Retail centres – full occupancy, growth and cost optimisation

Type: Retail centres
Geography: Denmark

Background

The portfolio consisted of larger Danish retail centres requiring stabilisation and improved commercial performance in a challenging market environment.

The focus was on reducing vacancy, increasing revenue, and optimising operating costs, while implementing a more active approach to asset management and leasing.

Scope of work

• Responsibility for operations, leasing, and commercial development
• Active leasing and close dialogue with tenants
• Optimisation of tenant mix and positioning
• Planning and execution of CAPEX and development projects
• Optimisation of operations and supplier structure

Results

• Achieved full occupancy across the portfolio
• Delivered approximately +7% annual revenue growth
• Reduced operating costs (OPEX) by approximately 25%
• Stabilised and strengthened the portfolio in a challenging market

Role

Responsible for asset management, leasing, and operations with a strong focus on value creation and long-term performance.