Abstract
This paper addresses the formulation and implementation of successful turnaround strategies for distressed retail properties, including key characteristics for potential investment candidates, capital improvement programmes and retenanting programmes designed to make mall properties less susceptible to the loss of major anchor tenants. Attracting and enhancing entertainment-oriented anchors, improving visibility of key tenants, weeding out unhealthy, low-volume or unprofitable stores and attracting junior anchor tenants effectively to ‘Wal-Mart proof’ mall properties will also be addressed.
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