ECE Türkiye, a subsidiary of Germany-based ECE, has taken over the management and leasing out of the Neomarin shopping center in Pendik district on the Asian side of Istanbul as of December 5, 2011. It will be the 10th center under management in its Turkey portfolio.
Pendik with 1.85 million people living in the surrounding area is in one of Istanbul's newly developing districts with new office buildings and residential projects close to the shopping center. Neomarin located right in the heart of this new development is easily accessible by car from the E 5 highway, as well as with public transportation and on foot.
ECE Türkiye will lease out and manage Neomarin and has nine other shopping centers under management as well as another new project in Istanbul.