Goztepe istanbul outline presentation atillagençten

GOZTEPE - ISTANBUL

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Project Goztepe – Main Figures & Data Project Description

Key Figures

 The Project is located at E-5 motorway, Goztepe Junction in the Anatolian side of Istanbul

Date of Acquisition

The area consists of 30 parcels which were bought on March 2007

 This location makes the property easily accessible from most of the business and residential districts of Anatolian side of Istanbul.

Land Ownership

Ownership

Land Size (sq. m.)

89,400

Zoning

To be completed

 The project initially designed was for a shopping center of 120.000 sq. m. of GLA, in 4 levels, with a 13.500 sq. m. hypermarket and 4.500 pk places, one office tower of 21.000 sq. m. of GLA plus 2 residential buildings.

Status & Issue  Zoning for large scale development has not been requested depending on the future project to be developed in the site.  There is an annotation on the plot in favor the Ministry of finance, which will be part of the zoning process.  Approximately 17.430 sq. m. still need to be acquired for a retail project to be developed (which will bring the total land to approx. 107.897 sq. m.).  The company has a tax credit, to be compensated in the future, for VAT Receivable, for approximately 36 M TL.

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Project Goztepe - Location

SITE

Project Goztepe - Competition Map & Location

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Project Goztepe – Aerial Views

Size and boundaries

Cadastral roads & Parcel no. 82

There is 11,675 m² of cadastral road belonging to Kadıköy Municipality.

Parcel no. 82 belonging to IMM with size of 5,751 m²

General Outline for a Potential Design –for reference –

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Shopping Center Potential Outline Design –for reference –

Offices and Residential Potential Outline Design –for reference –