Izmir Office Market

Demand: There is a strong demand for qualified office buildings (Class A), which cannot be satisfied in Izmir's office market.Rent:The rent amounts for the A class qualified office buildings located in Izmir's New City Centre are already over $20/m²/month.

Vacancy Rates: It is obvious that the supply does not meet the demand in the Izmir office market, where the vacancy rate in A class of­fice buildings is around 3-5%.

Annual Yield: The fact that the annual yield is approximate­ly 8.5-9.5% in the Izmir office market is also among the factors which are creating investment opportunities.