Turning Vacancies into Opportunities: Diversifying Income in Shopping Centres
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Turning Vacancies into Opportunities: Diversifying Income in Shopping Centres

Vacancies in investment properties are part of the tenant management and leasing strategy. Property owners and managers should keep tenant turnover low and have a plan for leasing all vacancies whilst they underpin the income stream for stability and growth. So, it is time to explore alternative rental revenue streams and how you can improve…

The Importance of Lease Renewal Notifications: Preventing Vacancies
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The Importance of Lease Renewal Notifications: Preventing Vacancies

When owning, leasing, or managing a shopping centre, you want to reduce and remove the problem of vacancies. As leases end or pressures occur for some tenants, vacancies are a real problem that requires a strategic approach. It is, therefore, essential to have a lease renewal strategy and a tenant retention plan active. Do you…

Improving Shopping Center Performance by Retail Tenant Mix Repackaging
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Improving Shopping Center Performance by Retail Tenant Mix Repackaging

Some retail shopping centers need refreshing and repackaging from time to time. That strategy and approach help when it comes to sustaining customer interest and attracting ongoing retail sales. The approach to shopping center repackaging can be merged into the retail business plan strategy for the property over time. It is worth remembering that a…

The Rules of How to Establish a Shopping Center Management Office

The Rules of How to Establish a Shopping Center Management Office

When you take over a new retail shopping center or perhaps a shopping center that is already established and operational, you quickly have to get a team of experienced people into the property to control the asset and set in place some directions and strategies.  Timing is important to the results that you achieve. Running…

Trying Very Hard to Find Good Quality Retail Tenants
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Trying Very Hard to Find Good Quality Retail Tenants

When you manage or rent out retail shopping centers, you will always need to find quality tenants to keep the property on track for making money and being a good investment.  Each year things change in retail properties, and some leases will be coming to an end or a few tenants may not suit the…