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Office Space for Sale in Turkey

Commercial building which includes shopping outlets and office blocks for sale in Turkey.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees < 2
Legal Entity Other
Reported Sales USD 10 million
Run Rate Sales USD 10.2 million
EBITDA Margin 30 %
Industries Office Space + 1 more
Locations Turkey
Local Time 12:29 AM Europe / Istanbul
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 120 million (Native Currency: USD 120,000,000)
Reason: Owner is looking for a buyer post completing the renovation.
Includes physical assets worth USD 50 million
Interested to connect with advisors
Documents
Investment Teaser
Compay Logo
Consultant CV
Business Overview
- This is a very uniquely built commercial complex operating since 2004, comprising of 300-350 commercial spaces in a building of 34 floors.
- The building has 4 floors for shopping complex and 30 floors of office blocks.
- It is located at a very central location with the intersection of main roads.
- The spaces are owned by very well-known brands, and has twice the number of visitors to the nearest competitor, with over 1 million visitors annually.
- Currently, the commercial complex is temporarily non-operational since it is undergoing renovations.
- Promoter has experience of 10 years as being a part of the building's management.
Products & Services Overview
Commercial building comprising of Shopping complex and office floors.
Facilities Overview
Well facilitated 4 shopping floors and 30 floors of office spaces.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Istanbul, M&A Advisor connected with the Business
  • Earlier than 15 days
    General Manager, Istanbul, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Mumbai, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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