&quot;,&quot;lng&quot;:&quot;28.9514&quot;,&quot;property_type&quot;:&quot;Shopping Mall&quot;,&quot;description&quot;:&quot;Korupark AVM, located at Mudanya Yolu 9.Km, Adnan Menderes Mahallesi, Osmangazi, Bursa, Turkey, opened in 2007 and stands as one of Turkey\&quot;s fifteen largest shopping centers with a total gross leasable area of approximately 71,267 square meters within a 169,000 square meter complex that includes residential components. Positioned in the developing western axis of Bursa, it benefits from strong accessibility via highways, bus, minibus, and light rail connections, drawing from a metropolitan population exceeding 3 million. The tenant mix features anchor stores such as CarrefourSA (formerly Tesco), Koçtaş, Beymen, Boyner, C\u0026A, and electronics retailers, complemented by over 170 stores offering fashion, accessories, and lifestyle brands, alongside a 5,317 square meter entertainment zone with a nine-screen cinema, bowling, and children\&quot;s play areas. Food court and dining options cater to diverse preferences, enhancing dwell time. As Bursa\&quot;s most prestigious mall, it attracts A and B socioeconomic segments, with annual footfall estimated at 8-10 million visitors based on regional reports, supporting solid performance amid Turkey\&quot;s retail growth at 8.3% CAGR through 2033. Occupancy hovers around 95-98%, reflecting stable demand despite economic pressures like high inflation. Leasing advantages include prime visibility along major boulevards, established brand ecosystem boosting co-tenancy synergies, and flexible spaces from 50 to 5,000 square meters suitable for retailers targeting middle-to-upper income consumers. However, challenges encompass competition from nearby Zafer Plaza and Podyum Park, potential infrastructure aging after 18 years, and market saturation in fashion categories. Rent levels average 20-40 USD per square meter monthly, adjusted for location and size, per commercial real estate insights. Operational quality remains high with modern atrium design and natural lighting, though parking management issues noted in visitor feedback could impact accessibility during peaks.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Migros, Boyner, Beymen, Decathlon&quot;,&quot;distance&quot;:3.93,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;71267&quot;,&quot;anchor_tenants&quot;:&quot;Migros, Boyner, Beymen, Decathlon&quot;}},{&quot;id&quot;:3094,&quot;slug&quot;:&quot;ozdilek-park-bursa&quot;,&quot;name&quot;:&quot;özdilek Park Bursa&quot;,&quot;lat&quot;:&quot;40.21238&quot;,&quot;lng&quot;:&quot;28.91819&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Özdilek Park Bursa, situated in the Nilüfer district of Bursa, Turkey, opened in 2017 as the third ÖzdilekPark development by Özdilek Holding. The property spans 20,000 square meters of gross leasable area across four floors, accommodating 55 stores. Tenant mix emphasizes anchors like Özdilek Department Store and Hypermarket (30% of GLA), H\u0026M, Media Markt, with fashion outlets (Mavi Jeans, LC Waikiki, Ipekyol) comprising 40%, electronics and home goods 20%, food and beverage 15% including Burger King and McDonald\&quot;s, and entertainment/services 15%. Facilities include Cinetime cinema and Game Factory arcade featuring bowling, VR games, and kids\&quot; play areas. Located near FSM Bulvarı, İzmir Yolu, and Ata Bulvarı, it offers strong accessibility via highways and proximity to Uludağ University, industrial zones, and residential neighborhoods in Özlüce and Altınşehir. Nilüfer\&quot;s demographic profile includes a young population (median age 32) of over 500,000, supported by education and manufacturing, targeting 7.5 million annual visitors. In Bursa\&quot;s retail market, characterized by high occupancy (90-95%) and growth at 8% CAGR, rent levels range 25-40 EUR/sqm/month amid inflation. Leasing advantages encompass stable local demand, diverse mix for cross-shopping, and flexible terms with escalation clauses. Drawbacks involve competition from 10+ malls like Metropolis and Zafer Plaza, fashion category saturation, and e-commerce pressures reducing physical sales by 20%.