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CASE STUDIES - Case study 1

Case study 1

Improving non-core revenue

Centre: South East shopping centre ranked within the top 30 in the country, owned by a well-known, private landlord.

Background: Activity being managed in-house which led to a lack of strategic approach, market reach and leverage, and little time to dedicate towards delivery. Income at about one third of industry benchmark.

Approach: Landlord instructed Asset Space as part of their team, with responsibility for devising, implementing and managing a strategy.

Result: Landlord non-core revenue income in Year one improved by 60% year on year. Landlord non-core revenue income in Year two improved to 120%.