When you have a shopping centre to lease and manage, the marketing of the property, the tenancy mix, and the attraction of the tenants is something to be worked on consistently. Looking to improve your retail property? That is where a promotional timeline is valuable in the management and leasing of the shopping centre or…
Managing a shopping centre will be a challenging issue most of the time because there are many things to do every day. There are many issues related to tenants, customers, marketing, and landlords. Control will only come with some form of system that you can implement every day. In today’s podcast, we share some of…
When you have a shopping centre to manage, there are many things to look at and optimize. So, where do you start? This podcast today is focused on retail shopping centre management and leasing. There are things here that will help you improve your shopping centre and find the weaknesses that need resolve. Let’s get…
A retail shopping centre is a unique property type and there are a few things to look at and understand if you are to take a retail property to the market in sales, leasing, or project activity. Each of these three retail categories will give you trends to capture and monitor as part of your…
When you manage and or lease a shopping centre, the vacancies in shop leasing can be a real drag on shopping centre performance and retail sales, particularly so over time. It takes time to boost shopping centre performance, and similarly so to remove leasing and tenant mix problems. Any current or upcoming shop vacancy in…
Every shopping centre needs a good marketing plan. The plan is something that encourages community interest, customers, and sales for tenants. Unfortunately, many smaller shopping centres and those that are privately owned can tend to be less active when it comes to local area marketing and promotional spending. Over time that can reduce the profile…
Risk in shopping centre management can be many things, and the answers will depend on just who you are talking to and what perspective they have on property ownership and investment. In saying that, the risk factors should be identified and controlled by and for the stakeholders. That is where as an agent or broker…
The property management parts of any real estate business are important because it provides fee stability and a good client base from which ongoing new business can be created. It is a proven fact that commercial and retail property management clients need help with complex issues such as: Solving vacancies Finding better tenants Improving property…
In retail shopping centre management, you must plan to bring new retail property and client into your management portfolio. That, then is a purpose-built property management plan. That will help you keep the property services you offer in line with your client’s investment targets and stabilize the management appointment. It will also help you engage…
There are many different things to think about when you lease and manage a shopping centre. The success of the tenants are part of that and should be encouraged; successful tenants contribute towards the making of a high performing shopping centre. What about customer attraction? Does that also matter? Local customers should also be attracted…
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