Akasya

Akasya is a large shopping mall and mixed-use development in Acıbadem, within Istanbul’s Üsküdar district. The complex combines a retail center with residential accommodation and is positioned as a destination serving shoppers, residents, and visitors on the Asian side of Istanbul. Its shopping center provides approximately 80,000 square metres of gross leasable area and contains around 250 stores, including a hypermarket and a range of department-store, fashion, lifestyle, food, and entertainment tenants. Retailers identified with the center include Beymen, Boyner, and Vakkorama. The development was built on the site of a former car factory. It was developed by SAF Real Estate Investment Trust, described in reference material as a participation of Akiş Real Estate Investment Trust. In addition to the mall, the wider complex contains 1,357 residences, making Akasya a mixed-use project rather than a stand-alone retail property. The combination of housing and shopping is central to its operating model: residents provide an integrated local customer base, while the mall’s scale and tenant mix attract visitors from other parts of Istanbul. Akasya opened on March 6, 2014. Its location in Acıbadem places it in a densely populated and well-connected part of Istanbul’s Asian side, although the available reference material does not specify individual transport links, annual visitor numbers, occupancy, sales, or current ownership arrangements. The property is therefore best described as an Istanbul shopping-center brand and mixed-use real-estate destination, rather than as a conventional consumer-goods brand. The brand’s public-facing proposition is centered on consolidated retail and leisure services in a large, modern complex. Its store portfolio includes established Turkish department-store and fashion names, while the residential component extends the project’s role beyond occasional shopping visits. No reliable reference material supplied for this dossier establishes a separate international operating network, a publicly traded Akasya entity, named executives, major campaigns, scandals, or financial performance figures. Those fields remain unreported rather than inferred.

Akasya was developed in Acıbadem, Üsküdar, Istanbul, on the site of a former car factory. The project was conceived as a mixed-use development rather than solely as a retail property. Its components include a large shopping center and 1,357 residences, linking commercial activity with an on-site residential population. The development was carried out by SAF Real Estate Investment Trust, which reference material identifies as a participation of Akiş Real Estate Investment Trust. The retail component was planned at approximately 80,000 square metres of gross leasable area. Its intended tenant mix included a broad collection of retailers, with department-store and fashion names such as Beymen, Boyner, and Vakkorama specifically identified among the stores. A hypermarket was also included, reinforcing the center’s role in both destination shopping and routine household purchases. Akasya opened to the public on March 6, 2014. The opening marked the transition of the former industrial site into a major retail and residential destination on Istanbul’s Asian side. The center’s approximately 250 stores, together with its residential units, gave the development a broad customer base comprising local residents, nearby communities, and visitors. The available source material does not document subsequent ownership changes, expansion phases, rebrandings, executive appointments, financial results, or major corporate controversies. It also does not provide verified information about visitor numbers, tenant turnover, transport infrastructure, or the current operating structure. Accordingly, the documented history of Akasya is limited to its redevelopment from a former car-factory site, its construction as a mixed-use project, its developer relationship with SAF REIT and Akiş REIT, and its opening in 2014.

• 2014

  Akasya opens

  [1]Akasyaen.wikipedia.org

  Akasya shopping mall opened on March 6, 2014, as part of a mixed-use development in Acıbadem, Üsküdar, Istanbul.

A large, integrated shopping and residential destination serving Istanbul’s Asian side, with a broad tenant mix and a substantial mixed-use footprint.

• Shopping mall · 2014

  Akasya Shopping Center

  The core retail component of the Akasya development in Istanbul. It has approximately 80,000 square metres of gross leasable area and around 250 stores, including a hypermarket and department-store and fashion tenants such as Beymen, Boyner, and Vakkorama. The center serves both the surrounding residential population and visitors from elsewhere in Istanbul.

• Residential development · 2014

  Akasya Residences

  The residential component of the Akasya mixed-use complex. The development contains 1,357 residences integrated with the shopping center, creating a combined living, retail, and services environment. The supplied reference material does not specify the unit types, amenities, sales history, or current management arrangements.

1. 1Akasyaen.wikipedia.org
2. 2Akasya official websiteak-asya.com.tr