For today’s landlords, traditional K.P.I.’s (such as footfall, occupancy rate, effort rates) are no longer sufficient. Many examine what reliable data and commercial calculations can be used to issue leases for retail space, when footfall is not picking up and stores fulfil multiple roles?
“We are now convinced that the previous way of selling a cell or a commercial entity, with a price per sq.m based on a gross footfall per location, is no neither sufficient nor relevant for our retail...
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