200 thousand houses can be supplied with empty offices in Istanbul – Last Minute Turkey News
According to international commercial real estate company Cushman & Wakefield, its supply to student schools in Istanbul has reached 6.5 million square meters. Its rate in these offices is at the level of 21 percent. About 1.4 million square feet of current office stock is vacant. The area of the offices, which is one of the buildings that are under construction and will be built in a short time, is 2.15 million square meters.
From those in the industry, from Covid-19, kitchens from home can be bought from vacancies in Istanbul, similar to offices that can be expensive.
Today, in the new world order, the purchase of central and crowded offices for local use and small offices is obsolete in the general system in Turkey and around the world. This is talked about a lot Covid-19, even if it ends, it does not go away.
It seems like it’s going to be big and gigantic, and how is the milk coming instead of filling the offices? He thinks that these offices can be converted into residences.
While at least the offices under construction exist in London, the office stock with existing ones is projected to be as high as 2.4 million.
Reading the supply of 200 thousand housing units with these offices in the sector indicates that both sale and rental housing prices may decrease.
“THE SOLUTION OF OFFICES WILL BE A SERIOUS SOLUTION TO HOUSING SUPPLY”
Real Estate Law Association President Ali Güvenç Kiraz pointed to the places in the offices that draw attention to the housing supply in Istanbul.
Describing the end of innovations such as sharing and working in the epidemic process and in the digital age, in offices with a classic design, Kiraz said that a serious clinic in existing offices, newly built offices and plazas cannot be said from almost everyone.
Kiraz is in Istanbul and the plot was designed for simple use as follows:
“There’s a serious housing shortage. Stay hopeful. It’s almost offices in a fantasy world. It could be a serious solution.”
” PRICES ARE BACK FOR SALE AND RENTED HOUSING WITH 200 THOUSANDS AFTER THE LEGAL REGULATION”
Ali Güvenç Kiraz stated that 1.4 million square meters of the existing offices are vacant, and that he expects 1 million square meters of the ongoing 2.15 million square meters office to be empty.
Kiraz said, “There will be an office stock of 2.4 million square meters. If these offices are residing in their 80 square meter flats, 300 thousand residences are available. When discussing the common use area in 3, 200 thousand residences will be supplied from this subject in Istanbul for the housing supply, which will be taken from the front. . becomes a person. It regresses in houses for sale and rent.” he said.
Noting that the VAT in offices is currently estimated at 18 percent, electricity, water, gas and property taxes are subject to commercial negotiations, Kiraz made the following assessments:
“This office should have a service-oriented, tax-related and study owner and should be implemented. A training on Property Tax.
“THE REGULATION ON THIS SUBJECT WILL CLEAN OINTAGE TO THE WOUND”
The President of Istanbul Real Estate Chamber, Nizameddin, said that this situation, which consists of what is planned for sale and rental housing prices in Istanbul, must be urgently passed in Aşa.
They will be interested in solutions why what was previously public could be allowed city-wide to mine. It will be used seriously in detention,” he said.
“IT WILL MAKE THE INDUSTRY SERIOUSLY MOVE”
Coldwell Banker Turkey Country Chief Gökhan Taş, on the other hand, says that the volatility in foreign exchange and the ever-increasing costs cannot act quickly to initiate new projects.
Ask Taş, an example of old living in a residence in Istanbul:
“On the other hand, there are more than 20 offices in the office. The transformation of these places into home offices will be small. More than three sub-functions will also contribute. The vitality that will be created by such transformation in the vacant office here will have a solar sector such as loan interests.”