Retailer Management
There are traditionally, four equally important legs to successful mall management: leasing, finance, marketing and operations
Propcare recognizes that managing malls is not just about managing the mall environment, but also the complete retail environment and customer interface. At Propcare, we believe that a fifth leg, namely Retailer Management, is crucial to the success of the mall.
A good retail environment ensures shoppers are happy with their visits and also ensures repeat visits. A happy shopper translates into better sales for the retailer and through this enhanced interaction between the retailer and customer, a better return on investment for the developer results through increased revenue share rental income. This simple equation (“power of five”) is the foundation of our Retailer Management philosophy!