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The final countdown begins for condition-of-the-art Istanbul financial center

by John Pierce
July 3, 2023
in Business
3 min read
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Turkey is about to end of Wide business The neighborhood that will boast almost everything of The country’s most prominent institutions and their promises place Turkish city among the world’s most important financial centers.

Istanbul Financial Center (IFC) project I started in 2009 and underway developed in Atasehir district on the cityAnatolia side. Aiming to make Istanbul a competitive destination for international financial Institutions and investors and support the growth of Turkish economy.

center will be new home to most of most prominent in Turkey financial Institutions and bodies, including the Central Bank of Republic of Turkey (CBRT), Stock Exchange Istanbul (BIST), Banking Regulation and Supervision Agency (BDDK) and Capital Markets Board of Turkey (SPK).

Public lenders will Ziraat Bank, Halkbank and VakıfBank also You will move to the center which will be 1.4 million square meters (15 million square feet) of office space100,000 square meters shopping mall, conference and performance Center for 2100 peoplefive-star Hotel with an area of ​​30,000 square meters, and a car park with capacity for 26,000 vehicles.

Participation financing companies will be hosted by the IFC, financial Investment companies, portfolio management and insurance companies.

It is reported that leasing requests from domestic and foreign companies in addition process a demand list You have been.

the teacher project aims to create financial This is the center on equal to, if not greater than, the existing one in New York, London and Dubai.

IFM features All that is necessary to meet business world needs with innovative city model. It is expected to receive about 100,000 visitors per day, including workers.

21 office buildings, equipped with condition-of-the-art technologywill put all management systems under one roof. In addition, the high-level shopping mall, which will house 5star meeting rooms and world famous luxury restaurants designed to suit needs of employees and visitors.

The mall in IFM will reflect the essence of Center with its modern facilities, unique Architecture and functional design It is expected to boast shops of world famous retail brands.

Mall, spread over 3.3 kilometers of Streets, alleys and squares will provide open space-air the shopping experience It is widely offered range of Services and brand options in Categories such as gastronomy, clothing, technology, art, entertainment and other retail.

on Monday, environmentMinister of Urbanization and Climate Change, Murat Corum, said project Almost completed and expected completion in April.

Earlier this month, Arda Ermut, CEO of Turkish Wealth Fund (TWF), said the builder of Primarily completed Istanbul Financial Center.

Although they haven’t done it yet begin Leasing spaceErmut said they are currently plural demand He also stressed great interest.

IFM will have two components, commercial, such as a mall, and office spaces. There is a rise demand for commercial spaceHe don.

Ermut said they have already Transferring their management team, adding that Ziraat Bank was ready for it move in And the CBRT was nearing completion.

“We’re getting close to the point of Getting into the process after making it sure That there are no issues in construction f safety pregnancy out Some tests quickly.

We hope to start our operations in the first half of This is amazing year. “

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