Turnover of Shopping Malls in Turkey
The total investment volume of the Turkish shopping mall sector stands at $52 billion ($15 billion foreign investment) as of January 2016. However, there is still room for investment in the market since only 57 of Turkey’s 81 cities have shopping malls. The Shopping Mall Investment Association predicts that 40 new shopping malls, worth $3 billion in potential investment, will be constructed by 2019.