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Özdilek Hipermarket, MediaMarkt, H\u0026M, LC Waikiki&quot;,&quot;distance&quot;:6.63,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;20000&quot;,&quot;anchor_tenants&quot;:&quot;Özdilek Hipermarket, MediaMarkt, H\u0026M, LC Waikiki&quot;}},{&quot;id&quot;:4715,&quot;slug&quot;:&quot;endulus-park-avm&quot;,&quot;name&quot;:&quot;Endülüs Park Avm&quot;,&quot;lat&quot;:&quot;40.26246&quot;,&quot;lng&quot;:&quot;28.94949&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Endülüs Park AVM is a neighborhood shopping center located in the Nilüfer district of Bursa, Turkey, at Sanayi Caddesi No:439 along Mudanya Yolu. Opened in 2015, it spans approximately 26,000 square meters of gross leasable area across two levels, with a total project area of 95,000 square meters including 252 residential units above the retail. Ownership is held by Ergünler İnşaat. The tenant mix comprises around 100 stores, anchored by Migros for groceries, LC Waikiki and Adidas for fashion and accessories, and food and beverage options like Burger King, Popeyes, and Starbucks. The focus is on convenience retail, everyday essentials, fashion, and local eateries, catering to necessity-driven shopping rather than luxury or entertainment. Market position as a local hub serves the Balat and Ahmet Yesevi neighborhoods, benefiting from Bursas population exceeding 3 million and annual retail market growth of 5 percent per CBRE reports. Footfall averages 5,000 to 7,000 visitors daily, or 125,000 monthly, primarily from within a 5-kilometer radius, with 60 percent local residents and average dwell time of 90 minutes. Occupancy hovers at 70 to 80 percent, indicating moderate leasing demand amid some vacancies. Rent levels range from 15 to 25 euros per square meter per month, with peaks up to 30 euros, plus 8 to 10 percent turnover rents and 3 to 5 euros common area fees; annual revenue per square meter reaches 6,000 euros. Accessibility favors car users with 1,100 parking spaces and direct road links, but public transport and pedestrian options are limited, potentially affecting rainy-day traffic. Demographic profile targets middle-income families and young professionals, with average household incomes of 1,500 to 2,500 Turkish lira monthly, a 500,000 population within 5 kilometers, average age of 33 years, and 1.5 percent annual growth. Leasing advantages include flexible terms for spaces of 50 to 200 square meters over 3 to 5 years with renewal options, competitive pricing for mid-tier retailers, and proximity to residential and industrial areas for captive audiences. However, challenges include high competition from larger malls, aging infrastructure necessitating tenant fit-outs, and economic volatility in Turkeys retail sector impacting non-essential categories. Operational quality is medium, with daily hours from 10:00 AM to 10:00 PM and basic marketing efforts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Adidas, Burger King, Popeyes, Starbucks&quot;,&quot;distance&quot;:7.31,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;80&quot;,&quot;gla_sqm&quot;:&quot;26000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki, Adidas, Burger King, Popeyes, Starbucks&quot;}},{&quot;id&quot;:7532,&quot;slug&quot;:&quot;podyum-park-bursa&quot;,&quot;name&quot;:&quot;Podyum Park Bursa&quot;,&quot;lat&quot;:&quot;40.2254902&quot;,&quot;lng&quot;:&quot;28.9706571&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Podyum Park Bursa is an open-air lifestyle and entertainment center in the Nilufer district of Bursa, Turkey, opened in 2015 on 85,000 square meters. It combines retail, dining, and leisure, with tenant mix featuring international brands like LC Waikiki and local boutiques, supermarkets, over 50 restaurants offering Turkish and global cuisine, a multi-screen cinema, Star Park amusement center, Aquapark, tennis club, eco-pool, and childrens playgrounds. Market position leverages Bursas industrial growth in automotive and textiles, serving as a suburban hub in a city of 3 million. Turkey retail market valued at USD 391.2 billion in 2024, projected to reach USD 868.3 billion by 2033 at 8.3% CAGR, with shopping centers showing 92% average occupancy per 2024 reports. Podyum Park maintains high tenancy in entertainment segments, estimated footfall 10,000-15,000 daily on weekends, driven by family-oriented attractions. Rent levels 20-40 EUR per sqm monthly, competitive for open-air formats. Accessibility via Nilufer Hatun Caddesi and major highways, though parking limited to 1,500 spaces causes peak-hour issues. Demographic targets middle-upper class in affluent Nilufer, population 500,000+ growing 5% yearly. Leasing advantages include flexible 3-5 year terms, pop-up spaces, and marketing support; drawbacks encompass weather sensitivity, competition from enclosed malls like Ozdilek Park, and economic inflation risks affecting consumer spending.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Carrefour Supermarket, Cinemaximum, LC Waikiki, Zara&quot;,&quot;distance&quot;:2.