Retail Store Lifecycle Management

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Increase Retail Property Performance with Manhattan

The Manhattan Retail Store Lifecycle solution from Trimble increases the performance of property assets while decreasing the costs and time it takes to plan, design/acquire, construct, manage and optimize the portfolio of consumer oriented facilities.

Manhattan enables retailers, shopping center managers and investors to receive these benefits over the entire real estate lifecycle by being able to utilise one centralised system while standardising processes with a web-based interface for increased financial results while reducing risk and increasing the ability to respond to unknown circumstances.

Benefits

  • Unique Financial Management module which provides a real estate-specific sub-ledger and other financial and accounting tools that allow organisations to evaluate their real estate spend while practicing sound accounting principles
  • Preparedness for the anticipated FASB/IASB regulatory accounting changes and GAAP compliance
  • Configure NOT Customise. A configurable application with flexibility, workflows and configuration capabilities to be adapted to meet specific business requirements
  • Fully integrated, centralised system to address the full lifecycle needs of any leased, owned or managed retail portfolio
  • Secure, web based application offered as a true SaaS or on-premise application

     

Tailored to Your Detailed Needs

The Manhattan Retail Real Estate Portfolio tool provides a modular and configurable application that supports the entire retail real estate lifecycle. As a modular system, Manhattan allows users to pick and choose the right applications for their organisation’s exact requirements – from full global solutions with multiple modules and hundreds of users, down to a complete working system using a single module. With Manhattan, you can start with the modules you need today and add to your solution as your business requirements evolve.

Comprehensive Retail Lease Management

The Manhattan Lease Management module is one segment of the Manhattan Real Estate Lifecycle Management Solution which is used by retailers, managers and investors worldwide. This technology provides the tools needed to accurately plan, track, manage and maintain – in a single system - all aspects of both real estate and capital asset leased and owned portfolios. The predesigned application ensures accurate, real time visibility of your property, leasing and financial data.

  • One centralised lease information system
  • Improved visibility and accuracy
  • Process automation and efficiency
  • Improved forecasting and reporting
  • Optimised cost control
  • Support for proposed FASB/IASB changes
  • 3rd party system integration

     

For Retail Occupiers

•  Identify and visualise potential sites based on specific criteria (demographics, customer shopping characteristics, location, competition…)

•  Analyse financial returns of potential sites (discounted cash flows, NPV analysis, capacity planning…)

•  Plan for capital investments for the future including new stores or renovations based on location decisions or condition of the assets

•  Track lease options and expirations, monitor key dates, automate payments/billings and identify underperforming sites

•  Manage the tenant improvement process from design through construction

•  Track and manage store modifications, new builds or extensive re-designs/renovations from inception to successful completion in a controlled setting that provides complete visibility into all levels of decisions and activities

•  Manage service requests, work order processing and preventive/predictive maintenance

•  Understand the cost, amount, quality and utilization of all retail/HQ space and assets

 

For Retail Investors & Centre Managers

  • Manage the design and construction process for new buildings or renovations to bring projects in on time and within budget
  • Manage the full turnover rent process (forecasting, estimating, calculations, recoveries…)
  • Perform detailed sales analysis by product category, retail zone, floor, unit, brand...; as well as comparative sales figures and sales trends
  • Compare sales against footfall, weather conditions, marketing campaigns…
  • Perform rent and service charge accounting, accounts payable and receivable
  • Forecast revenue, expenses and cash flow
  • Benchmark performance against industry statistics