Shopping Centre Management Skills Resources by John Highman
Developing property management team work When managing any commercial or retail property, the individual asset’s size and complexity will create pressures, activities, and responses as part of the property management process. You could very well need a team of people to help you achieve the best management results for the client and the property….
The management of a retail shopping center is quite special given that there are many things to monitor and address. Each day there will be issues with tenants, customers, and contractors. There will be financial and physical matters to control and optimize. So a good reporting system will help you stay on top of the…
I am still in Hong Kong and just finished a workshop series on “Strategic Property Leasing” in CBD Office buildings and Retail Malls across Asia. It was a great program, and some good-quality ideas emerged about how we can work for Landlords at an advanced leasing level. My focus in Hong Kong was helping with…
In commercial real estate today the activities of leasing and property management can help transform property performance over time. They are specialized services that you can and should build into your brokerage activities. So what can you do here with property performance? You can change the tenancy mix, you can change the tenants, and you…
To undertake a successful survey in a retail shopping center, it is wise to consider what you are wanting to achieve from the process. If you like, the process is where you should be starting with the end result in mind. Understand what you are wanting to know to help the property and its retail…
Finding the right retail tenants to lease shops within your shopping centre can be quite a special process. It is a matter of finding the right tenant for the location and the tenancy mix. Every shop is different; every shopping centre is unique. Your prospecting model for finding new tenants should be carefully crafted. When…
You need an action plan in shopping center leasing if you are going to resolve a number of issues relating to property performance. Retail is very unique in property planning, marketing, tenant mix, and customer interaction. Leasing covers all of those issues. Over time you can improve the action plan to suit the performance targets…
In a shopping center, you have to watch what is happening in the tenant mix, and from that process, there are particular strategies that can be developed to give the mix of retailers some leverage in sales and occupancy. Ultimately that method of approach can strengthen the asset performance for the landlord. It’s all about…
In retail shopping centre management today the presentation and appearance of the retail property in the eyes of both the tenants and the customers will be a fundamental fact that will influence sales and future rental potential. Ultimately everything of an ‘appearance’ nature is linked. There is no other investment property type quite like it. …
When you manage or lease a retail shopping centre you really do need to understand the prevailing market conditions, the property, and the level of competition around you. That means a regular and full review of tenancy activity, shopping centre demand, and future retail projects. Retail properties are impacted by some quite different key performance…
End of content
End of content
