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Landlords re-lease as department stores downsize


Landlords re-lease as department stores downsize
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Shopping centre landlords and retailers are undertaking further restructuring in malls to adapt to new shopping habits and how consumers use malls in the post-pandemic era.
While tenants such as department stores have shrunk stores over recent years, there has been a fresh wave of activity to future-proof malls by landlords, allocating space to new tenancies by downsizing areas where space is no longer required.
One consideration for landlords is that department stores take an average 20 plus 20-year lease in a mall and can negotiate lower average leases. Smaller stores have shorter leases and are charged higher rents, which make them more attractive for owners. ....

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Oxfam Trailwalker in training: Keeping fundraising personal


This will go towards projects such as providing access to clean water and aiding families to earn a living, grow food and send their children to school.
The key to good fundraising is keeping it personal, says Sarah Barrer from Barrer and Co, a Christchurch company that specialises in supporting not-for-profits to fundraise.
Talk about why you care about the cause, and give people the reason to donate, she said.
“I would focus on relationships,” Barrer said.
“It’s always the care and the connection and the nurture of the relationship.
“In New Zealand we’ve got a real issue with stewardship.” (The ongoing care of people who have donated.) ....

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Oxfam Trailwalker in training: Getting back on the horse


I’m one of about 1000 Kiwis in training for the Oxfam Trailwalker, New Zealand’s largest team endurance event, in which teams of four tackle either 100 kilometres or 50 kilometres within time limits.
The event is taking place in New Plymouth in March, but looking at my Garmin app, I did – gasp – very few training walks in December.
However, since talking to Fiona Ross of Rampage Fitness, I feel all is not lost.
“The first thing I would say is just do something,” she said.
Don’t listen to your inner critic, she advises – do with what you can, especially if you re tired or if you re a woman approaching your monthly go-slow. ....

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