How to Lease a Retail Shopping Center Today

The process of leasing a retail shopping centre is quite special.  It is not just a matter of finding a tenant and negotiating a lease.  The chosen tenant must match the needs of the tenant mix, the property and the customer demographics.  There must be a plan to the process of leasing any vacant premises.…

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How to Start Your Career in Commercial Property Management

A career in commercial property management can be a very rewarding choice for you.   In saying that you should be prepared to learn and grow your skills for your entire career.  The complexity of property types and management styles requires that. In an average working day, here are some of the things that a property…

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Commercial Property Management Challenges for Agents Today

The commercial property management process can be quite a challenge when it comes to controlling workload and getting results.  The same can be said about retail property and shopping center management.  On that basis every property manager should be well chosen for skills, knowledge and relevance to the property type. The skill set behind the…

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Systems to Follow in Shopping Centre Management

In shopping centre management it is really important that you have systems to follow in undertaking daily property management activities.  A retail property and particularly a retail shopping centre is perhaps the most demanding property that you can manage.  You have lots of smaller specialty tenants to control each day as well as the activities…

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Budgeting Tips for Commercial Property Management Today

When it comes to managing commercial property today, the budgeting process is quite important.  When you establish a budget correctly, it can help you as the property manager and also the landlord direct and control the income and expenditure for the asset throughout the financial year. So this financial control process is really suitable for…

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Landlord Reporting Tips in Commercial Property Management

The management of commercial and retail property today are complex issues. The profession requires diligent process and highly skilled people. As part of that, the chosen property manager should be reporting to their landlords in a regular and professional way. The size and the complexity of a property under management will dictate the diversity and…

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Key Performance Indicators in Commercial Property Management

In commercial property management or retail property management you should have a number of performance indicators to allow you to track the progress of current building and tenant events.  It is no secret that many property managers are very busy most of the time; it is therefore very easy to overlook key facts and issues.…

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Handover Points in Commercial Real Estate Property Management

When you work in commercial real estate property management or shopping centre management, you will know the importance of a good property handover from other clients or agents.  If you are on the receiving end of the handover you really must be careful and prepared for the event. The handover process is the only time…

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Retail Shopping Centre Managers and Property Agents – What Makes a Tenant Retention Plan So Important?

escalator in shopping center

Tenant retention plans are essential to the performance of a Retail Property today.  They help stabilise the existing tenancy mix and help you optimise the market rental across the entire site. A tenant retention plan can be a specific strategy to adopt as part of your retail property management processes and leasing support.  It should be…

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