A Triumph at the Global RLI Awards in London for Fiba Commercial Properties

Managing leasing and operations for over 800,000 m² of leasable commercial real estate across Turkey, Europe, and the Far East, Fiba Commercial Properties (Fiba CP) continues to stand out globally with its achievements. At the Global RLI Awards 2024, one of the most prestigious events in the international retail and leisure industry, Fiba CP achieved significant recognition with its projects.

İnegöl Shopping Mall, managed and invested by Fiba CP, received the “High Commendation” Award in the International Shopping Centre Renovation category. Meanwhile, Downtown Bursa Living and Entertainment Center, also managed and leased by Fiba CP, won in the International Retail and Leisure Destination category. Both projects marked remarkable successes on the international stage.

Global Jury Commends İnegöl AVM

The jury at the Global RLI Awards 2024 highlighted İnegöl AVM under the theme of “High Efficiency”, praising:

  • The increase in visitor numbers

  • Growth in retailer turnover

  • Strong brand and tenant mix

  • Functional and efficient architecture

  • Contribution to the city center

Through these elements, İnegöl AVM was showcased as an exemplary project in terms of efficiency and sustainability.

A Transformation Story Behind Success

The award was won thanks to the innovative and sustainable practices implemented during İnegöl AVM’s renovation. As part of the “Transformation Story” Project, approximately 2 tons of wooden ceiling blocks were reused within the mall. From these, benches were designed for visitor use, while 300 kg of recycled natural wood was turned into a special play area for children.

This eco-friendly initiative prevented the cutting of around 80 trees, highlighting İnegöl AVM as not only a consumer-oriented space but also a responsible and exemplary project in the sector.

Carrying the Shopping Experience into the Future

Selected among nearly 75 projects from 10 countries, İnegöl AVM’s recognition in its category was especially meaningful as it was the only project to win an award in its segment.

Yurdaer Kahraman, CEO and Board Member of Fiba CP, expressed his pride:

“Competing against projects by global investment funds in major cities like New York, Riyadh, Macau, Berlin, and Madrid, İnegöl AVM being honored with this award is a reflection of our visionary perspective and our commitment to continuous innovation.

At Fiba Commercial Properties, our contributions to city centers include increasing visitor entries, boosting retailer turnovers, bringing international brands, and managing a strong tenant-brand mix. These factors were key to our success.

We have designed this project not only as a commercial hub but also as a social and cultural destination, transforming İnegöl AVM into a space where people connect and enjoy life.”

Kahraman further noted that the project has already won multiple awards, including the European Property Awards and U.S.-based MarCom Awards, proving the global recognition of Fiba CP’s renovation expertise.

Downtown Bursa: A Unique Retail and Leisure Destination

Highlighting another success, Kahraman said:

“In addition to İnegöl AVM, we are proud that Downtown Bursa Living and Entertainment Center, one of Turkey’s largest mixed-use projects, received an award in the International Retail and Leisure Destination category at the Global RLI Awards 2024.

Hosting more than 200 national and international brands, Downtown Bursa continues to differentiate itself in the sector with its unique shopping experience, innovative approach, and customer-centric services.

The success of Downtown Bursa, which we supported through leasing and management since its launch in 2023, reflects our commitment to delivering projects that meet international standards and enrich city life.”

A Globally Responsible Investment Model

Kahraman concluded:

“At Fiba CP, we do not limit ourselves to creating economic value but also focus on developing a socially and environmentally responsible investment model. With this approach, we have positioned ourselves as a standout player in the global commercial real estate sector.

Together with our business partners, tenants, and customers, we are building sustainable and long-term successes. This recognition at the Global RLI Awards is a source of great pride for our entire team.”

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