ANKAmall & Crowne Plaza Hotel – Ankara
Project Details

Located in Yenimahalle at the intersection between the Istanbul and Konya highways, ANKAmall is directly accessed over a pedestrian walkway that connects the Akköprü Metro Station with the shopping center

The ANKAmall Shopping Center boasts significant competitive strength with its tenant mix, central location, ease of transportation; a free car park with a capacity for 6,000 vehicles and 315 stores. The mall also hosts the 263 room Crowne Plaza Hotel.

Ownership : Yeni Gimat REIC in which Torunlar REIC holds 14.83% stake
 
Operational Date : 1999
 
Construction Cost : TRY 37.5 million
 
Gross Leasable Area (m²) (Yeni Gimat REIC’s Share) : 88,688 (Torunlar REIC’s share 13,152)
 
Occupancy Rate (%) : 92% (December 2015)
 
Number of Stores : 292
 
Number of Rooms : 263
 
Anchor Tenants : Migros, Koçtaş, Bimeks, Boyner, H&M, Mudo City, Marks&Spencer, LCW
 
Apprasial Value (December 2016)* : TRY 251.2 million
 
Market Value (December 2015)* : TRY 211.3 million
 
Leasehold/FreeholdStatus : Freehold
 
Rental Income + Common Area Income : ANKAmall TRY 165,8 million
Crowne Plaza TRY 7.4 million
*Torunlar REIC’s share
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