What would be the best for moorooka center

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Reference no: EM133278289

Question - What would be the best for Moorooka Center, provide the long-term strategic asset management plan for Moorooka Center. Help improve the business.

The Moorooka Center has a good track record of keeping tenants. Increase the WALE to 5+ years as part of a capitalisation rate plan to reduce the risk of prospective vacancies. Due to its WALE of 2.39 for area and 2.45 for income, the Moorooka retail complex is now at a higher risk of experiencing several vacancies in the short to medium term. Maintaining the present, devoted tenant base-some of whom have been with the centre for 20 years-will be made easier by having an appealing WALE. The closing of railway stations in nearby neighbourhoods will result in more people using Moorooka Station once Cross River Rail extension in South Brisbane gets underway in late 2023. The adjacent Moorooka will have a lot of activity during the 2032 Olympics. The shopping center have relatively less car park.

Reference no: EM133278289

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