shopping centers
- Turkiye
Turkiye’s Shopping Centers Witness 115% Year-on-Year Turnover Surge
Turnover of shopping centers in Türkiye leaped 115 percent year-on-year in February, rising more than the annual inflation rate, according…
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Turkiye: Shopping center investments losing momentum
Shopping center investments in Türkiye have lost momentum with only seven applications filed with authorities to build new malls in…
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Turkiye: Rönesans Gayrimenkul obtains loan from EBRD
The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of 30 million euros to Rönesans Gayrimenkul…
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Turkiye: Over 440 shopping malls own $10 billion in debt
The total debt of 443 shopping malls in Türkiye ranges from $9 billion to $10 billion, says Nuri Şapkacı, the…
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Turkiye’s malls struggling under heavy debt
Despite booming retail sales, many of Turkiye’s shopping centers are struggling under heavy debt, according to Nuri Şapkacı, the president…
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Emaar posts $9.5 billion property sales; revenue soars to $6.8 billion
Leading Dubai developer Emaar Properties has reported continued improvement in its property sales which hit a record AED35.1 billion ($9.5…
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Finance Minister Nebati met with the members of the Shopping Centers and Investors Association
Treasury and Finance Minister Nureddin Nebati posted this statement on his Twitter account, “We came together with the members of…
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Russian shopping centers invite Turkish retailers
Russia’s shopping centers are hoping that Turkish retailers can step in to fill the large gap left by Western companies…
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The number of visitors to shopping centers returns to pre-epidemic numbers
After the removal of COVID-19 measures, the number of visitors to shopping centers across the country began to increase. An…
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Shopping malls are ready to allocate space for vaccination
Altas, Chairman of the Board of the Shopping Centers and Investors Association, said, “We are in contact with all provincial…
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