A shopping centre can be a complex property to manage and lease. The more tenants you have in the mix, the greater the challenge of balancing the mix and the customer offerings. It is best to have a complete plan of retail tenant placement and you can then merge into that a tenant retention plan,…
Shopping centres are quite special in a number of ways when you consider the property management process. Information has to be gathered. Essentially the core issues of the property should be reviewed, identified and captured into an ongoing management process. By ‘core issues’, I am referring to the bigger issues such as lease facts, tenant…
Leases in commercial real estate form the foundation of the tenant mix and the rental cash flow. They are important documents to understand and administer. It is not unusual to have a variety of leases in the one property. On that basis every lease has to be read and checked. Every lease in a clients…
A retail shopping centre is much more complex to manage than all other investment property types. When it comes to changing property manager and bringing a shopping centre into your real estate agency systems, this means that there are many things to cover. Accuracy is important to the process. The best way to do this…
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