Shopping Property Management Firms
See also: Category:Shopping property management firmsA shopping property management firm is a company that specializes in owning and managing shopping malls. Most shopping property management firms own at least 20 malls. Some firms use a similar naming scheme for most of their malls; for example, Mills Corporation puts "Mills" in most of their mall names and SM Prime Holdings of the Philippines puts "SM" in all of their malls, as well as anchor stores such as SM Department Store, SM Appliance Center, SM Hypermarket, SM Cinema, and SM Supermarket. In the UK, The Mall Fund changes the name of any centre they buy to "The Mall (location)", using their pink-M logo; when they sell a mall it reverts to its own name and branding, such as the Ashley Centre in Epsom.
Shopping center management and advisory firms are bringing about professional management practices to the largely fragmented shopping center development industry in India. Historically, land ownership in India, has been fragmented and as a byproduct shopping center development, which rendered the single mall developers vulnerable to dubious advice and practices, since standard benchmarks, knowledge resources, and skilled people were scarce. This is changing as new firms promoted by former shopping center managers are stepping in to bridge the gap between ownership and professional management.
Read more about this topic: Shopping Mall
Famous quotes containing the words shopping, property, management and/or firms:
“Most baby books also tend to romanticize the mother who stays at home, as if she really spends her entire day doing nothing but beaming at the baby and whipping up educational toys from pieces of string, rather than balancing cooing time with laundry, cleaning, shopping and cooking.”
—Susan Chira (20th century)
“There is something that Governments care for far more than human life, and that is the security of property, and so it is through property that we shall strike the enemy.... Be militant each in your own way.... I incite this meeting to rebellion.”
—Emmeline Pankhurst (1858–1928)
“The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.”
—Catherine E. Beecher (1800–1878)
“While waiting to get married, several forms of employment were acceptable. Teaching kindergarten was for those girls who stayed in school four years. The rest were secretaries, typists, file clerks, or receptionists in insurance firms or banks, preferably those owned or run by the family, but respectable enough if the boss was an upstanding Christian member of the community.”
—Barbara Howar (b. 1934)