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Wednesday, 26 February

Managing Asset Service

Claiming to be the largest operator of outlet centres in the UK, Realm is offering a new asset management business aimed at the shopping centre sector. The new business venture brings Realm’s states that it will be using its ‘extensive expertise’ of the outlet centre and applying it to the rapidly expanding shopping centre model.

With shorter leases, sales data capture, a progressive and flexible leasing approach, turnover rents, research focused marketing and hands on retail operations, it believes its experience will be brought to the fore within the more traditional shopping centre markets.

As a catalyst to the launch of Realm Shopping Centres (Realm SC), it has already recruited shopping centre specialist, Mark Wilson, to work alongside managing director, Colin Brooks on this business venture. The former held senior roles at GVA and Gooch Webster, before forming his own retail specialist consultancy business, Macarthur Wilson, 15 years ago.

In addition to his appointment, Realm has also acquired Ray Cliff’s shopping centre consultancy business, Optimise. He has joined Realm as head of Centre Management and alongside Wilson.

“The challenge faced by shopping centre owners has fundamentally shifted in recent years and it’s clear that the methods Realm delivers very successfully in the outlet centre sector is increasingly relevant to traditional shopping centres,” declared Mark Wilson.

Article written by ThisWeekinFM


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