Development and Construction: Driving property values
Our Development and Construction team imagines, designs and builds each of our redevelopment and development projects, a demanding process that cuts across all areas of our Company and requires a high degree of professionalism, experience and skill.
Our team’s responsibilities include finding the right sites, working with public officials and private stakeholders to get those sites entitled, conceptualizing innovative projects from start to finish, and creating viable economic models for each project. In concert with colleagues from across the Company, our Development and Construction team rises to the challenge of delivering major projects on time and on budget.
Abroad, we often develop properties in risk-reducing joint-ventures with large and well-respected local partners. Indeed, our insights, expertise and culture of human values make us a business partner of choice. Our Development and Construction team has helped us take retail and entertainment development to the next level and set new benchmarks for the industry.
As with everything else, the proof is in the performance, and the performance of our Development and Construction team has been unmistakably powerful.
Leasing: The art of the retail mix
Driving traffic and sales through superior merchandising is what our Leasing team is all about. Passionate about retail, our experienced and highly motivated leasing professionals maintain a laser-like focus on making our tenant rosters the absolute best-in-class. They routinely work with tenants of all types and sizes—everything from hip international specialty stores, to quirky local retailers to coveted anchors with impressive pull.
However, talent, instincts and drive are only part of the picture. Retail, after all, is a relationship-based business. Our Leasing team puts a top priority on fostering meaningful, long-term relationships with our retailers and their representatives. Understanding retailers’ needs, as well as maintaining open and direct lines of communication with them, are fundamental to this people-centric approach.
All members of our team work hand-in-hand with other teams in the Company to create a specific value-added merchandising and leasing plan for each property and project. But they also embrace a team spirit when working with existing and prospective retailers to ensure that they find in our centres an operating platform that will lead to their success. After all, if our retailers are successful, our shopping destinations will be as well.
Management and Marketing: Expertly fine-tuning the shopping experience
The Management and Marketing teams at each of our shopping centres are among the most dedicated, enthusiastic and passionate in the industry.
Put simply, our teams live and breathe the culture of shopping. They understand that shopping is about more than just running errands—it is a defining activity of contemporary life, a sensory and emotional experience. They also fully appreciate that different customers can have very different needs. Rather than a one-size-fits-all approach, our Management and Marketing professionals carefully craft marketing campaigns designed to ensure that our centres are both differentiated and dominant. Frequent outreach efforts make these teams valued actors within their local communities. Their strong emphasis on creating welcoming environments, moreover, makes our centres important community focal points in and of themselves.
Little wonder that our Management and Marketing professionals have a remarkable track record of orchestrating shopping experiences that drive both traffic and sales. Each year, some 370 million people return to our centres again and again to shop, eat and play. Now that’s customer loyalty!
Investments: Expanding our horizons
Monitoring markets around the world. Building relationships with local firms in target markets. Identifying, negotiating and closing on promising investment opportunities. Such are the exciting challenges our Investment team meets head on each and every day. The savvy professionals on this energetic team have a knack for pinpointing investment opportunities and building and nurturing business relationships, no matter the market.
With its superior understanding of the shopping centre industry, solid credentials in finance and deep respect for other cultures, our Investment team has earned a strong reputation as a leader in the field of real estate investment. Over the years, our team, which works closely with its expert colleagues in Finance and Legal Affairs, has been instrumental in Ivanhoe Cambridge’s successful expansion abroad.
That expansion requires staying ahead of the curve on global retail and economic trends, identifying promising investment opportunities that corresponded to our exacting criteria, and mastering economic, cultural, fiscal and legal specificities in markets and cultures of all types and sizes. Only by adopting a flexible strategy was the Company able to adapt to these manifold realities. Moving forward, this same approach will yield new opportunities as Ivanhoe Cambridge taps its respective strengths to invest in the future.