Retail

Achieving compliance in retail

Retail property management can be extremely challenging due to the variety of unique characteristics within retail portfolios. Many retail portfolios have a wide variety of building types and conditions vary considerably. Buildings often lack adequate documentation for services as a result of years of development. Managers have the added pressure of extremely tight operating budgets.

Ultum has completed a number of projects for retailers to assist them with management of their compliance issues. Our ability to quickly deploy large scale audit teams and provide fast turnaround reporting has allowed us to complete critical compliance projects in short periods.

We have developed an innovative service model that allows us to deploy specialised solutions, which address issues unique to the retail sector.

Client can utilise our in house developed integrated asset management system. This system allows Ultum to remotely collect data utilising a variety of flexible technology platforms. Our system is leading edge and allows clients to easily leverage our expertise cost effectively.

We can deploy field resources cost effectively and quickly or we can utilise existing onsite resources to be even more cost effective.

Ultum can provide portfolio managers with structured, systems based services that integrate to optimise the building management function. We partner with our clients to deliver efficiency, control and assurance.

Challenges
- Diverse portfolios
- Complex sites
- Tight operating budgets
- High pressure environment
- Mixed compliance responsibilities where premises are lease and owned


Solutions
- Flexible data collection methods that lower deployment cost
- Automated reporting
- Conduct a review of lease obligation to determine owner/tenant
- obligations


Objectives
- To achieve compliance across the portfolio
- Accurately determine accountability for issues identified
- Ensure rectification costs are realistic and solutions are practical