Spire Property Management secures new retail centres

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The centre in Bloemfontein, called The Walk, is of 5748m² and is situated on the corner of Jan Spies and Maretha Maartens Street in Langenhoven Park, the anchor tenants being Checkers and Clicks. Mountain View, the centre in Northcliff, is situated on the corner of 14th Avenue and Weltevreden Road and is of 5214m² with anchor tenants Woolworths and Clicks, whilst the Scottburgh Mall, which is of 15,979m², is situated on corner of Old Main and the R102 and hosts anchor tenants Pick n Pay, Food Lovers Market, and Woolworths.

"The securing of these new contracts is a testament to Spire's ability to efficiently and effectively manage retail properties in the ongoing recessionary environment. Hands-on professional property management is essential - particularly in retail property," said Sean Paul, MD of Spire Property Management.

Understand what the tenants need

"Property managers are of vital importance to landlords and should be intricately involved in the tenants' business and understand what the tenants need to succeed. They should be a positive source of encouragement and knowledge to the smaller line shops and a provider of value-added service to the national stores."

Paul believes that Spire's ongoing growth can be attributed to the company's professional and successful reputation as well as its approach of offering a personal, tailor-made service, "and the fact that we look to create extra value in the properties we manage wherever possible".

"These times call for managers to watch costs closely whilst ensuring the tenants' concerns are heard by the landlord. This is a juggling act that requires skill and empathy, and is essential for the long-term success of the centre. We believe that experienced property managers will continue to add tremendous value no matter what the market, and play a critical role in the efficient and effective management of quality property assets," concluded Paul.