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Pacific REIT to Transform Etiler Academies Complex

Pacific Real Estate Investment Trust (REIT) has initiated discussions for the transformation and development of the Academies Complex located at the entrance of Levent/Etiler in Istanbul’s Beşiktaş district.

Pacific REIT made an announcement regarding the discussions on transformation and project development on the Public Disclosure Platform (KAP).

In close proximity to the ongoing construction and sales of the Next Level Istanbul project area in Istanbul’s Beşiktaş district, Ortaköy Neighborhood, Parcel 1 of Island 1799, Pacific REIT has commenced discussions with the owners of the Academies Complex, which spans an area of 12,557 square meters, for its transformation and development.

Pacific REIT to Transform Etiler Academies Complex

The Next Level Istanbul project, situated at Parcel 1 of Island 1799 in Ortaköy Neighborhood, Beşiktaş district, Istanbul, features 1-bedroom, 1-living room; 2-bedroom, 1-living room; 3-bedroom, 1-living room; and 3.5+1 apartment types, each equipped with balconies, terraces, and gardens.

Rising under the guarantee of Emlak Konut GYO by Pacific Real Estate Investment Trust (REIT), the project offers an enchanting life integrated with nature through its extraordinary architecture. Located in the bustling and prestigious Etiler neighborhood of the metropolis, the 2+1 homes in the project have been designed with a net area of 80 square meters and a gross area of 146 square meters, while the 3+1 homes have a net area of 170 square meters and a gross area of 230 square meters. Additionally, each apartment in the project includes an average of 20 square meters of outdoor space.

Moreover, the project features villa houses ranging from 275 to 545 square meters, terrace houses ranging from 232 to 382 square meters, landscape houses ranging from 270 to 347 square meters, and loft houses ranging from 85 to 218 square meters. Creating living spaces that establish a connection between nature and humans, the project boasts ceiling heights of up to 4.5 meters.

The project is being constructed in two blocks, with one block comprising 1+1 to 2+1 units, and the other block containing 3+1 to 3.5+1 duplex apartments. Compact and functional sports areas will also be included in the Next Level project.

source: prepared by Melisa Beğiç

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