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Turkey

ECE takes over management for shopping center in Istanbul

ECE Marketplaces is expanding its management portfolio in Turkey by another shopping center and is taking over the management of „Agaoglu Cekmeköy Park“ in Istanbul with its national company ECE Türkiye. The company will thus manage a total of twelve shopping centers in Turkey with a total rental space of around 600,000 m². M...
Friday, 16. February 2024

Klépierre announces two executive appointments

Klépierre today announced the appointments of Marie Caniac as Group Chief Operating Officer and Cyrille Deslandes as Managing Director for the Netherlands, Germany and Turkey.
Friday, 7. July 2023

Ascend secures Start Living platform management mandate

Ascend Properties has cemented its position as the UK’s leading manager of single-family build-to-rent (BTR) assets with its appointment by Start Living to manage its national portfolio of over 700 homes.
Friday, 9. June 2023

PineBridge JV expands last mile logistics strategy

PineBridge Benson Elliot and their JV Partner, Evo Industrial, have acquired two further sites, under their strategy, with Evo Industrial to deliver last mile logistics in and around London and key regional markets in the UK. The two sites are a 4-acre site in Woodford, East London and a 2.2-acre site in Enfield, North London.
Wednesday, 3. May 2023

ECE manages two further shopping centres

ECE Marketplaces expands its centre management portfolio and takes over the management of two further shopping centres in the Turkish metropolis Istanbul: the “Palladium Atasehir“ and the “V Metroway“. The local subsidiary ECE Türkiye will be responsible for the long-term management, leasing and concept planning for both cent...
Wednesday, 5. April 2023

Hyatt Regency Izmir IstinyePark celebrates opening

Hyatt Hotels Corporation today announced the opening of Hyatt Regency Izmir IstinyePark, located in Balçova, a charming district of Izmir and one of the oldest cities in the Mediterranean.
Monday, 9. January 2023

Radisson to reach over 50 hotels in the country by the end of 2023

Radisson Hotel Group is accelerating its development pipeline targets in Turkey to reach 50 hotels by 2023 instead of 2025. In 2022, the Group plans to grow its presence in the country with 10 additional hotels and to introduce two new brands, Radisson Individuals and Radisson RED, to the Turkish market. The Group is also all...
Wednesday, 13. April 2022

Savills forms a co-operation partnership with REinnov8 in Turkey

Savills has formed a co-operation partnership with REinnov8 in Turkey, in order to support its continued expansion across Europe, the Middle East and Asia. The two companies have already been instructed on a large sales mandate for an international retailer in Turkey.
Wednesday, 12. May 2021

Radisson Hotel Group opens its 25th hotel in Turkey

Radisson Blu to announce the opening of the Radisson Blu Hotel, Sakarya, in northwestern Turkey. Sakarya is one of the largest industrial hubs, dynamic and fast-growing cities in Turkey. Located in the Marmara region, close to the Black Sea. The newly-built hotel features 139 guest rooms and also 800 sqm of meetings and event...
Tuesday, 7. January 2020

Multi appoints Antoine Mocachen as Managing Director for CEE Region

Multi Corporation appointed Antoine Mocachen as Managing Director for Central and Eastern Europe, effective 17 June 2019. He will be responsible for Multi’s activities in Hungary, Poland, Slovakia and Ukraine. Antoine Mocachen succeeds Luca Maganuco, who has filled this position on an interim basis for the past year, in addit...
Thursday, 16. May 2019

European logistics yield falls below 6% for first time on record

The overall European logistics yield dropped 14 bps to 5.95% in Q2 2018, the first time it has fallen below 6% since Cushman & Wakefield began consistently tracking the three main property sectors in 1992, according to the firm’s DNA of Real Estate report. All logistics markets monitored in Germany, Italy and Sweden recorded ...
Tuesday, 21. August 2018

First Hyatt hotel to open in Athens, Dublin and Istanbul

Hyatt Hotels plans to open the first Grand Hyatt hotel in Athens, Dublin and Istanbul. The opening of the Grand Hyatt Athens is expected in Q3 2018, while the Hyatt Centric Liberties Gate Dublin is set to open in May 2019. The Nish Palas Istanbul hotel already opened in Nişantaşı, one of Istanbul’s oldest districts.
Monday, 28. May 2018

Park Inn by Radisson opens in Istanbul Odayeri

Park Inn by Radisson opened a Park Inn by Radisson in Istanbul Odayeri. The latest opening for Radisson Hotel Group takes its portfolio in Turkey to 20 hotels and more than 3,500 rooms in operation. Park Inn by Radisson Istanbul Odayeri will be managed by Radisson Hospitality AB.
Thursday, 24. May 2018

Discounts in listing prices left their mark in the Istanbul office market

Discounts in listing prices left their mark in the Istanbul office market, with an approximate 8% decline in average rent rate in the Class A office buildings in the Central Business District (CBD). According to Propin, the first quarter of 2018 was a period when hard bargains between landlords and potential tenants were obse...
Tuesday, 15. May 2018

Istanbul New Airport houses 451-room hotel to be operated by Yotel

IGA, the constructer and operator of Istanbul New Airport (INA) for 25 years, and Yotel have signed an exclusive hotel management contract. The hotel, which will be one of the biggest airport hotels in the world, with both airside and landside access, will feature 451 rooms. Located conveniently inside the main terminal build...
Friday, 20. April 2018

Apleona wins management and letting contracts for three retail properties

On behalf of regional investors, Apleona is taking on property and centre management and letting of the retail space in three Turkish shopping and outlet centres. The centres are Akyaka Park Shopping Centre and Olivium Outlet Centre, both located in Istanbul, and MarkAntalya Shopping Centre in Antalya in the southwest of the ...
Monday, 19. February 2018