Press Release

March 12th 2013

Countdown to Zorlu Center, Istanbul's
New Center of Attraction

(Virtual Press Office) -- Zorlu Property Group was in the limelight of foreign investors at MIPIM 2013; the leading real estate event held in Cannes, France on March 12th-15th. Zorlu Property Group, with the goal of implementing globally recognized projects, promoted the Zorlu Center and Zorlu Levent Office projects among the world's most prestigious and leading projects at the Riviera Hall.

This year, MIPIM holds particular significance for Zorlu Property Group. Besides Turkey being the guest country of honor, the event will coincide with the opening of Zorlu Property Group's most remarkable project. Soon to be opened Zorlu Center is regarded as among the top mixed-use projects in Europe. Zorlu Center which will be opened in Q3 2013 contains a Performing Arts Center, the premium luxury hotel Raffles, the residences with enchanting Historic Peninsula and Bosporus view, a shopping mall that will be home to an array of worldwide brands, and modern offices.

Mehmet Even, the Executive Vice President of Zorlu Property Group, claims that they've met many investors at MIPIM since 2011, when they first participated in the event. He states that on verge of opening their most significant project, Zorlu Center, they have received many partnership and acquisition offers for all of their projects, and particularly for Zorlu Center.  As the guest country of honor at MIPIM 2013, Zorlu Property Group has been running noteworthy studies and events for promoting Turkey. During MIPIM 2011, approximately 7,000 exclusive guests were hosted at Istanbul themed opening gala which was sponsored by Zorlu Center.

A Valued Project at the Crossroads of the Asian and European Continents: Zorlu Center

Established on Istanbul's most valuable property, state land in Zincirlikuyu, Zorlu Property Group aims to create a new attraction center in the heart of Istanbul with the development of Turkey's first five functions "mixed use" project, Zorlu Center.

Located at the crossroads of the Asian and European continents overlooking the Istanbul Bosporus, Princess islands, historic peninsula and adding value to Istanbul, Zorlu Center project began with the purchase of the property in 2007 for a total of $800m. It is designed by the joint venture firm of the Ağa Han architecture award-winning celebrated Turkish architect Emre Arolat (Emre Arolat Architects) and Turkish architect Murat Tabanlıoğlu (Tabanlıoğlu Architects), who has attracted great attention by being chosen as the best architect in the Middle East.

In collaboration with Istanbul Metropolitan Municipality; Zorlu Property Group, operating with a sense of responsibility for the environment and Istanbul, is also carrying out the construction of the access tunnels with a total length of 770 meters which will provide a safe and convenient access for pedestrians to Zorlu Center. Zorlu Center will become an 'international attraction center' with the best view of Bosporus and its 72.000 m² green areas. The project is planned to be opened with all its components in Q3 2013.

Zorlu Center's Performing Arts Center Prepares to Raise the Curtain as The New Address for Broadway Shows in Europe

When developing Zorlu Center project, it was identified that one of Istanbul's greatest needs was a space in which cultural-arts events could be realized. Developed in order to host various art disciplines, the multi-purpose Performing Arts Center was given an important place within Zorlu Center.

The 50.000 sqm Performing Arts Center can accommodate up to 3.070 spectators, which will be Turkey's largest center for the performing arts. Following its opening, it will play host to various art performances such as world renowned musicals, concerts, theater and dance performances, art exhibitions and events. Featuring a main performance hall specifically designed for high-energy, amplified performances that can accommodate up to 2,300 spectators, as well as a 770 person hall featuring natural acoustics, the center will bring world-famous performances to İstanbul.

Performing Arts Center, which will feature the world premiere of musicals and performances that have run in London – West End and New York – Broadway and which is being built with an investment of $300m. Performing Arts Center will be operated by Nederlander which celebrates its 100th anniversary

Zorlu Center Will House World's "Premium Luxury" Brand Raffles Hotel

Getting ready to house the world's renowned brands, Zorlu Center has chosen to work with the "premium luxury" hotel brand Raffles Hotel & Resorts. Investing $250m on top of the investment made on the property, Raffles Istanbul Zorlu Center aims to realize the "Business & Leisure" concept, preserving its traditional characteristics as in other hotels of the brand while reflecting Istanbul's historical and quintessential attributes.

