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New address for Kempinski in Istanbul

Fourth residence and fifth property for the luxury brand to open in 2024 in the Turkish vibrant Bosphorus city.

After the Çirağan Palace and its 310 keys, and 3 résidences, the brand is to manage a residence in the Balmumcu - Beşiktaş neighbourhood, placing another Kempinski properties in Turkey along with the coastal locations of Bodrum and Antalya.

Kempinski Residences Balmumcu will showcase 155 residences and 11 villas. It will be located in a 24,000 square metres parkland and offer all services linked to a luxury accommodation: a dedicated Residence Concierge, Resident’s Lounge, gym, outdoor pool and valet parking.

“Demand for private branded residences that benefit from the management expertise of an established luxury hotel company has grown and grown in recent years, demonstrating the appetite for dependable service and personal recognition among the world’s most discerning investors,” declares Bernold Schroeder, Chief Executive Officer of Kempinski Group and Chairman of the Management Board of Kempinski AG.

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