Most retail shopping centres today are complex, active, and challenging. There are many things to work through and control in an ongoing way. A successful shopping centre will usually be a fine balance between tenant occupancy, income generation, customer service, and marketing. A shopping centre manager is the person to create that balance. The landlord…
As a Real Estate Broker or Property Manager you should plan your retail shopping center renovations carefully for your clients and merge those plans into the business plan for the property. Each year the business plan should be updated based on tenant placement, income growth, and property performance. So there are lots of things that…
In commercial and retail property today, the tenant mix analysis process is a recipe for success in property performance. It allows you to improve occupancy and income. From a landlords perspective that is a good thing. The mix analysis should be done by the property owner and or the property manager each year and the…
Every retail shopping centre should have an accurate and successful business plan. In this way, you can address the key issues that will help the property perform financially and physically. There are many stakeholders to the performance of a retail property. Here are the main ones: All of these groups have special points of focus…
End of content
End of content
