Location: Ankara, Turkey
Type: Mixed-use (Retail and Office)
Dates: Operational since 2013
Size: 1,638,536 SF BUA Retail and 301,389 SF BUA Office
Total Project Investment: 140 Million Euros
Taurus has developed a shopping center and 34-story office tower on the busy Konya Highway, in Turkey’s capital city Ankara, which is closely located to the business/government district and well-developed residential neighborhoods.
Taurus sought to eliminate risk by preselling the office tower to a local company and establishing pre-leasing agreements with anchor tenants such as TESCO, ZARA, H&M, Koton and Cinemarine (14 screen cinema operator).
With a stabilized occupancy above 95%, footfall in the mall increased year by year, since completion in 2013. Taurus Ankara has become of the most widely visited shopping malls in the city.