How to Manage a Retail Property or Shopping Centre

The management of retail property is generally more difficult and complex than the same process associated with office and industrial property. This is because the retail property is more active and vibrant in its daily activities. You need better people to manage retail property.

The management of a retail property takes more time, costs more to implement, and on that basis demands more fees for the process. Specialist property managers should adjust fees based on time and effort for this complex property type. Landlords looking for low fees and shortcuts should be avoided.

Each and every day you have people going to the Shopping Centre with a variety of interests, priorities, and needs. These people can be categorized as follows:

  1. Tenants as part of the tenant mix occupying the property in long term leases and also those areas of casual lease
  2. Customers coming to the property during the week (this will vary by type on different days and at different times)
  3. Contractors working within the property to maintain property performance and functionality
  4. Property management and marketing staff controlling the day’s events and helping the tenant mix and property operate with efficiency.
  5. Landlords often visit their property or may even be located in the premises
  6. Professionals associated with the property and the landlord (such as solicitors, accountants, and lenders involved in the performance of the property)
  7. Tourists, or workers and other transients passing through the area

So, all of these people have interests and priorities in the function of the property. This is where the factors of control come in that impact the property management process.

Just how can you control the needs of all of these people? Here are some ideas to develop and help you understand why retail property management is so special:

  • Good customer access and information on site is a number one priority – This will include car parks, signage, common areas, and facilities. Customers to the property should feel comfortable with the experience so they keep coming back.
  • Tenant mix management – Not all tenants are suitable for the location in which they are placed, or with the other tenants near them. This is where tenant mix optimisation is part of the retail management and leasing process.
  • Maintenance management – A retail property has higher levels of daily maintenance and on that basis has to be controlled. The factors of cleaning and wear and tear are higher in retail property.
  • Income and expenditure controls are very important to the function of the property. Any pending or existing vacancies should be dealt with quickly because a long term vacancy in a property influences nearby tenants and customer sentiment.
  • A retail property has to be marketed to the community and the shoppers that frequent the property. This is quite a specific task, and any errors made in marketing can have impact on the trade for the property.

From these points it is easy to see that a retail property manager is a special person that brings high levels of skill to the property and the landlord. Landlords should choose their property manager with care and seek evidence of relevant successful experience in other properties.

My Husband Won’t Make Me a Priority! How to Shift His Attitude

Your husband has a very full life. Most men do. He likely juggles a full-time career, his responsibilities as a father and his commitment to you. You do the same in your life but you feel that you’ve always made your husband a priority, even though he hasn’t done the same for you. You’re frustrated, disappointed and perhaps even a bit confused. You never imagined your life would end up in this place, did you? You feel unappreciated, taken for granted and unloved. Obviously, this situation has to change. You’re not going to accomplish that by making subtle comments about how your best friend’s husband loves and adores her. It’s also not going to make any difference if you nag your husband in an effort to get him to move you to the top of his priority list. You have to address this issue in a way that makes your husband come to his own realization that you’re the most important person in his life. Understanding the direction you need to take to accomplish that begins with gaining more insight into why he’s acting the way he is.

On the day you and your husband married you promised many things to one another both verbally and silently. To most women one of the major, silent vows is to always put one another at the top of life’s priority list. We, as women, almost always do that with our spouses. We may falter a bit when we become mothers primarily because our parental nature kicks in and we focus all of our attention on our little ones. However, with men it tends to be a bit different story. Men sometimes allow their work or their friends to take top billing. If you’re a wife who is beginning to notice that shift in her husband’s life, it’s ultimately going to hurt.

Shifting your husband’s attitude so that you become the focal point of his life isn’t nearly as hard as you may believe that it is. You’ve likely already tried speaking to him about the problem. In most cases when a husband is confronted with a wife who says that she feels neglected, he’ll take a defensive stance and go on the attack. He may say things about how he works so hard for her or how he can’t ever do anything that makes her happy. This is to be expected and any woman who has had this conversation with her husband more than once, knows that it’s a normal reaction so she doesn’t take it personally.

You absolutely must take a more subtle approach. Your husband reacts better to action than words. Most men do. They will make a change in themselves if they feel something internally as opposed to being told something. That’s why it can be incredibly helpful if you temporarily stop paying your husband as much attention as you have been. You shouldn’t take the stance of pushing him to the back of your priority list, but instead view it as moving other things ahead of him for a time and for a very defined purpose.

The simpler and less meaningful things are the best. That’s to say that if your husband is expecting you to have dinner cooked when he comes home from the office, he should be greeted with a frozen dinner and a note saying you had a yearning to go see a movie with a girlfriend. Another great way to get your point across is to stop doing as much around the house. If you neglect your husband’s laundry because you’re so busy shopping online for a new handbag, he’s going to feel the pinch of your neglect.

This may be viewed by many women as game playing with their spouse but sometimes the way to a man’s heart is through sports. It’s doubtful that your husband has made a conscious effort to push you off his priority list. It’s more likely that he’s mindlessly allowed other things to take precedence. By showing him how that feels, you’ll be pushing him into seeing that there’s a better and more respectful way to be a loving and attentive partner.

Five Simple Steps to Clarifying Your Priorities

So many people think that they have priorities. They know that their jobs and families are priorities. They know that eating well and exercising are priorities. So why are so many people over weight, stressed out, out of shape and divorced?

There is a difference between knowing what should be a priority and actually setting and sticking to them. So if you think you know your priorities, but have a chaotic, unsatisfying life, it’s time to think again and then reassess!

First thing you need to do is to create a life vision. When you know exactly what you want for you life, you can easily assess what needs to stay and what needs to go. Create a vision board or journal what you want your life to look like. Make sure you cover all life areas: Career, Finances, Personal Development, Family, Relationships, Fun, Health, and Environment.

After you have your life vision compare what you have right now, to it. Where are the disparities? If you want to be fit and healthy, what is stopping you? Why are you 40 lbs over weight? What excuses are you giving yourself?

Now start to clear out the “clutter.” Keep in mind that there is emotional, physical and mental clutter and it all needs to go. Physical clutter (like a messy office), lead to mental clutter (trying to remember where you put the Visa bill and if you paid it) which leads to emotional clutter (going shopping to escape the stress, which then results in more physical and mental clutter!). Anything that doesn’t fit into your life vision needs to go.

While you are clearing the clutter you have to remember to stop the flow of things into your life. You need to learn to say no. Think of this as self preservation instead of selfish. When you take good care of yourself, you have more space to give from love instead of from resentment or obligation.

The last thing you need to do to help clarify your priorities is listen to your gut. You probably have people and things in your life that make you feel uneasy. And yet they stay in your life. Why? Your intuition is trying to tell you something so you should listen!

Those five things should help you at least get started on viewing your life. You deserve to only have people, places and things in your life that represent who you are and help you attain success, happiness, health and wealth.