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Our team dedicated to shopping centers offers tailor-made advisory services on developments, leasing and management of shopping centers and multi-functional centers around Italy. Our approach is always focused on specific client’s needs – be these Developers, Investors, Landlords or Consortium – with the goal to provide strategic directions towards shared success and enhancement of the asset.

Our experience

Working in harmony with the client’s interests, Cushman & Wakefield’s Retail division can meet any need relating to the acquisition, development, marketing, management, valuation and disposal of Retail assets.

The Cushman & Wakefield Retail Leasing division is organised to operate nationwide, assisting the owners of commercial premises on high streets and in shopping centres and retail parks alike, with a complete range of advisory services. Our professionals can rely on vast experience, access to exclusive market data and a network of contacts selected to supply the most effective solutions for every location. The first step for every advisory service is an in-depth analysis of the property and its retail context: essential for defining the location’s potential

The Asset Services division provides o large retail complexes owners and asset managers with customised support, in accordance with their specific needs and their operating or financial priorities. Cushman & Wakefield is able to draw up successful, sustainable strategies, designed to meet the needs of all the players - investors, developers and tenants - by maximising retail success and ensuring full value.

Our tailored service

Thanks to synergies with our international network and to partnerships with global retailers, we are able to enhance the brand-mix of shopping centres through the inclusion of destination stores and innovative formats. our leasing services:

• Feasibility and pre-leasing studies for shopping centres, retail parks, stand-alone stores
• Layout, merchandising plan, tenant mix and business plan
• Commercial due diligence for acquisitions/ sales
• Letting and re-letting
• Negotiations and contract renewal

Every asset has a different history, unique characteristics and specific needs. The Cushman & Wakefield advisory model is designed to respond to this uniqueness, with a selection of services to be combined in various ways:

• Strategic consulting and planning of restyling, extension, redevelopment and upgrading projects for shopping centres and mixed use destinations (in collaboration with the Project Development Services department).
• Launch and opening of new shopping centres
• Leasing, commercial due diligence and advisory services (in association with the Retail Leasing and Advisory divisions)
• Drafting of ordinary and extraordinary budgets
• Marketing and communication plans
• Tenant management and rent collection
• Consortium and condominium management
• Community relations • Client and footfall analyses
• Accounting management
• IT support (Yardi)
• Temporary leases
• Technical services

 

Want to know more?
If you would like to find out more about our specific expertise, or discover how we could work with your company, please contact a member of our team – we would be delighted to hear from you.

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A regular update on the commercial real estate market in Italy.
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The first half of the year has been quite an eventful period for the world, with some countries ending up in domestic political turmoil, such as UK and Italy. Indeed, in July Italy experienced the collapse of Prime Minister Mario Draghi's national unity government leading the President Mattarella to dissolve the chambers and call new elections for September 25th. Combined with that, the war in Ukraine, the geopolitical turmoil, the energy crises, rising inflation and tightening policy from central banks have all resulted in warns of recession for the global economy. For real estate it means that the low-rate environment is a memory of the past and investors and banks are preparing to face a not-negative interest rate scenario for the upcoming months.

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