Zafer Plaza, the first shopping center in Bursa, Turkey's
fifth largest city, opened its doors in October 1999.
It is located in the city center, where vehicle and
pedestrian traffic is at its busiest. In order to preserve
the architectural texture of the area, 6 floors were
built under the street level, with 3 levels for the car
park and 3 levels for shops. The glass pyramid, which
is located in the middle of the building and brings
daylight into the entire shopping center, has become
an iconic symbol of the city.
Torunlar REIC holds 72.26% of the shares in Zafer
Plaza, while 18.93% of the shares are held by the
Bursa Metropolitan Municipality and 8.81% by
various shareholders. Zafer Plaza Management Inc.,
established according to the principles of a pool
protocol, manages its operations.
Zafer Plaza was named "Best Shopping Center" by
the Trade Council of Shopping Centers and Retail
Centers (AMPD) in 2000.
Through renovations in 2009, the total area of the
shopping center was increased from 54,000 m² to
57,122 m² . The shopping center is located at the
intersection of the metro, tram and other mass
transport lines. Hosting brands that address all income
groups, Zafer Plaza remains at the forefront of trends
at all times with its prestigious and updated brand mix
and with its two department stores.
A brand mix which addresses young people with
renewed store decor, a focus on technology, an
entertainment park for children and young people and
the Cinetech multiplex 6-screen cinema all serve to
enhance Zafer Plaza's competitive strength.
There has also been a rapid change taking place
around the Zafer Plaza. Since the last quarter of
2010, life started by the completion of 2,750 homes
as part of the urban transformation project, just 200
m from the shopping center. Building restoration
work has enhanced the appeal of the Kükürtlü and
Çekirge districts for young families, who are starting
to move into the area. The tram line from Cumhuriyet
Boulevard to Zafer Plaza has also helped improve the
accessibility of the shopping center.
Ownership | : | Torunlar REIC (72.26%) |
Operational Date | : | 1999 |
Gross Leasable Area | : | 23,449 m² (REIC's Share 16,944 m² ) |
Leasehold/Freehold Status | : | Freehold |