Istanbul High Street Retail Market Overview

In this article we will mention about high street retail market of Istanbul. 

The main high street retail districts in Istanbul are İstiklal Street in Beyoğlu and Nişantaşı Area on the European side and Bağdat Street on the Asian side.

Supply & Demand

Istiklal Street is regarded as the preferred retail high street by foreign visitors in Istanbul. On Istiklal Street, ready wear, leather goods, shoes, and handbag retailers take up the lion’s share of space. This is alongside banks, restaurants, and patisseries selling dried fruits, candy, and chocolate.

Nişantaşı District plays host to high end global – such as Gucci, Burberry, Louis Vuitton, and Chanel – and domestic brands in Istanbul. Despite an increase in the number of
vacant and under construction units since 3rd quater of 2016, the street has still maintained its balanced brand mix. Retailers in the women’s wear sector are dominating Nişantaşı,
accounting for 19% of all units. Other textile brands selling leather goods, shoes, handbags, and ready wear, as well as restaurants, also have a high presence in the street.

Bağdat Street is the most well-known and popular area on the Asian side, featuring a range of local and international brands. The street has seen a significant change driven by the urban renewal process in the recent years. Old building stock has been replaced with new stock that serves the needs of retailers. Aside from banks, women’s clothing, shoes, bags, and cosmetics brands are
the largest group of retailers on Bağdat Street.

All of these three locations are hosting different kind of real estate projects. For more information please contact us via our contact form & info@estist.com / Whatsapp: +90 533 412 71 93