On behalf of regional investors, Apleona is taking on property and centre management and letting of the retail space in three Turkish shopping and outlet centres. The centres are Akyaka Park Shopping Centre and Olivium Outlet Centre, both located in Istanbul, and MarkAntalya Shopping Centre in Antalya in the southwest of the country. Together, the three retail properties cover more than 127,000 square metres of rental space. The parties have agreed to not disclose the contract volume.

Olivium Outlet Centre was opened in 2000 as the first outlet centre in Istanbul. It comprises 140 shops with a total of 35,000 square metres of rental space let to domestic and international retailers. Also in Istanbul is Akyaka Park Shopping Centre, which was opened at the start of 2016 and has total rental space of 41,000 square metres spread over 140 shops, a food court with 1,500 seats, 36 cafés and restaurants, a large play area for children and a nine-screen cinema complex. Opened in 2013, MarkAntalya Shopping Centre in the heart of the city of Antalya is the most-visited shopping centre on the Turkish Mediterranean coast. It offers a broad mix of internationally renowned and local brands and a variety of entertainment facilities on 51,000 square metres of rental space. The centre includes the city’s most modern car park with a capacity of around 3,000 parking spaces.

Apleona currently manages 420,000 square metres of rental space in Turkey including shopping and outlet centres, specialist stores and large mixed-use complexes. The services performed by Apleona on behalf of investors, developers and owners of retail properties include developing centre concepts, letting, marketing and management, as well as tenant support and advice on long-term value enhancement for retail investments.