Vastned acquires high street shop in Istanbul
Vastned has acquired a 2,000 sqm high street shop on Istasyon Caddesi in Bakirkoy, Istanbul. The vendor of the property is a Turkish company.
The property, with a total lettable area of 2,000 sqm is located on Istasyon Caddesi 27, which is at the heart of the high street area in Bakırköy in Istanbul. Bakırköy is located on the European side and is an important commercial and residential district. It is a 250 m long pedestrian street with continuous high footfall during weekdays and weekends. The lease with Turkish fashion retailer LC Waikiki has a remaining duration of 13 years. The company has its roots in France and has been active since 1997, presently in 11 countries through 370 stores.
via Vastned acquires high street shop in Istanbul.