Could the time be approaching to shift from owning plaza offices to investing in land and property?
Our primary focus area is the Class A plaza offices on Büyükdere Street.
Our primary focus area is the Class A plaza offices on Büyükdere Street.
We constantly monitor rental and sales prices and demand levels.
Rental demand for plaza offices on Büyükdere Street was weak in 2025.
Companies generally tried to keep their costs under control.
An increase in plaza office rental demand is expected in 2026, especially in the second half.
Demand for purchasing plaza offices, however, is not very strong outside of investment.
As a Strategic Real Estate Asset Manager, I always approach the subject based on a maximum return scenario.
The question is: When comparing a Class A plaza office with the same monetary value as a valuable plot of land in a prime area in 5 years, what level of asset value will they be at?
In Thrace, which has been my area of interest for about 2.5 years, land and property prices have decreased in real terms. In contrast, Class A plaza offices on Büyükdere Street have shown increases similar to official inflation rates.
Looking at macroeconomic developments, both globally and domestically, I personally do not foresee a revival of the manufacturing economy in the medium to long term.
Sectoral activity may be observed, but I do not expect a general economic recovery.
A noticeable increase in the supply of office buildings is expected, particularly on the Anatolian side of Istanbul, in the coming period.
However, pure land is always one of the most attractive investment tools, and it seems rational to expect the importance of land to increase in the coming period.
In conclusion, I predict that investing in land and real estate will be a more attractive approach to increasing wealth compared to investing in office buildings in the next 5 years.
The critical question here is: what areas should be focused on when investing in land and real estate?
Tepkiniz Nedir?
