Büyükdere Avenue: Not New Supply, but the Right Transformation Brings Profit
Increasing the supply of Class A office space on Büyükdere Avenue in the short term is difficult. There is no land available. Those that exist have been waiting for years. However, the real opportunity is not here.
Increasing the supply of Class A office space on Büyükdere Avenue in the short term is difficult. There is no land available. Those that exist have been waiting for years. However, the real opportunity is not here.
Office buildings on the main artery that have reached the end of their technical lifespan and are outdated in their segment;
can be transformed into Class A plazas with the right urban transformation. This transformation:
- Meets the demand in the region
- Increases rental levels
- Repositions the value of the asset.
Alternative axes are also signaling:
Kore Şehitleri Cd, Kasap Sokak, Nispetiye area…
Locations where quality office production creates value. The conclusion is clear:
It is not chasing new land, but transforming the existing asset that brings profit.
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