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Tuesday, July 24, 2018 – 2:30 am | Last Updated: 24 07 2018 – 2:30
Rising exchange rates continue to affect rental figures in office and street stores. In the second quarter of 2018, rents fell in offices and street stores. Rented $ 32 in Levent, $ 21 in Gayrettepe, $ 23 in Maslak
![Change the dollar in the office!]( http: //idora.gazetevatan. com / vatanmediafil a / Haber598x362 / 23.07.2018 / bureau-Kiras à dollar cadre - 3630240.Jpeg « /> [19659004] rising rates, Turkey has reduced office rental and street Mazagan commercial real estate consulting firm Cushman & Wakefield. prepared "second quarter office Market Analysis Turkey 2018, retail and industrial and logistics," according to the report, the year where he continued the same trend during the first quarter in 22 street stores regressive and rents office percent in the second quarter. </p>
<div> office rents on the basis of square meters in the second quarter of the year in Istanbul Levent's 22 percent down $ 32, Esentepe-Gayrettepe area, 16 percent down from $ 21, Maslak, 17.9 percent down from 23 dollars, the number was dropped. While it was set at $ 25 in Anatolia and $ 14 in Izmir </div>
<div> it decreased by 11.8% in Ankara and fell to $ 15. </div>
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<p><strong> In favor of the tenant </strong></p>
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<p> The two main factors that made leasing activity still limited were the fluctuations in the June 24 election and the exchange rate. However, the seasonally adjusted unemployment rate fell to 9.9% in March 2018, but the 15.39% inflation rate in June and exchange rate fluctuations directly affected offices and leasing. </p>
<div> According to a report evaluated by the retail market, rents for major street shops monthly in the second quarter are reduced from 23.8% in Istanbul to $ 170, while in the second quarter, Ankara fell by 16.7% to 75 dollars, falling from 22.2% to 105 dollars. The main reasons for the slowdown in the downturn and demand came from pressure on retailers from rising exchange rates, Ramadan and early elections. The continued growth of some retail categories with new concept stores helped keep the balance. </div>
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<p> <strong> 200,000 m2 of new offices </strong> </p>
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<p> While the supply of qualified offices in Istanbul was 5.79 million square meters, it reached 5.99 million square meters in the second quarter. In the second quarter, 198,000 square meters of new offices entered the bazaar and supply increased by 14.74%, but decreased by 25.89% over the previous quarter. In the second quarter, the largest transaction on a square meter basis was the TAV in Vadistanbul with an office of 12 thousand square meters. Other important leases are the 2,000 m² Multinet in the Süzer Plaza, the 1,600 m² Kofork Flora office and the 1,500 m² Nef 09 GFK. </p>
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<div> – 55 thousand meters of new total of 207 thousand 500 square meters entering on the market in the second quarter Maltepe Piazza AVM in Istanbul, Anatolium Marmara AVM at 60 thousand meters, 65 thousand square meters of Westpark Outlet in Izmir and 27 thousand 500 square meters in Kırklareli 39. </div>
<div> – Operations in the mall market Seyir Gayrimenkul 's Gebze Center Shopping Mall in Doğuş Holding is about 102.5 million euros, Bakırköy Real Estate is accelerating with the purchase of Maltepe CarrefourSA for 835 million TL. </div>
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