Leadership in Real Estate Asset Management

Sectors

Strategies for a diverse real estate portfolio

Retail and Lifestyle Plazas

Commercial and office

Industrial and warehousing

Special use and other

RETAIL AND LIFESTYLE PLAZAS

The retail sector accounts for approximately 50% of our revenue and comprises a diverse tenant base. We have a primary focus on lifestyle plazas which provide a broad range of tenants, ranging from clothing and electronic stores, food and restaurant, larger chains such as KFC, Pizza Hut, and TGIF, as well as entertainment such as the notable Movie Towne. With north and south branches, these locations are in high demand. A large percentage of the total rentable space is occupied by anchor tenants which invest a significant amount of capital to outfit their stores and buildings.

COMMERCIAL/OFFICE

Office and commercial account for approximately 35% of our income and includes diverse tenants such as commercial banks, government agencies, multinational companies, and other public companies most of which occupy class A office space. The portfolio includes the Briar Place office building located in the prime commercial district of St. Clair, and which is home to companies in the energy, health, food/retail and professional services. The Group is also landlord to the four Superpharm stores located in Gulfview, Valsayn, Chaguanas, and Westmoorings.

INDUSTRIAL/WAREHOUSING

The industrial and warehousing sector includes a 10.23-acre property that forms part of a small industrial complex comprising six buildings which are used by tenants for light industrial and storage facilities. The buildings have the convenient layout of a mezzanine floor which is used as storage or as small ancillary offices. The group is working on increasing this sector in the short-term as the need for prime warehousing and storage increases.

SPECIAL USE AND OTHER

The group also provides other mixed-use and fit-for-purpose facilities with in-place tenants. One such case is an 80,000 square feet building occupied by the Ministry of National Security, which is purpose-built to meet the occupant’s special requirements. The building is located in the emerging south Aranguez area. This area is experiencing rapid growth due to the recently built Aranguez interchange and the newly constructed road network.

Risk Management

We execute a preemptive risk management strategy for all properties

Individualized plan

Due diligence and design risk management plan unique to each property accounting for building, people and contractual matters.

Uncovering and assessing risk

Continuous assessment (not just at the beginning) of the risk factors such as tenant liability or legal issues, and equipment failure.

Measurement and corrective

We never overestimate a property’s potential, but conduct performance stress tests in areas such as financial, services and systems.

Constraining strategy

At the asset level, we maintain all fit insurances, performance caps and improve information flow to transfer or redistribute risk.