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2024 3rd Quarter Istanbul Office Market Snapshot

AYD President Şapkacı: Not investing in new shopping malls harms retail

Özkan ÖZEL Ekim 22, 2024 186

Shopping Center Investors Association (AYD) President Nuri Şapkacı said that not being able to provide space for national brands that want to grow, having to turn away brands that want to enter the Turkish market from abroad, and not being able to replace inefficient stores due to long termination periods, harms the retail sector. In this way, our shopping malls lag behind their counterparts and trends abroad in terms of the brands they offer. "Even though we provide high quality service as a sector, it is inevitable that this situation will negatively affect shopping tourism in the medium and long term," he said.

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Commercial Centers

Shop is one of the most attractive real estate investment tools.

Özkan ÖZEL Ekim 10, 2024 197

A businessman I met yesterday said that when he learned that the region where I work was Beşiktaş, they could make a reasonable purchase of a store for investment purposes.

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