For a property developer whose experience has only been in undertaking housing schemes, shophouses or office buildings, embarking on the development of a shopping mall is an unfamiliar and bewildering journey but this can be made easier and with a higher success rate when there is input from a specialist retail consultant. At Henry Butcher Malaysia we have helped developers in their quest to build successful shopping malls.
We provide a comprehensive range of services to assist developers / owners of shopping centres and commercial centres as well as retailers themselves.
We assist developers in carrying out market studies to determine the viability of putting up a shopping centre / commercial centre in the chosen location, establish the sphere of competition and identify the key competitors, estimate the market catchment size, profile and finally, recommend the type and size of shopping centre / commercial centre including its market positioning based on our survey findings.
We will also assist the developer’s architects and consultants by producing the most optimum layout for the shopping centre, size of the retail lots based on the proposed positioning that will best fit and serve the identified market catchment. We are also able to assist developers by identifying the ideal retail mix for the mall based on the size and demographics of the catchment.
For the retailers, we have the expertise and experience to advise about potential site locations, estimation of catchment size, demographic profiling and store planning.
We are also able to assist mall owners by reaching out to potential retailers based on the retail mix to take up space and open stores in their malls. In this regard, we will carry out joint inspections with the prospective retailers, negotiate the lease terms, collect the requisite deposits and arrange for the signing of the tenancy / lease agreements. Where required, we will assist the mall owners in tenancy / lease renewal negotiations.
As part of our comprehensive range of services, we have also extended property management services to mall owners.
For more information, Contact us now.