Turkey, 25 February 2014
Forum Diyarbakir continues to rise
The construction of Forum Diyarbakir, Multi Development’s 12th shopping centre in Turkey, is continuing apace and the centre is on track to open its doors in December 2014. Multi is realizing Forum Diyarbakir in a 50:50 partnership with Turkish developer Altındağ Gayrimenkul Yatırım Geliştirme İnşaat Şirketi, a company with a solid track record of investments in the region and valuable knowledge of the local market. The new shopping centre will be a major attraction in the city of Diyarbakır and the surrounding region, with a total lettable space of 53.000 m².
Multi Development Turkey’s second project in the country’s south-eastern Anatolia Region, Forum Diyarbakır is set to become the new centre of attraction of this ancient city, with its distinctive architecture, its exclusive mix of leading local and international brands, social and cultural activities and entertainment areas. Once Forum Diyarbakır opens its doors in December 2014, the new shopping centre will offer employment opportunities to 1,500 people.
Local and international brands meet in Forum Diyarbakır
Forum Diyarbakır will serve the city of Diyarbakır and the surrounding region with a hypermarket, a DIY-store, a movie theatre complex, restaurants, cafes and a mix of top local and international brands in a lettable area of 53,000 m².
Forum Diyarbakır, which will be one of the city’s largest shopping centres, will host a Cinemaximum multiplex movie theatre, plus brands such as Media Markt, Koçtaş, Madame Coco, Yves Rocher, Korkmaz, Roberto Bravo, Simit Sarayı and Kahve Dünyası, all introduced to the residents of Diyarbakır for the very first time. In addition, the centre will offer a mix of 145 national and international brands, including Deichmann, Kiğılı, Opmar, English Home, Toyzz Shop, Altınbaş and Korkmaz.
About Multi Development Turkey
Multi Development Turkey is part of Multi Corporation a leading developer and manager of inner-city retail space in Europe and Turkey, comprising complementary companies in property & asset management, investment, and development. Multi has more than 185 real estate projects realized in 13 European countries and 56 shopping centres under its management. Multi is active in 13 European countries today, including The Netherlands where the company is headquartered, as well as Belgium, Portugal, Spain, Italy, Germany, United Kingdom, Czech Republic, Poland, Ukraine and Turkey.
Multi Development Turkey has already invested some € 3.4 billion in the Turkish retail market and is currently managing 11 Forum shopping centres. Projects currently in the pipeline will take the number of Forum shopping centres to 16 across all the regions of Turkey by 2015. Multi Development Turkey is the sector leader in both Europe and Turkey with total lettable area of 721,000 m².
Multi Development Turkey’s first project was Forum Bornova Shopping and Life Center in Izmir. This was followed by Forum Mersin, Forum Çamlık, Forum Trabzon, Forum Aydın, Forum Ankara Outlet, Forum Istanbul, Forum Kapadokya, Marmara Forum Shopping Center, Marmara Forum Garden Office, Forum Kayseri and Forum Gaziantep.
Multi Development Turkey projects in development include Forum Diyarbakır (under construction), Forum Adana, Forum Çanakkale, Forum Çorum and Forum Elazığ and by 2015 Multi Development Turkey will be present in all seven regions of Turkey.
Forum Shopping Centres, with master plans by T+T Design, Multi’s in-house design studio, quickly become an indispensable part of the commercial, social and cultural life of the cities in which they are located.
About Altındağ Gayrimenkul Yatırım Geliştirme İnşaat Şirketi
Founded in 1990 and headquartered in Ankara, Altındağ Gayrimenkul Yatırım Geliştirme İnşaat Şirketi is a leading Turkish developer, responsible for numerous projects built to international standards, including construction and tourism projects. The company has carried out construction and infrastructure projects for the Turkish Ministry of Defence, the General Directorate of State Hydraulic Works, Ministry of Public Works, the General Directorate of Construction, General Directorate of Highways, the Ministry of Housing Development, the Turkish National Police, Universities and several other public institutions.
Altındağ İnşaat is preparing to meet the future as a global company with numerous construction and tourism sector projects and new projects built to international standards. Altındağ İnşaat’s goal is to continuously add value to projects, with well-planned investments, regardless of the conditions, and aims to launch larger scale projects in the future.