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Edip Uluslararası Gayrimenkul ve Turizm A.Ş. was found on August 17th, 2006 with 99.99% ownership by Edip İplik A.Ş. and has started “212 Istanbul” Project that covers a 222,000 m² Shopping Mall at the intersection of Basın Ekspres Yolu that leads to Atatürk airport with Bağcılar – Halkalı overcross. The planned completion target date for the project is late 2008. In addition to the Shopping Mall, a Residence Tower of 43 floors will be completed by Edip İplik A.Ş. This project, apart from shopping and residential functions, will serve as a natural living centre with its green and environmental design.
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The catchment area of the Shopping Mall, although extending six km. to Sea of Marmara at south, covers 30 km. radius to other directions encompassing over five million population. The Mall will be totally leased and the residence will be totally sold. The Shopping Mall has one market floor having a hypermarket and DIY, topped by two floors of prominent shops and one floor of food-court and entertainment. It is in fact a Power Centre having strong anchors, large variety of shops, ten picture theaters with spacious food-court serving outstanding tastes and extensive entertainment facilities for all members of the family. The Shopping Mall has a gross leased area of 68,000 m² with 100,000 m² carpark having a capacity of over 3,000 cars.
www.212istanbul.com
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