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Marmara Park is one of the largest and most extraordinary shopping and event centres in Turkey has opened, after a construction time of 21 months. 17 October 2012

After a construction time of 21 months, Marmara Park in Istanbul has opened. Drees & Sommer assisted with the project, working internationally.

Marmara Park is one of the largest and most extraordinary shopping and event centres in Turkey. The building’s architecture is reminiscent of a spaceship.

The total investment volume stands at EUR 220 million. 250 specialist stores, restaurants, cafés, a fitness centre and a cinema complex can be found in approx. 100,000 square metres of lettable area including the adjoining Bauhaus market and Real hypermarket. The project also includes a parking level with 4,000 parking spaces.

The developer, ECE Turkiye, brought Drees & Sommer on board at the outset of the project to serve as a consultant and project manager. To prepare for the project, the team in Turkey drew up a comprehensive project analysis with a precise schedule; it also reviewed and assisted with the entire planning, bidding and construction process. Critical trades were identified early on and any difficulties rectified to ensure successful building progress.

In addition to support with project management, Drees & Sommer was also responsible for financial controlling.

The owners of the shopping centre are a closed-end real estate fund by Deutsche Bank subsidiary DWS and ECE, each with a 50-percent share. The loan of EUR 115 million was provided by Finansbank, a Turkish bank.

 








 
 
   
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