Prestigious commercial center in Istanbul Bahçeşehir, called the first luxurious shopping center and boutique in Türkiye, closed due to challenging activities and management issues.
Mall Mall's shopping mall and life center has been operating in the Pond area of Istanbul Bahçeşehir for many years, completely closed at the end of this month.
Mall Mall, one of the shopping malls designed in the luxury concept and first store of Türkiye, will end its activities in late June.
The employee said that the balance of income increased has been worse for a long time and the salary is not paid regularly.
Although an official statement has not been made from the mall manager, the closing process is made silently and controlled. The shopping center area (shopping center), at 450 across Türkiye, faces serious conversion pressure in recent years. Digitizing, increasing online shopping, economic spasms and increasing operating costs, achieving the speed after Pandem, creating shopping centers, especially traditional structures.
Founded in -2000 when investing in accelerating shopping centers, projects, established with a vision to be the first shopping mall in the luxury segment and shop, opened in March 2007 with a total area of 25 thousand square meters and a rental volume of 12 thousand square meters.
Prestigious trade center, made by Süzer Group, was sold to Quinn Ireland Group for $ 55 million in 2007 immediately after its opening. The benefits of investors are not limited to this sales. In 2013, MSFD Gayrimenkul A.ş. The center, taken over by, has come to the agenda with those involved in different corruption allegations in 2016.
At that time, the businessman Mansur Topçuoğlu'nun tried to buy a shopping mall that was reflected in the press. However, this purchase did not take place and MSFD A.ş. Still.
Over time, the shopping mall has reduced traffic, narrowed the brand and lost its competitiveness, and has become mainly disordered except for some symbolic stores over the years. In recent years, the occupancy rate of less than 50 percent of employees of the shopping center, income balance and costs has been decreased and therefore the salary has been broken for a long time, he added.