Istanbul is one of the office markets with the biggest growth in the EMEA region, with plenty of local and international providers. According to Instant Office's local consultant, Florian Kappes, while Levent is the place to be for business, there are plenty of more cost-effective options, such as the accessible Maslak, or business hubs on the Asian side of the city.
In terms of future developments, the construction of the Istanbul International Financial Centre will boost the city’s chances of becoming one of the top 20 financial centres in the world, and will attract further investment and multinational corporations. The centre will house the head offices of the country’s financial market governing bodies, state-owned and private banks, and related businesses. The development will be situated between the Ataşehir and Ümraniye districts.
Prices for serviced offices range from TRY1000 – 2000 per person, per month. However, these prices will vary according to location and requirements. Costs are inclusive of amenities, which can cover Internet, meeting rooms, IT and administrative support, lounges and kitchens, car parking, videoconferencing and AV equipment, among others.
While serviced offices appear to be the most popular option in Istanbul, there are also a variety of co-working spaces available.
Instant offer a great variety of flexible office solutions across a range of sizes, and are able to accommodate most enquiries, from one person through to 100 or more, depending on the specifics. Serviced office providers can be flexible with the layout of the workspace and terms of your agreement.
Why choose Istanbul?
Istanbul is situated in a unique location between two continents — the gateway to both Europe and Asia. It also boasts a strong and fast growing economy - according to the McKinsey Global Institute, Istanbul will have the 14th highest absolute GDP growth among world cities by 2025. As well as its economic credentials, Istanbul is a cultural hub with a rich history — an ideal location in which to live and work.
Five things you probably didn’t know about Istanbul:
- Istanbul was the European Cultural Capital City in 2010
- It is the only city in the world located on two continents, Europe and Asia
- The third oldest subway in the world is in the city, built in 1875
- Roman Emperor Constantine built the city on seven hills as had been done in Rome
- It was the capital of the Roman, Byzantine and Ottoman empires