Gayrettepe

The vacancy rate in Grade A offices in Istanbul, Türkiye's financial and commercial center, has declined markedly in the first quarter of 2024 compared with the same period of last year, according to a report by Cushman & Wakefield TR International.

In the January-March period of 2022, the vacancy rate stood at as high as 20 percent.

In a bid to alleviate the city's traffic and facilitate pedestrian passage, the Istanbul Municipality has prepared the "Cloud" project, a transfer path above the road that doubles as a park away from subway tunnels, vehicle exhaust and narrow sidewalks.

The first test of the Gayrettepe-Istanbul Airport metro line, which will be Turkey's fastest metro line once it is ready with a speed reaching 120 kilometers per hour, has been conducted successfully by the transport and infrastructure minister. 

Construction began on Jan. 18 on a new high-speed metro line connecting the heart of Istanbul to the new mega-Istanbul Airport.

The new line, set to be finished in August 2021, will whisk passengers from Gayrettepe, in Şişli, on the Turkish metropolis' European side, to the new airport in just 35 minutes.

Turkish authorities have said they started work on a plan for the construction of a new subway line to Istanbul's third airport, the first section of which is planned to open by the beginning of 2018. 

A project to construct a subway line connecting Istanbul?s third airport to the city center has been launched, said Transportation Minister Feridun Bilgin.