AREAS values regional malls, power centres, retail condos, community plazas and storefront retail properties.
From storefronts to shopping centres
AREAS’s published retail coverage includes regional malls, retail condominiums, power centres, neighbourhood and community plazas, and storefront retail. The assignment should begin with the asset, the tenancy and the decision the report will support.
Prepare a usable tenancy picture
For an income-producing property, organise the current rent roll alongside leases, amendments and a record of vacant space. Clearly distinguish contractual rent from forecasts or proposed terms. If records use different suite names or area measurements, flag the differences.
Explain the operating picture
Available income and expense statements, property tax information and planned capital work can help define the information available for the assignment. Discuss the required reporting period with the appraiser before assembling a large data package.
Where modelling fits
For more complex office and retail assets, AREAS also offers cash flow modelling and Argus support. The valuation and modelling scope should reflect what the client needs to decide.
Your starting checklist
Tick items as you prepare. Selections stay on this page only.