German shopping centre specialist ECE has taken over the management and leasing of the Neomarin shopping centre in the Pendik district of Istanbul, bringing the number of malls it manages in Turkey to 10.

German shopping centre specialist ECE has taken over the management and leasing of the Neomarin shopping centre in the Pendik district of Istanbul, bringing the number of malls it manages in Turkey to 10.

The Neomarin shopping centre is owned by Bref (Bosphorus Real Estate Fund I), an opportunistic fund managed by Krea Group and Peakside Capital that invests in projects in Turkey.

Neomarin is located in one of Istanbul’s newly developing districts and comprises 36,000 m2 of retail space hosting 130 national and international brands. It includes a hypermarket and 1,200 parking spaces.