A New Era Has Begun at the Grand Istanbul Bus Station

The new leasing period has begun in the Great Istanbul Bus Station, which is watched with admiration by every segment of the society. In December 2019, Boğaziçi Yönetim AŞ, which won the "İBB Grand Istanbul Bus Station Commercial Areas Operation and Lease Business Tender" for 3 years, started to carry out leasing business. In addition, rental transactions at the bus station are made at the prices of 2020.

The 25-year operating period of the Big Istanbul Bus Station, which was built with the build-operate-transfer model and owned by the Istanbul Metropolitan Municipality (IMM), ended on May 5, 2019. A brand new era at the bus station started with the acquisition of the operation by IMM on September 9, 2019.

TENDER PUBLISHED LIVE

Following these transfers, IMM commissioned a professional valuation company to determine the rental prices for the rental of commercial areas in the bus terminal. Based on the rental rates put forward by the appraisal company, on December 25, 2019, the “İBB Grand Istanbul Bus Station Commercial Areas Operation and Lease Tender” was held. Boğaziçi Yönetim AŞ, a subsidiary of İBB, won the tender, which was broadcast live on the Internet, for 16 years starting on January 2021, 3.

PRIORITY OF OLD TENANTS

With the new term, Boğaziçi Yönetim AŞ, which has the sole say in the leasing business, has been given priority to the operators who actually operate in the lease of shops and commercial areas (which is also the main dealing with the pre-rental fee) from the very beginning.

25-YEAR CONTRACTS OVER

Büyük Istanbul Bus Station Operations Manager Fahrettin Beşli stated that the "Commercial Workplace Allocation Certificate", which is in the hands of the former tenants, is only related to the leasing transaction between the bus station operator and the previous period operator, and that IMM is not the party or guarantor of this lease relationship and allocation. told. Five continued his explanation as follows:

"In the articles 1, 2 and 9 of the 'Definite Allocation Certificate Conditions' annexed to each 'Commercial Workplace Allocation Certificate', it is stated as an explicit provision that this allocation process is 25 years old and the former operator expires at the end of the contract."

TENANTS FROM THE SECTOR

Emphasizing that passenger carrier's offices at the bus terminal are rented only to the officials of old and new companies and agencies carrying intercity passengers, Beşli said, “Based on the characteristics and operation of the sector, the fact that more than one company ticket can be sold or served in a carrier office, sub-tenancy opportunity is provided only in carrier offices. This method has not been applied in the remaining 4/5 section of our tenants at the bus station, ”he said.

2020 PRICES ARE APPLIED

He said that the sub-rents of the office were between 5 thousand and 15 thousand liras and that they got the feeling of renting for 26 thousand liras. Emphasizing that this change in numbers is due to the size of the sub-tenant firm or the number of companies in it, Beşli gave the following figures regarding the rental prices:

“The rents of the carrier offices have been determined as 2020 TL + VAT + General Expense Share for 8.500; 5.250 TL of this amount is collected in cash, the remaining part is collected as “15 TL / Peron Allocation Fee x Number of Trips”. The rental prices between the tenant and the sub-tenant have been determined and applied in line with the agreements between the parties from the past. An increase restriction has been imposed on the applied rental fees for 2020. Our tenants, as companies or agencies, provide intercity passenger transportation services at the Grand Istanbul Bus Station and 166 transport offices; Of these, 1 sub-tenants are serving in the process of obtaining D1 / F2 / F61 certificates.