Recognized: Turkish shopping centre M1 Adana receives European Property Award

15 November 2018Download

The Turkish shopping centre M1 Adana, which is owned by METRO PROPERTIES and Fiba Group, was recognised with the European Property Award in the category "Retail Development" with the title of "Excellence".

Turkish shopping centre M1Adana receives European Property Award

The award presented by the International Property Awards recognises the best real estate properties around the world as well as excellence in architecture and interior design. The European Property Award sets high standards in the real estate industry by honouring international lighthouse projects.

First opened in 2000, the M1 Adana is the largest and most popular shopping centre serving the Turkish metropolitan city of Adana and the region. A comprehensive new direction of the centre was completed in spring 2017.

One of the most striking architectural features of the M1 shopping centre is its concept of offering a space for shopping and city life. With its reorientation, M1 Adana shows that it is a shopping centre of the new generation. To this effect, the indoor and outdoor spaces of the centre have been brought together. Masterful architectural planning allowed to supply the shops, cafés and restaurants inside the shopping mall with maximum daylight and fresh air. The traditional shopping centre outside the city has become a trendsetting theme park that is part of the constantly growing city of Adana.

“We are closely monitoring the changing needs of our customers and the real estate sector. From the changing requirements, the M1 Adana has evolved as a shopping and living space. Green spaces, promenades and playgrounds become part of a vibrant, growing city. The centre has become the region's biggest attraction. We are pleased to have received such a renowned award”, said Gündüz Bayer, METRO PROPERTIES Director Region Asia.

METRO PROPERTIES, the real estate entity of METRO, is a second-time winner of this award. Already back in 2010 the Meydan Shopping Centre İstanbul received the European Commercial Property Award in the category Highly Commended /Best Retail Development Turkey.

In Turkey, the M1 brand is among the most popular shoppingcenter brands. M1 Adana hosts 200 national and international brands on a leasable space of 90,000 square meters. Around 20,000 square meters of outdoor space are available for relaxation, leisure time activities and entertainment. The high standards of the centers are regularly recognised by customers and renowned industry experts. High sustainability standards have earned them numerous BREEAM certifications.

METRO PROPERTIES manages a total of 60 retail parks and shopping centers in Germany, Poland, and Turkey. Our joint venture MEC METRO-ECE Centermanagement GmbH & Co. KG is the leading company for the management of retail parks in Germany.

METRO is a leading international specialist company in the wholesale and food retail sector. The company is active in 35 countries and has more than 150,000 employees worldwide. In financial year 2016/17, METRO generated approximately €37 billion in revenue. The company supplies customised solutions for the local and international needs of its wholesale and retail clients. Its sales brands METRO/MAKRO Cash & Carry and Real and its delivery services and digitalisation initiatives, METRO is setting standards for the future in terms of its customer focus, digital solutions and sustainable business models.

METRO PROPERTIES is the real estate company of METRO AG, a leading international specialist in whole-sale and food retail, operating in 35 countries and employing more than 150,000 people worldwide. METRO PROPERTIES combines comprehensive wholesale and retail competence, highly developed real estate expertise and implementation capability. METRO PROPERTIES is a partner for investments as well as for the development and support of modern wholesale, retail and mixed used concepts. At both the national and international level, METRO PROPERTIES pursues active and value-enhancing asset man-agement. Investors, leasing partners and customers receive competent support worldwide. Apart from its headquarters in Germany, the company operates through locations in Poland and Turkey. In other countries, the company is represented by regional management and METRO team.