, TABLE OF CONTENTS
Title Page………………………………………………….……………………………..3
1. Terms of Reference……………………………………………………………………3
2. Procedures……………………………………………………………………………..3
2.1 Interviews with tenants and management……………………………………………3
2.2 Analysis of financial records and rental payments…………………………………..4
2.3 Customer feedback surveys and observation……………………………………….. 4
2.4 Market and competitor analysis……………………………………………………. 4
3. Findings………………………………………………………………………………..4
3.1 Decline in tenant profitability and reduced sales…………………………………….4
3.2 High rental rates and lease dissatisfaction……………………………………………5
3.3 Increased competition from nearby shopping centres………………………………..5
3.4 Decline in customer foot traffic and changing consumer behaviour…………………5
4. Conclusions…………………………………………………………………………….5
4.1 High rental costs contributed to lease non-renewals………………………………….5
4.2 Reduced customer traffic impacted tenant profitability………………………………5
4.3 Competition and economic pressures weakened business performance……………. 6
5. Recommendations………………………………………………………………………6
5.1 Review and restructure rental pricing strategy………………………………………..6
5.2 Improve marketing and customer attraction strategies………………………………..6
5.3 Introduce tenant support and business development programmes……………………6
6. Compiler’s Details……………………………………………………………………...6
REFERENCES…………………………………………………………………………….7
Title Page………………………………………………….……………………………..3
1. Terms of Reference……………………………………………………………………3
2. Procedures……………………………………………………………………………..3
2.1 Interviews with tenants and management……………………………………………3
2.2 Analysis of financial records and rental payments…………………………………..4
2.3 Customer feedback surveys and observation……………………………………….. 4
2.4 Market and competitor analysis……………………………………………………. 4
3. Findings………………………………………………………………………………..4
3.1 Decline in tenant profitability and reduced sales…………………………………….4
3.2 High rental rates and lease dissatisfaction……………………………………………5
3.3 Increased competition from nearby shopping centres………………………………..5
3.4 Decline in customer foot traffic and changing consumer behaviour…………………5
4. Conclusions…………………………………………………………………………….5
4.1 High rental costs contributed to lease non-renewals………………………………….5
4.2 Reduced customer traffic impacted tenant profitability………………………………5
4.3 Competition and economic pressures weakened business performance……………. 6
5. Recommendations………………………………………………………………………6
5.1 Review and restructure rental pricing strategy………………………………………..6
5.2 Improve marketing and customer attraction strategies………………………………..6
5.3 Introduce tenant support and business development programmes……………………6
6. Compiler’s Details……………………………………………………………………...6
REFERENCES…………………………………………………………………………….7
