New retail centre management contracts for Spire Property Management

Private client growth on the increase for Spire Property

Spire Property Management is growing strongly, with the recent securing of eight new management contracts in the greater Cape Town area.

“The properties are all retail centres belonging to two private clients. Seven of these belong to one client and range from 500 square metres in size to 2000 square metres,” explains Marc Edwards, General Manager of Spire. “The other one is the Parklands Junction Centre on Parklands Main Road, a 3500 square metre centre anchored by Macdonalds and Woolworths.”

“The securing of these new contracts is a testament to Spires ability to efficiently and effectively manage properties In the current recessionary market, hands on professional property management is essential – particularly in retail property. 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 add service to the National stores.

Edwards believes that Spire’s growth over the past two years “can be attributed to our professional and successful reputation as well as our 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 which 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.

“These are all great new contracts for Spire and we are confident that we will be able to add value to the properties for the owners, keeping tenants happy and the buildings in good shape”, says Bruce Kerswill, Managing Director of Spire.

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