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2 clusters · 4 sources · 1 days · First seen · Last updated

Istanbul retail real estate market trends

Overview

Retail occupancy rates on Istanbul’s most prestigious shopping streets have reached 98%, according to data from CBRE Turkey. Demand for high-quality retail space is currently outstripping supply, particularly in key locations such as Nişantaşı—specifically Abdi İpekçi and Teşvikiye streets—and Bağdat Caddesi on the Anatolian side.

This surge in demand is driven by the expansion plans of international luxury brands and a consumer preference for open-air shopping and social experiences. Sectors showing intense interest include luxury retail, cosmetics, gourmet restaurants, and food and beverage.

Due to the scarcity of available ground-floor spaces with high visibility and pedestrian traffic, the rental market is shifting in favor of property owners. The limited supply of qualified retail areas means that vacant spaces are being leased almost immediately, often before they are even officially back on the market.

Entities

Istanbul · Nişantaşı · Can Kadir Yalnızcan · Bahçelievler · CBRE Turkey

Timeline

  1. 6 days ago

    [BUSINESS] 2 sources
    Istanbul retail occupancy hits 98% on prestigious streets

    Retail occupancy in Istanbul’s premier shopping districts, including Nişantaşı and Bağdat Caddesi, has hit 98% due to high demand from international luxury brands and gourmet sectors.

  2. 7 days ago

    [BUSINESS] 2 sources
    Istanbul shopping event draws large crowds in Bahçelievler

    A major discount shopping event titled ‘Tent Days’ has launched in Bahçelievler, Istanbul, drawing large crowds and visitors from other cities for brand-name sales.

Sources

61saat.com · aksiyon.com.tr · emlakdream.com · tasinmazhaber.com