Türkiye is nearing the completion of a vast business district that will boast almost all of the country’s most prominent institutions and promises to place the Turkish metropolis among the world’s most important financial centers.The Istanbul Finance Center (IFC) project started in 2009 and is being developed in the Ataşehir district on the city’s Anatolian side. It aims to make Istanbul a competitive destination for international financial institutions and investors and to support the growth of the Turkish economy.The center will be a new home to most of Türkiye’s most prominent financial institutions and authorities, including the Central Bank of the Republic of Türkiye (CBRT), Borsa Istanbul Stock Exchange (BIST), Banking Regulation and Banking Regulation and Supervision Agency (BDDK) and the Capital Markets Board of Türkiye (SPK).Public lenders Ziraat Bank, Halkbank and VakıfBank will also be relocating to the center that will boast 1.4 million square meters (15 million square feet) of office space, a 100,000-square-meter shopping center, a conference and performance center for 2,100 people, a five-star hotel spanning 30,000 square meters, and a parking lot with a capacity for 26,000 vehicles.IFC will host participation finance companies, financial investment and portfolio management companies, and insurance firms.Leasing requests from local and foreign companies are said to be in the collection process before a demand list is formed. (ICE ISTANBUL)

Fonte notizia: DAILY SABAH