In retail property and shopping centres you really do need to know your tenant mix and its volatility. A good tenant mix and tenant retention plan will help strengthen your property income, market rental, and capital value of the property. So if you as a specialist real estate agent take on a leasing appointment or […]
Tag: shopping centre
When you as a retail leasing agent are to lease a retail property, the terms and conditions of the negotiation will involve more things than a standard office or industrial property to lease. That is because the typical retail business will have factors of trade and opportunity to consider. The typical tenant will want to […]
When you work on retail property as an agent, you will soon see the need to specialise locally. There is a lot of difference in property performance when you compare retail property to office property and industrial property. The factors that drive rental, lease enquiry, and property performance are totally different. If you choose to […]
When it comes to managing a commercial or retail property, the landlords that you work with will have specific needs and requirements for the monthly report. In the monthly report certain things will need to be monitored and tracked to ensure that errors and omissions do not ‘slip through the cracks’. Many a property manager […]
In larger retail properties today, you need a quality anchor tenant that is location based. They have to be closely aligned to the local community and the demographics of the area. For this reason, leasing managers and property managers should select anchor tenants well and ensure that the anchor tenants will build a customer base […]
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