Raffles Istanbul Zorlu Center boasts a total of 184 rooms, each of them with a different design, comprising 136 standard rooms, 47 suites, and one Presidential Suite. The rooms are larger than average, enabling guests to relax and enjoy the unrivalled beauty of Istanbul in comfort and luxury. Raffles Istanbul Zorlu Center is designed to ensure room sizes of around 62 square meters in standard rooms, 130 square meters in single suites, 250 square meters in double suites, and 350 square meters in the Presidential Suite.

The hotel also consists of a ballroom with a capacity of 1,200 people, which will be directly linked to the Performing Arts Center. With world famous restaurants featuring unique tastes, personal butlers and an unparalleled SPA of 3,000 sqm, the Raffles Istanbul Zorlu Center is the product of a sophisticated approach.

The interior architecture will be designed by Hirsch Bedner Associates (HBA), the group responsible for world renowned hotel interior designs such as The Ritz Carlton Dubai, Mandarin Oriental New York and the Four Seasons Hotel Jakarta.

Zorlu Center Shopping Mall Will Become Istanbul's New Flavor and Fashion Center

With its planned concept, Zorlu Center Shopping Mall will become Istanbul's new flavor and fashion focal point. The shopping mall, with its environmentally-friendly approach, will house selective stores. Distinguished restaurants will enrich the social life of the mall. With a main square of 10,000 sqm, approximately 60,000 sqm of rental space and different concepts on different floors, Zorlu Center Shopping Mall will have three vehicle and four pedestrian entrances for easy access.

Residences Will Offer a Unique Living Experience

The Residences at Zorlu Center bring İstanbul's most distinguished families an exciting new lifestyle option with breath-taking views of the Bosphorus, Princess Islands  and the historic peninsula in units ranging in size from 117 square meter to a palatial 735 square meters and models including everything from 1 + 1 studios to 5,5 + 1 executive homes. The Tower and Terrace Residences will be within walking distance of Istanbul's largest Performing Arts Center, the dine in style at an award-winning chef's restaurant or shop for top global brands at a luxury boutique.

Modern Offices Offer a Chance to Work in Comfort and Greenery

One of the most exciting parts of the Zorlu Center project, the offices' with integral green spaces, all located at the center of İstanbul's busiest commercial district. Located in the central business district, Zorlu Center is easy to reach on foot and by metro or metrobus. In addition, a combination of private expressway access roads and tunnels will ensure easy access to Zorlu Center. The Offices at Zorlu Center will not only increase your productivity but also make your work life more enjoyable.

Zorlu Center Attracts Attention with the Awards It Received During its Construction
Zorlu Center has been recognized to date with the world's most prestigious real estate awards;
2012 - Best Shopping Center Award – Turkey's Most Successful Real Estate Investments
2012 - Best Culture & Art Construction Award – Turkey's Most Successful Real Estate Investments
2012 - Best Tourism Complex Award - Turkey's Most Successful Real Estate Investments
2012 - Building/Construction Best In Class Web Award– Interactive Media Awards
2011 - Best Web Award at Real Estate Category – Altin Orumcek Web Awards
2011 - Euromoney Real Estate Awards
2011 - Public and Jury's Award at Mixed Use Project – Turkey's Most Successful Real Estate Investment
2011 - Grand Jury Award - Turkey's Most Successful Real Estate Investment
2011 - Architecture – Green Good Design Awards
2011 - Regeneration and Master Planning – MIPIM Architectural Review Future Projects Awards
2009 - Best Commercial Architecture - Europe and Africa Property Awards
2008 - Best Master Plan - Cityscape Dubai Architectural Awards

An A+ Office Project from Zorlu Property Group for Istanbul: Zorlu Levent Office

Zorlu Levent Office is an A-Plus office project developed by Zorlu Property Group and located in the heart of central business district Büyükdere Street, which aims to add value to İstanbul. Zorlu Levent has a construction area of 110.000 sqm, designed by Tabanlıoğlu Architecture and contracted by Koray Construction Inc. The project is awarded as Best Office Project by International Property Awards 2010, which is one of the most prestigious awards in architecture world and has LEED Gold certification

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Zorlu Property was set up as a subsidiary of Zorlu Holding in 2006 in order to develop quality houses, office, business center, shopping mall, hospital, hotel and commercial warehouses on valuable lands in Turkey and in other countries to sell, hire or operate investments in the real estates it develops. The objective of Zorlu Property is to develop globally competitive and unique projects on prime locations and provide full customer satisfaction by correctly analyzing the market expectations, customer demands and needs.

Press Contact:
Global Hill + Knowlton Strategies: +90 212 270 52 32
Elif Kupa – elif.kupa@hkstrategies.com

 
 
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