Question: write scenario analysis for Moorooka Centre The best long-term strategy for Moorooka Centre would be to increase its WALE to 5+ years. This would help
write scenario analysis for Moorooka Centre
The best long-term strategy for Moorooka Centre would be to increase its WALE to 5+ years. This would help reduce the risk of prospective vacancies and make it easier to maintain the present tenant base. Additionally, the center could benefit from the increased foot traffic and activity in the area during the 2032 OlympicsThe Moorooka Centre has an excellent history of maintaining long-term tenant relationships. On the other hand, with a WALE of 2.39 for the region and 2.45 for the income, it has a greater potential for experiencing a number of openings in the near to intermediate future. Increasing the WALE to be greater than five years would make it simpler to keep the current tenant base and would help lessen the possibility of vacancies occurring in the future. During the Olympic Games in 2032, there is likely to be an increase in the amount of foot traffic and activity in the area, which could be beneficial to the center. When construction of the Cross River Rail line in South Brisbane begins in the latter part of 2023, the local train stations will see an increase in foot traffic as a result. In addition, the Moorooka region is going to be a hive of activity during the Olympics, which has the potential to bring in new enterprises as well as visitors. In general, extending the WALE to be greater than five years would be the most effective plan for Moorooka Centre's long-term goals. This would make it easier to keep the tenants that are already there while also helping to lower the chance of vacancy. During the Olympic Games in 2032, there is likely to be an increase in the amount of foot traffic and activity in the area, which could be beneficial to the center.
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