Vacancy rate falls after ‘more realistic’ landlord expectations
Vacancy rates across CRS Property’s shopping centres under management is currently around 1% - this is 2.6% below the industry average.
“We pride ourselves of being ahead of the curve” said Lincoln McConnell-Brown, Senior Principal and Head of Asset Management for CRS Property.
“Our entire team work strategically with our retailers to maintain tenancies across all managed assets. The tripartite relationship between our tenants, centre managers and leasing executives ensures occupancy levels are maintained and positive asset growth projections can be sustained” said Lincoln.
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