Shopping Centre Leasing Skills Resources by John Highman
Leasing and managing a retail shopping centre of any size today is challenging. Experience says that vacancies will happen in all retail properties, and some tenants will be more successful than others in trading. Of course, the retail shopping environment is changing and will continue to do so, given the impact of online shopping. Some…
A retail shopping centre is a unique investment property type that demands respect and specialisation from a sales and leasing perspective. The key people involved in retail properties are centre managers, leasing managers, landlords, and investors. They should work together on a plan when focusing on a retail property and its future. To ensure its…
In commercial real estate, particularly shopping centre management, the revenue streams you administer and monitor are crucial to the long-term performance of your property investment. Every vacancy that can or will exist in the property during the year will jeopardize the property’s value and the success of the remaining tenants. Vacancies do little to improve…
In the fast-paced commercial and retail real estate world, staying ahead of the curve is critical to ensuring a flourishing shopping centre tenant mix. This checklist, available for download, will help you review and build a tenant mix strategy for any retail property or shopping centre. A successful shopping centre is created by matching the…
Introduction to Leasing Shops Welcome to the latest Commercial Real Estate Online podcast episode, where we delve into the art and science of managing and optimising tenant mix in retail shopping centres. As a commercial real estate investor or agent, you understand how important a well-curated tenant mix is for driving foot traffic, lowering vacancy…
Commercial real estate leasing between landlords and renters provides a steady stream of fresh business prospects. Property availability and occupancy support the business community, which then helps us locate tenants, landlords, investors, clients and property owners. As a leasing agent, increase your transaction prospects by connecting with landlords and tenants frequently and continuously. Recognize that…
The retail shopping landscape is changing without a doubt. The internet significantly impacts how people shop and what they want when they visit a shopping mall. Tenant retention and leasing strategies are important to property investment performance. Here are ways to do that. Shopping centre and leasing managers face an ongoing strategic challenge with retail…
Shopping malls are a dynamic and ever-changing property asset class. It is a highly sought-after asset class among seasoned investors. What is the attraction of retail property? The rewards and returns are numerous for property investors who can work on improving the asset class and tenancy mix. As a result, many people are always looking…
One way to improve a retail shopping centre is through rental optimisation. That is the rent paid by the tenant(s) and the total for the property throughout the year. If more rent can be produced, then that reflects better occupancy, better tenants, and customer interest and purchasing patterns. Without addressing the tenant mix and occupancy…
The performance of retail properties and shopping centers is constantly under pressure. This is because there are always plenty of tenants in a retail property, and rental income varies greatly depending on the tenant mix. Tenants may be subjected to business or occupancy pressures. A “game plan” is a good idea for shopping centre managers…
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