2016-05-18

The new shopping attraction in the historical Eyüp district of the Turkish metropolis Istanbul, near the historical peninsula, celebrates its premiere: Axis Istanbul shopping center, a joint project of Sur Yapı and Hayat Holding, has opened its doors this morning with 135 specialty stores, cafés and restaurants, terraces, a food court with a seating capacity for 1,400 people, a large kids’ playground, a cinema with 10 halls and a fitness center. The first construction phase of the shopping center comprises a GLA of 40,000 sq m. After the completion of the second phase, the GLA will be increased to 60.000 sq m which will then house 170 shops. The center will create 2,000 new jobs. Axis Istanbul is situated in a central location and can be accessed conveniently: Its car park with 1,000 parking spaces is directly accessible from all major highways by a brand-new connection road.

Axis Istanbul is designed as a multi-functional living complex. On top of the shopping center, 195 A-Plus offices will accommodate approximately 1,500 employees. The investment partners of the project are Sur Yapı, which is one of the leading entities in real estate, contracting and energy sectors, and Hayat Holding, one of the biggest exporters and industrial enterprises of Turkey that conducts business in more than 100 countries. The total investment volume of the mixed-use project amounts to approximately 485 million euros. ECE Türkiye has been responsible for the concept optimization and is in charge of the leasing and the long-term management of the shopping center.



Axis Istanbul interior. Image: ECE/ Baris Hasan Bedir

Altan Elmas, Chairman of the Board of Sur Yapı: “Axis Istanbul is realized in a prime location, where the historical Eyüp district meets the future through infrastructure investments, new residential areas, modern office space, and trade centers. As Sur Yapı, we joined forces with Hayat Holding for this mixed-use complex and we are very proud to open the first phase of the shopping center today. Axis Istanbul is a pioneer project of the urban transformation that has been taking place in the district. Thanks to its excellent accessibility, modern architecture and its diverse branch and tenant mix, the shopping center will be very-well received by our target customers and bring economic stimulus to the city”.

Andreas Hohlmann, General Manager of ECE Türkiye: “Axis İstanbul is the new attraction point in Eyüp where a comprehensive urban transformation is currently taking place. We see a great potential in this developing part of Istanbul. Considering this potential and the wide catchment area we have designed a balanced and qualified branch and tenant mix with well-known brands appealing to every taste, diverse food and restaurant concepts as well as entertainment options. We used the strategically good location of the project to create a functional shopping and meeting point in the heart of the city. Axis İstanbul will offer a comfortable shopping experience to families, to office employees working nearby, and to visitors from all ages”.

The post Axis Istanbul shopping center opens appeared first on ACROSS | The European Retail Real Estate Magazine.

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