Mall of Istanbul Shopping Mall - Istanbul
Project Details

Mall of İstanbul, which consists of a shopping mall, residential and office units, is Turkey’s largest mixed-use project. Mall of İstanbul is attracting attention by being an urban transformation project.

The Mall of İstanbul Project is built next to Mahmutbey booths on the TEM Motorway. Located only five kilometers from Atatürk International Airport, the side is also very close to a future metro line, whose project design phase is complete

Total construction area of Mall of İstanbul, designed as a new lifestyle center for İstanbul, is 725,845 m². 30% of the total area of the shopping center, which has 350 stores and 4,000 car parking capacity, is reserved for entertainment and food. Shopping Center, that has a GLA of 154,457 m² , also contains an amusement park of 10,045 m² for kids, a movie theater complex of 8,962 m² with 16 screens and 3,050 seats capacity, an exhibition area of 9,481 m² of and a 700-seat conference / theater hall. 50% of the project was designed as Shopping Center, 40% as the sellable residential area and 10% as the office space.

A construction cost of TRY 791 million was spent for the project and Mall of İstanbul was inaugurated on May 23, 2014.

Ownership : Torunlar REIC (100%)
 
Start of Construction : March 2011
 
Operational Date : 23 May 2014
 
Construction Cost : TRY 791 million
 
Number of Stores : 350
 
Occupancy Rate : 93% (December 2015)
 
Major Tenants : Migros, Media Markt, Koçtaş, Teknosa,
Brandroom, Debenhams, H&M,
Victoria's Secret, LCW, Decathlon
 
Number of Residences/GSA-GLA : 154,457 m² GLA Mall,
121,426 m² GSA Residence,
34,241 m² GSA Office,
5,091 m² GSA Flat Office
 
Average Lease Term as of December 2015 : 5 years
 
Appraisal Value (December 2016) : TRY 1,641 million
 
Rental Income + Common Area Income : TRY 132,015,000
 
Footfall : 13 million
Photos
©Copyright 2016 Torunlar REIC
Torunlar REIC reserves the right to alter, rectify and publish all kinds of information on the website.
Privacy Policy and Terms of Use
Rüzgarlıbahçe Mahallesi Özalp Çıkmazı No: 4 34805 Beykoz / İstanbul
P: +90 216 425 03 28 / +90 216 425 20 07 F: +90 216 425 59 57
info@torunlarreic.com