Office supply expectation is 6,5 million m2 after three years !

According to TUİK search , office supply passed 3,5 million m2.The target is 6,5 million m2.

Office supply increased in addition to house constructions.

Office supply expectation is 6,5 million m2 after three years !

According to TUİK search , office supply passed 3,5 milliom m2.The target is 6,5 million m2.

Office supply increased in addition to house constructions.

Cansel Turgut Yazıcı who is the CEO of Real Estate Appraisal Consultancy said that the highest compactness ratio area of İstanbul is Levent -Etiler -Maslak district.

Yazıcı said: “This area draw attention that having  the highest rent value but airport area that edentified West area is the lowest rent value.

Anatolia Side compete with Europen Side.

There are 1 million m2 supply in Europen side more than Anatolia side.

Cansel Turgut Yazıcı said: “When we look at new projects, projects make progress worth Europen side with affecting of Finance center.

Demand Increase Expectation.

There is demand increase expectation in Kağıthnane-Seyrantepe and Kartal – Maltepe district.According to Eva report, business concept will cahnge other different centers of the town.

And according to report the Maslak line  will continue to development and the expectation is tendency of mixed-concept projects in office styles.

Renting Value is Changeable.

Approximately   squameter renting  per value  is 15-33 USD/M2/month at the A Plus offices ın Europen Side and is 20-30 USD/M2/MONTH in Anatolian side.

2014 will be office year.

Ömer Faruk Başaran who is the founder of ASİAD said that office investment would be most profitable in 2014.

Ömer Faruk Başaran,”According to investigations office investment is profitable in short term.Office investment provide more renting revenue to buyers.”