MBR is a commercial real estate advisory company, based in
Plovdiv, Bulgaria.
Our advantage is the extensive experience in managing retail parks and malls of various sizes and in all phases of a project’s life cycle – planning, construction, and management.
The company operates in fields of retail real estate development and management and provides the following services:
We will make preliminary assessment of the financial feasibility of the project and will make optimization proposals, based on:
• Opportunities research: catchment areas, demographics, locations, retailers.
• Conceptual planning – size of the project, public amenities and/or improvements
• Financial vitality of the project – formation of EBITDA/NOI based on future revenues, expenses, OPR and OPP.
We will consult your project during the design and construction phases of the project from retail and property management perspective.
We will attend periodic meetings in these regards.
We don’t just rent out, we provide full service – from planning the mix to delivering the center to the finished store.
• Preparation of the leasing plan, based on location and catchment area.
• Leasing of the project to international and local retailers.
• Tenant coordination:
– Coordination, administration, and monitoring of the design and construction of commercial properties.
– Gathering necessary contract documents – insurances, bank guarantees.
In case you decide to run the project after opening by your own, you can count on us for:
• Conducting tenders and other procedures to select optimal contractors.
• Team training.
• Creating and implementing standard operating procedures.
• Preparation of the first budget of operational expenses, incomes and cash flows.
If you entrust us with your project, you will receive full property management services after its opening:
• Leasing management – new negotiations and renegotiations.
• Marketing management.
• Facility management.
• Tenant relations management and debt collection.
• Budgeting and planning.
Sometimes, when things aren’t going well and waiting for better days doesn’t help, it’s time for a change.
We can help you with repositioning and redevelopment of the scheme. We will start from the begininig – research of the opportunities and we will go all the way – redevelopment of the tenant mix, layout and/or buildings.
