When you have a shopping centre to lease and manage, there are many factors to consider and things to balance. As the economy shifts and changes, so do customers’ spending patterns. Attracting customers to a shopping centre and then finding the right tenants for the long term is a delicate balance. Your success in doing…
The concepts of leasing and property management within a shopping centre environment are quite special. The concepts are totally different to the ordinary rules and the strategies that apply to office and industrial property types. If this is your part of the industry from a career perspective, then you should focus on being an expert…
The quality of the retail tenants that you put in a shopping center will greatly impact the tenant mix and the attraction of customers to the property over the long term. Every vacancy should be carefully considered so that the best tenant is chosen for the location with a view to the long-term bolstering of…
In shopping centres and in some stand-alone properties of a retail nature it is quite common to see a landlord use percentage rents as part of the lease structure with a tenant. The strategy is useful when a tenant is new to a property or if the property is new to a location such as…
The process of retail shop leasing is specialised for all sorts of reasons. It is also a very unique and yet rewarding part of the property industry for agents to get involved. If you want to start leasing shops, do that based on providing comprehensive retail property services, that is, across sales, leasing, and…
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