Shopping Centre Sales and Leasing Skills Resources by John Highman
Commercial property management is a special field in the property industry. The same, if not more, can be said about retail property. The property managers who work on these property types should be well-chosen for their skills and/or training for the needed skills. Commercial Property Industry Averages? Far too many agencies employ people in property…
In commercial property management today, the skills of the property manager need to be relevant and well applied to the particular asset given its location, type, and client requirements. There is no doubt that skilled commercial property managers are in short supply and yet they are a valuable part of any commercial real estate brokerage…
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…
When you negotiate a commercial or retail lease, it is not just a matter of getting the tenant to agree to some form of lease deal and then putting a lease ‘heads of agreement’ together. We, as agents, can provide a lot of value to the client by helping them through strategies and decisions relating…
When you manage a commercial or retail investment property, there are some things that must be included in your daily action plan. When this is done correctly, you will stay away from many common problems in property management and you will have the properties that you manage well under control. One of the big challenges…
When it comes to a large retail property and its investment performance, it is important to ensure that the tenant mix is stable and well-balanced. There are many pressures on tenants today, and that is a major threat to retail property performance. A landlord can have the best retail property in the local area, but…
In commercial real estate property management and leasing, negotiating with tenants regarding renewing their leases is quite a common event. Unfortunately, many property managers leave the matter until it’s too close to the cutoff date, and negotiations become pressured. Stay in control when it comes to your leases and managed properties. Pressured negotiations are impacted by…
When marketing a retail property or shopping centre today, there are some critical factors to be considered prior to the commencement of the marketing program. Every marketing campaign needs to be optimised for the right type of inquiry and the target market. There are enough frustrations today with property finance and finance availability to frustrate many…
Vacant office space is common today as the property market adjusts to the different rental levels and incentives available for new tenancies. The supply and demand factors have some relevance at a local property level. Tenants as businesses want quality properties to occupy. Work those listings with complete coverage and connection. Today’s Leasing Market Many…
Vacant office space is common today as the property market adjusts to the different rental levels of rental and incentives available for new tenants. The supply and demand factors have some relevance at a local property level. Tenants as businesses want quality properties to occupy. Work those listings with complete coverage and connection. Today’s Leasing…
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