Shopping Centres are complex properties, requiring a reasonable degree of control and planning from both an investment perspective and property management. You have tenants, customers, local economic sentiment, and property design to consider. Shopping Centre managers must have experience in the property type and a solid foundation in the investment alternatives available. In addition, individual…
When you do a full shopping centre handover there are plenty of things that you have to investigate and question. That is especially the case if you are the new centre manager or the leasing person taking over the property for a new property owner. The larger the shopping centre the deeper the review and…
Shopping centre leasing is a unique process. There are tenants to find but not just any tenants. It would be best to find the right tenants for the retail customer mix and the property performance targets. In this video today, we share some ideas regarding the types of tenants you can select for your shopping…
Vacant shops can drag shopping center performance and retail sales down for shopping center managers and marketing managers. Strategies are needed to boost customer interest and repeat visits to the shopping center, and you can work with those factors. In the commercial real estate podcast today, we share ideas about finding tenants and placing them…
Any shopping center is or should be a busy place in many ways; the busier the better, to a large extent. Sales for tenants will improve providing that customers are attracted to the property. That should be the focus for the leasing manager and landlord or investor for the property. There are a number of…
There are some key factors to watch and assess in shopping centre performance. Some of them are linked. There are also some stakeholders to the shopping centre performance process. A good shopping centre manager knows what to look for and shape over time when it comes to asset performance and the people involved. Rarely can…
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…
Managing and leasing a retail shopping centre is not a natural process. The right skills and knowledge are required, and particularly so to create the right investment results for clients. There are many things of a retail nature to understand and address over time. (NB – you can get our retail shopping center tips and…
Retail Shopping Center Management and Leasing is potentially a lucrative part of the real estate business. In saying that, the right people with the specialized expertise are required in the management and leasing team to produce the retail results. (NB – you can get our shopping center leasing and management tips here) Those property…
When you manage, lease, or own a retail shopping center, the property evaluation process is quite important. Each year as part of the property business plan you can update the property review and see what has changed. (NB – you can get our retail and commercial property training here) You can see where things may…
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