Istanbul Retail Units: Footfall, Lease Structures, and Red Flags

Market context

Investors evaluating high-street shops versus mall kiosks in metropolitan Istanbul should pair macro themes with micro-market transactions recorded in 2025–2026.

Due diligence stack

• Review developer milestone receipts and escrow mechanics if applicable.
• Inspect specification schedules attached to the SPA.
• Clause audit: delay penalties, substitution rights, and force majeure.
• Photograph finishes at handover for defects lists.

Treat FX, liquidity, and legal clarity as one integrated underwriting stack.

Al-Zaiter educational series · Part 12 of 18.