Torun Tower – İstanbul
Project Details

Torun Tower is located on the main street of Büyükdere in Şişli, the most expensive commercial district in İstanbul. With Torun Tower, comfort and efficiency standards of the business world are changing.

Designed as an A Class office project, Torun Tower rises on a 15,000 m² of land as a 34-story building consisting of 66,000 m² of office space. With office options offered by Torun Tower ranging from 350 m² to
1,000 m², the pace of work is changing in the business world. İstanbul gained a work environment exceeding its usual standards. Located just 10 m from the Gayrettepe Metro Station, Torun Tower offers two different
office types: tower and flat. The tower office, with an average office floor space of 1,700 m², aims to be İstanbul’s largest leasable tower office floor space. Two flat office floors, created with garden and terrace concepts, consist of office units ranging between 800 m² and 1,900 m².

The construction of the Torun Tower project in Gayrettepe started in 2011 and was delivered to DenizBank in June 2014. As the largest office space rental in Turkey to date, a total of 60,023 m² of the Torun Tower Project, excluding the top four floors to be reserved for the use of Torunlar REIC, was rented out to DenizBank for a period of 10 years in February 2014. On January 11, 2014, DenizBank relocated its headquarters to Torun Tower.

Bringing new vitality to the office concept with an exceptional location, unique architecture and an A Plus status, Torun Tower was deemed worthy of LEED Gold Certification in July 2014, having fulfilled LEED criteria related to sustainable spaces, water efficiency, energy and environment, materials and resources, as well as inner air quality.

Ownership : Torunlar REIC (100%)
 
Occupancy Rate : '%93
 
Start of Construction : December 2011
 
Date of Completion : June 2014
 
Construction Cost : TRY 135.6 million
 
Appraisal Value (December 2016) : TRY 1,492 million
 
Rental Income + Common Area Income : TRY 61.723.000
 
Leasehold/Freehold Status : Freehold
 
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