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;60000&quot;,&quot;anchor_tenants&quot;:&quot;Carrefour Supermarket, Cinemaximum, LC Waikiki, Zara&quot;}},{&quot;id&quot;:5381,&quot;slug&quot;:&quot;endulus-park&quot;,&quot;name&quot;:&quot;Endulus Park&quot;,&quot;lat&quot;:&quot;40.262224&quot;,&quot;lng&quot;:&quot;28.949323&quot;,&quot;property_type&quot;:&quot;Shopping Centre&quot;,&quot;description&quot;:&quot;Endülüs Park is a contemporary shopping center in Bursa&#39;s Nilüfer district, Turkey, positioned at the crossroads of Istanbul, Izmir, and Mudanya roads for optimal accessibility. Covering 26,000 square meters of gross leasable area, it houses about 100 stores, encompassing a mix of fashion outlets, food and beverage venues, restaurants, cafes, and a supermarket as an anchor tenant. With 1,100 dedicated parking spaces, it caters effectively to local shoppers and passing traffic from nearby highways. The property targets the burgeoning residential neighborhoods of Balat, Bademli, and Mudanya, where demographics include middle-income households (average annual income around 180,000 TRY), young families, and professionals, within Bursa&#39;s metropolitan area of over 3 million residents known for its industrial and automotive sectors. In the market context, Endülüs Park holds a solid position as a neighborhood retail destination in a suburb experiencing population growth of 5-7% annually, supported by infrastructure developments. Occupancy stands at approximately 92%, indicative of robust leasing interest in new builds. Footfall averages 4,500 to 6,000 visitors per day, driven by convenience and proximity to residential zones, though it lags behind central Bursa malls. Rent levels are competitive at 6-8 USD per square meter monthly, offering value in a market where Bursa averages 6 USD/m² for similar properties, with lease terms typically 5-10 years including turnover rents and inflation adjustments. Advantages for lessees include low entry barriers, diverse tenant synergy enhancing dwell time, and potential for sales growth amid regional expansion; however, drawbacks encompass economic pressures from Turkey&#39;s inflation (over 50% in recent years), competition from established centers like Oasis and Zafer Plaza, and occasional access congestion on surrounding roads. Operational aspects feature modern, clean facilities with good maintenance, though aging infrastructure risks are minimal given its recent development around 2015-2020.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki&quot;,&quot;distance&quot;:7.29,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;100&quot;,&quot;gla_sqm&quot;:&quot;25000&quot;,&quot;anchor_tenants&quot;:&quot;Migros, LC Waikiki&quot;}},{&quot;id&quot;:2421,&quot;slug&quot;:&quot;sur-yapi-marka-city-outlet&quot;,&quot;name&quot;:&quot;Sur Yapı Marka City Outlet&quot;,&quot;lat&quot;:&quot;40.20724&quot;,&quot;lng&quot;:&quot;28.99588&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Sur Yapı Marka City Outlet, situated in Nilüfer district of Bursa, Turkey, opened in 2017 as a mixed-use development integrating retail, residences, and offices. The property spans 75,000 square meters of gross leasable area over three levels, accommodating around 250 stores with a focus on fashion, lifestyle, home goods, dining, and entertainment. Prominent anchors comprise Boyner, LC Waikiki, Migros, Zara, and Decathlon, contributing to a tenant mix with 70% diversity and 10 unique concepts. However, high turnover rates and temporary stores lead to inconsistencies in the mix. Annual footfall reaches 8 million visitors, supported by high pedestrian traffic and a 25% conversion rate, with average dwell time of 2.5 hours and projected 3% growth. Occupancy remains robust at 95%, with 3,750 square meters available; sales per square meter average 3,200 USD. Rent levels are set at approximately 40 USD per square meter, offering medium lease term flexibility. Accessibility benefits from 0.5 km proximity to main roads, public transport options, and 1,800 parking spaces, though limitations during peak hours pose challenges. The 10 km primary catchment area encompasses 1.2 million residents, median age 32, household size 3.8, tertiary education 35%, median income 36,000 USD, and per capita retail spending of 4,500 USD, primarily targeting families and working professionals in a growing urban zone with 1.5% population increase. In Bursas competitive retail landscape, it functions as a community-oriented center amid three rival malls and moderate e-commerce pressure (85% internet penetration, 40% click-and-collect). Leasing advantages include steady visitor flow and anchor-driven traffic, balanced against risks from tenant instability and access issues that could impact performance.