Fenerbahçe University has purchased a shopping mall!

Economy writer Necla Dalan, in her article titled "Fenerbahçe University has purchased the Novada Shopping Mall", stated that the Novada Ataşehir Shopping Mall was sold for a price of at least over 60 million dollars.

Dalan included the following statements in her article: "I learned that the Novada Ataşehir Shopping Mall was sold last week. The buyer is Fenerbahçe University. Fenerbahçe University, which is currently a tenant at Metropol Istanbul, will reportedly begin serving in its own building in the coming months with this purchase."

According to this information, it is stated that Fenerbahçe University will begin serving in its own campus building by purchasing the Novada Ataşehir Shopping Mall.

Highlights from the article are as follows:

“Ataşehir is one of the most valuable regions in Istanbul… Giant residential and office projects, along with its proximity to the Istanbul Financial Center, have further increased the value of the region.

Naturally, large buildings and offices in the region frequently change hands. For example, the fact that a Syrian businessman purchased the 38-story Avrupa Office Ataşehir building, constructed by Artaş Construction, for 85 million dollars last year kept the rumor mill quite busy. There are also many shopping malls in Ataşehir.

The Metropol Istanbul Shopping Mall, located within the Metropol Istanbul project consisting of three towers, is currently one of the most popular centers in the region… When the Metropol Istanbul Shopping Mall, which houses 250 stores, opened, many shopping malls experienced difficulties. One of these was the Novada Ataşehir Shopping Mall.

Opening its doors in 2013 in partnership with Turkmall and the Ataşehir Municipality, the Novada Ataşehir Shopping Mall has recently become a place used by the municipality as a wedding hall. The Novada Ataşehir Shopping Mall, which has a 14 thousand square meter plot, is located five minutes away from luxury residences such as Varyap Meridian, Dumankaya İkon, Ağaoğlu, Kent Plus, and Up Hill, as well as the Fenerbahçe Ülker Sports and Event Hall and Metropol Istanbul.

The Istanbul Financial Center was also built to the north-west of Novada Ataşehir. The Novada Ataşehir Shopping Mall is also very close to the Acıbadem University Kerem Aydınlar Campus and the Yeditepe Foundation University Campus…

I learned that the Novada Ataşehir Shopping Mall was sold last week. The buyer is Fenerbahçe University. Fenerbahçe University, which is currently a tenant at Metropol Istanbul, will reportedly begin serving in its own building in the coming months with this purchase. I did some research on how much the sale took place for. It is stated in real estate circles that the square meter investment cost of the worst shopping mall is currently around 1000 dollars. It is being discussed that the Novada Shopping Mall was also sold for a price of at least over 60 million dollars.

Fenerbahçe University, founded by the Fenerbahçe Education, Culture and Health Foundation, was established on November 24, 2016. After the management led by Ali Koç took office at the Fenerbahçe Sports Club in 2018, the operating rights of the university were given to the Medicana Health Group. The parties signed a 10-year agreement. According to the agreement, the real estate and operating rights owned by Fenerbahçe University were completely left to the disposal of the Medicana group. The Chairman of the Board of Trustees of the University also became Dr. Hüseyin Bozkurt, Chairman of the Board of Directors of the Medicana Group.”