The asset management of major shopping centres in the UK and Europe calls for a particular expertise.
Our experienced shopping centre team has the key specialist skills and expert individuals and advisors both within the UK and Europe well used to creating strategies to improve the current and future performance of these valuable assets. Retail guru Ferris joins FIREM.
Relationships and communication with the key stakeholders in the industry and the local authorities are key and something our team pride ourselves in creating and maintaining.
Our growing, managed shopping centre portfolio in the UK and Europe is achieving some outstanding results, attracting new retailers and retaining existing ones as well as benefiting from a creative approach to adding value to these assets, working with our property management and planning and development teams. Often this can lead to the opening up of new uses and income streams to further enhance the asset value.
Our in-house team specialises in assessing the inherent commerciality of a given property or portfolio through the cycle of asset purchase to the realisation of liquidity at disposal.
Our team’s varied background of corporate board and private equity projects across every property sector and discipline complements our ability to define strategic approaches, mitigate liabilities and create and enhance value.
Planning and development plays a vital role through identifying and realising development value within an asset.
Whilst we do enlist the advice of external consultants, we have a strong in-house capability and expertise, which enables us to maximise values by securing the best planning permissions.
We work closely with each asset manager to pull a commercial, strategic masterplan scheme together, liaising with local authorities and adjoining landowners or joint venture partners. This experience spans many successful schemes in the residential, mixed use, commercial and retail sectors.