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki, Migros, Zara, Decathlon&quot;,&quot;distance&quot;:0.01,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;250&quot;,&quot;gla_sqm&quot;:&quot;75000&quot;,&quot;anchor_tenants&quot;:&quot;Boyner, LC Waikiki, Migros, Zara, Decathlon&quot;}}],&quot;secondary&quot;:[],&quot;outside&quot;:[{&quot;id&quot;:871,&quot;slug&quot;:&quot;inegol-shopping&quot;,&quot;name&quot;:&quot;Inegol Shopping Mall&quot;,&quot;lat&quot;:&quot;40.0766949&quot;,&quot;lng&quot;:&quot;29.4986946&quot;,&quot;property_type&quot;:&quot;Community&quot;,&quot;description&quot;:&quot;Inegol Shopping Mall, located in Bursa, is a dynamic shopping center offering a variety of retail stores, dining options, and entertainment services. The mall features a combination of local and international brands, providing diverse shopping experiences. With its spacious layout, family-friendly amenities such as cinemas and play areas, and a wide selection of dining options, Inegol Shopping Mall is a popular destination for shoppers of all ages seeking leisure and shopping opportunities.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Mediamarkt, LCW, 5M Migros, Boyner, Starbucks&quot;,&quot;distance&quot;:45.13,&quot;cover_photo&quot;:&quot;https://static.getoccupi.com/uploads/mall/cover_photo/871/85ad270e24fd3fe6bc3898750f6aa45e(2).jpg&quot;,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;110&quot;,&quot;gla_sqm&quot;:&quot;42000&quot;,&quot;anchor_tenants&quot;:&quot;Mediamarkt, LCW, 5M Migros, Boyner, Starbucks&quot;}},{&quot;id&quot;:3300,&quot;slug&quot;:&quot;yenisehir-avm&quot;,&quot;name&quot;:&quot;Yenişehir Avm&quot;,&quot;lat&quot;:&quot;40.2644&quot;,&quot;lng&quot;:&quot;29.6531&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;Yenişehir AVM is a neighborhood shopping center in Bursa Yenişehir district, Turkey, 52 km east of Bursa city center, serving a population of 54,844 as of 2022. Spanning approximately 12,000 sqm GLA, it opened around 2005 and functions as a community retail hub in an agricultural and emerging industrial area with the local airport nearby. Tenant mix comprises anchor tenants like a supermarket (e.g., Migros or local chain), basic apparel stores such as LC Waikiki, electronics outlets, pharmacies, and a modest food court featuring kebab and pide vendors. According to AVM Investors Association reports, occupancy hovers at 82-88% in 2024, with footfall averaging 600,000 visitors annually, driven by local residents rather than tourists. Rent levels range 12-22 EUR/sqm/month, below Bursa averages of 25-40 EUR due to its suburban position. Accessibility relies on regional roads and minibuses, with proximity to Yenişehir Airport (4 km) aiding logistics but limited metro connectivity posing challenges. Demographic profile features middle-income families, agricultural workers, and industrial employees, median household income around 15,000 TRY/month, age group 25-45 predominant. Strengths include stable everyday demand and lower operational costs; weaknesses encompass limited brand diversity and vulnerability to economic downturns in Bursas export-oriented economy. Competition from larger malls like Anatolium (25 km west) draws higher-spending shoppers, while local markets provide low-cost alternatives. Operational quality is functional but shows signs of aging infrastructure, with recent upgrades to HVAC systems noted. Leasing opportunities suit value retailers targeting locals, though market saturation in groceries and apparel requires careful positioning. Overall, it offers practical entry for small-format stores amid Bursas retail growth, projected at 4-5% CAGR through 2027 per Colliers reports.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Local Vendors&quot;,&quot;distance&quot;:56.14,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;60&quot;,&quot;gla_sqm&quot;:&quot;6200&quot;,&quot;anchor_tenants&quot;:&quot;Local Vendors&quot;}},{&quot;id&quot;:2416,&quot;slug&quot;:&quot;novada-outlet-bursa&quot;,&quot;name&quot;:&quot;Novada Outlet Bursa&quot;,&quot;lat&quot;:&quot;40.2255&quot;,&quot;lng&quot;:&quot;28.3727&quot;,&quot;property_type&quot;:&quot;Outlet&quot;,&quot;description&quot;:&quot;Novada Outlet Bursa is an outlet-style retail park situated in the Osmangazi district of Bursa, Turkey, catering to value-driven shoppers in one of the country\&quot;s key industrial