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Technical Management in Retail Real Estate

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300+

Assets
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2 million+

Square meters
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5 Countries

In Europe and US

The unique dynamics of 
Retail Real Estate

Retail real estate is a vibrant and diverse sector, requiring specialized technical management approaches to meet its unique demands and opportunities. Characteristics of this sector include:
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Varied Asset sizes: From small shops to large shopping centers, each with unique management needs.

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Multi-tenant nature: Housing multiple retailers under one roof, necessitating complex coordination and management.

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Customer-centric designs: Spaces designed to enhance shopping experiences, requiring continual upkeep and aesthetic considerations.

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High foot traffic areas: Frequent customer visits demand robust maintenance of common areas and facilities.

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Climate control systems (HVAC): Essential for customer comfort and preservation of goods, especially in temperature-sensitive stores like groceries or electronics.

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Parking and Accessibility: Large parking areas and accessibility features require regular maintenance and upgrades.

Key Challenge in Retail Real Estate Management

An example of a key challenge in the Retail sector is to keep good control on service charges. Shopping centers have lots of different size tenants that all contribute to the upkeep of general parts of the center. However, if a large maintenance bill arises, for instance for resurfacing the parking area, then most tenants won’t be able to pay the bill at once.
Proprli helps in:
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Monitoring regular maintenance: Ensuring that shared spaces, lighting, and parking facilities are well-maintained.

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Cost Management : Reducing the need for extensive Capex through regular, proactive maintenance.

Trusted by Leading Brands in Real Estate

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Proprli's automation in Technical Management of Retail Real Estate

Building Compliance: Safety and efficiency

In Retail real estate, ensuring building compliance is essential. Through Proprli, all stakeholders have the ability to directly upload certificates and maintenance reports. 
Some of the core elements are:

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Safety standards compliance: Ensuring adherence to safety regulations, especially in high foot traffic areas.

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Aesthetics and functionality: Maintaining the visual appeal and operational efficiency of retail spaces.

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Climate and environment control: Ensuring efficient operation of HVAC systems for optimal shopping environments.

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Maintenance schedules: Providing guidelines for routine checks and maintenance of shared facilities and utilities.

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Streamlining collaboration: Facilitating improved interaction between tenants, landlords and property managers, especially in ensuring building compliance.

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Efficiency through technology: Using automation to manage compliance and maintenance tasks effectively.

Streamlining Technical Management Processes

Proprli’s technology plays an important role in optimizing the technical management of Retail properties. Key benefits include:

Towards sustainable Retail Real Estate

Retail assets have a wide variety of possibilities to become net zero.
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Sustainability transformations: Incorporating sustainable practices, such as energy-efficient lighting and waste management.

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Carbon footprint management: Helping properties move towards sustainability goals.in line with global standards.

Proprli’s Role in the Retail Real Estate Sector

Proprli’s expertise in technical management transforms the retail real estate sector by enhancing the efficiency, appeal, and sustainability of properties. The platform’s role is important in ensuring the smooth operation of retail spaces, thereby maximizing value and functionality for landlords and tenants alike.
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Diverse portfolio management: Showcasing capability through the management of various retail properties.

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Global and Local Insights: Addressing the needs of retail real estates across multiple regions.

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Hundreds of retail assets are managed on the Proprli platform: A testament to Proprli's effectiveness and trust within the industry.

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Millions of sqm retail assets are managed on the Proprli platform: Spanning across countries like The Netherlands, Belgium, U.S. and Poland.

Best Practice Image - 4
Assets Icon - 4

300+

Assets
Area Icon - 4

2 million+

Square meters
Pin Icon - 4

5 Countries

In Europe and US

Ready to take the next step in your asset management journey?

Request a Proprli Demo Today!