Fiba CP Is On The Rise With New Projects!

Continuing its leasing and management activities of various commercial real estate projects in Turkey and worldwide, Fiba Commercial Properties participated in the Retail Days held at Haliç Congress Center on 1-2 June 2022. Fiba CP CEO and Board Member Yurdaer Kahraman mentioned that they focus on creating advantages in each stage of their work for all stakeholders and that the Fiba CP ecosystem will continue to bring advantages with every new project.

3 June 2022, Istanbul;

One of the leading commercial real estate investors of Turkey, Fiba Commercial Properties (Fiba CP) attended the Retail Days held at Haliç Congress Center on 1-2 June 2022. Exchanging the latest developments and information about projects with its stakeholders at its stand, Fiba CP also shared the excitement of new projects with the attendants.

Fiba CP CEO and Board Member Yurdaer Kahraman highlighted that in all of its projects, Fiba CP’s focus is to create added value for investors, brands and public. Kahraman said that Fiba CP ecosystem will continue to gain and create social advantages with every one of its new projects.

Fiba CP grows with new projects!

As of 2022, Fiba CP has been operating in 4 countries with 11 shopping malls, more than 700,000 m2 of leasable areas, 4 residences, 5 office buildings, 3 cinema complexes and hotel investments. Fiba CP, which has undertaken the management and leasing of the shopping mall area of DownTown Life and Entertainment Center, which is thought to be the new attraction center of Bursa in 2022, continues its engagements for new projects. Fiba CP has also undertaken the leasing and management processes of Sky Tower, the highest office project of Bursa. Another project in which Fiba CP team is preparing to add value in management and leasing will be located in Antalya.

Providing information about the projects, Yurdaer Kahraman stated: "With the management of Downtown Life and Entertainment Center, which is one of our projects in Bursa, we will continue to make a difference with our 360-degree service approach and pioneering experience in the sector. The synergy we have created with Atış Yapı, the investor of Downtown Life and Entertainment Center, Bursa's first and largest mixed life center, already makes us excited for our global collaborations that we will establish in the future. In a short while, we shall also be introducing our other projects in Bursa and Antalya to the sector for the gains."

Ahmet Atış, Chairman of the Board of Directors of Atış Yapı, mentioned that "We are happy that the management of Downtown Life and Entertainment Center is undertaken by Fiba CP, one of the leading companies in the sector as a subsidiary of Fiba Group. We are planning to establish a long-term and strategic cooperation with Fiba CP in our future projects too."

Shopping malls are a source of morale and motivation...

Yurdaer Kahraman mentioned that shopping malls are very important for morale and motivation of the society today, and the mission of shopping malls has exceeded shopping especially for the last 10 years. Reminding the crowdedness of shopping malls after the quarantine of the pandemic process, Kahraman said: "Many people interpreted the demand for shopping malls at that time as a negative reflection of the consumer society. According to our perspective, this trend was a sign of people's longing for joining the crowd, socializing, and routine. Shopping malls are not just places where cosmetics or clothes are purchased, these are the points where the heart of the city beats - the squares of our age. 99 percent occupancy rate of all our shopping malls in the world indicates this.” Kahraman said that this approach takes the mission of shopping malls one step further in giving social messages and setting an example. Yurdaer Kahraman pointed out that embracing a perspective of sustainability in all steps of project management is not a trend, but a vital necessity. Kahraman stated that it is essential to leave shopping malls for the next generations that are not only of high quality or entertaining, but also alive and productive.

Details about FIBA Commercial Properties (Fiba CP), which invests in shopping malls, offices, residences, hotels and cinemas in Turkey and around the world with the aim of increasing the efficiency and performance of commercial real estates, can be found at www.fibacp.com.tr.

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