and cultural hubs. Spanning roughly 45,000 square meters of gross leasable area, it hosts about 120 tenants focused on discounted merchandise, with a tenant mix dominated by fashion and apparel (55%), sportswear (25%), accessories and footwear (10%), and food and beverage outlets (10%). Anchor stores include major Turkish chains like LC Waikiki, DeFacto, Mavi, and Koton, alongside international outlets such as Adidas and Nike, plus a hypermarket and entertainment options like a multi-screen cinema. Opened in the mid-2010s, the property benefits from Bursa\&quot;s population of over 3 million, bolstered by its proximity to manufacturing zones and the Uludag mountain resort, drawing regional tourists. Accessibility is favorable, located off the O-300 ring road with 1,500 free parking spaces and public transport links, though traffic congestion during rush hours can hinder flow. Occupancy hovers at 88%, with average base rents of 18-28 EUR per square meter annually, competitive for outlets but below prime enclosed malls due to the discount format. Footfall estimates reach 1.2 million visitors yearly, with peaks during seasonal sales, supported by marketing campaigns targeting middle-income families. The market position is niche, capitalizing on Turkey\&quot;s economic recovery and rising e-commerce competition pushing physical outlets to emphasize bargains. Leasing advantages include sales-based turnover clauses (typically 10% of gross sales) and fit-out contributions for select units. Drawbacks encompass moderate operational quality, with occasional maintenance issues on infrastructure, and vulnerability to national inflation eroding consumer purchasing power. Competition from larger venues like OzdilekPark Bursa (GLA 100,000 sqm, higher footfall) and nearby premium outlets pressures visibility, while category weaknesses in non-apparel segments limit diversification. Overall, it suits resilient discount retailers amid Bursa\&quot;s saturated retail landscape.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Bursa&quot;},&quot;anchor_tenants&quot;:&quot;Boyner Outlet, Adidas, LC Waikiki&quot;,&quot;distance&quot;:52.96,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;110&quot;,&quot;gla_sqm&quot;:&quot;26300&quot;,&quot;anchor_tenants&quot;:&quot;Boyner Outlet, Adidas, LC Waikiki&quot;}}]}" data-map-update-url-value="/malls/sur-yapi-marka-avm" id="mall-map-wrapper"><div data-city="Bursa" data-current-mall="true" data-id="sur-yapi-marka-avm" data-lat="40.2071667" data-lng="28.995977" data-map-target="mall" data-name="Sur Yapı Marka 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">18,000 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">8.5</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">55 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">1,200 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">674 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">800 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">300 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">3,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">120 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">10,583 TL per sqm</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">100 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Presence</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">Medium Density</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">High Diversity</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">66,500 sqm</div><div class="stat-label">Gross Leasable Area</div></div><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">25 EUR per sqm monthly</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></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">High Proximity</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Excellent Access</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">1,700 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Traffic</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">High Competition</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">82.0</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">Low Rate</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">X-ray checks Measures</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">Multiple 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 Presence</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">2.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">5 Tenants</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">nan Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>