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. …
In any commercial office tower there are always plenty of things going on that require control and optimization. The larger the property or the greater the number of tenants in occupancy, the requirements of commercial property management escalate. The landlords owning such buildings need high quality help. Many factors in the daily operations of…
When it comes to property performance today, a commercial office building is quite complex and demanding. There are things to control and manage and that is where a professional property manager is required; not some inexperienced landlord self-managing and trying to save money by doing things themselves. The variables of the building design, function and…
Most property management clients are looking for rental growth over time and a stable property investment as part of that process. In any property with a variety of tenants in occupancy, it pays to have a plan of property improvement, rental escalation, and leasing activity well sorted before the beginning of the financial year. Every…
Commercial property management is a professional service usually provided by experienced property professionals to their clients as part of a comprehensive real estate service. In a commercial real estate brokerage, a property management service sits well with other services such as investment sales and property leasing. So why provide this service when the commissions from…
Tenant management is a big part of providing professional property management services in commercial real estate. To manage tenants there are factors evolving from the lease including rent, outgoings, arrears controls, renovation, make good and many more. If you manage a property with a large number of tenants then the complexity of the process is…
To successfully manage a retail shopping center, a good degree of knowledge and a lot of systems are required. Knowledge comes with time and systems come with experience; a good manager can do a lot for a retail property over time. A property manager taking on any retail shopping center should have the experience from…
When you manage a commercial property, there are lots of things to watch and track. Failure to do so will see problems develop. The larger the property and the tenant mix that you manage, the greater the number of things to monitor. Most particularly some of the bigger things that bring issues to you will…
It is a fact that tenants in a retail shopping center will talk among themselves and share comments about the property performance (or their perception of it). For this reason you as a Shopping Center Manager really do need to keep your tenants under control in a positive way; communication and information will help you…
When you manage and lease shopping centers, the inspection process is a regular daily event. Given the number of tenants and customers moving through a property on an average trading day, there are lots if issues to monitor including risk and liability. Most shopping centers will have a ‘Maintenance Manager’ and perhaps a small team…
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