Keep the tenant the rent roll still shows as paying.
One unit or ten thousand, one street or twenty markets, the ones you hold or the one you are still bidding on — and every tenant in them, Namibia and Namibia included.
Which tenant on this rent roll is the risk?The roll shows who paid. Its street shows who is going.
Ask the question this week hinges on.
Eight things said before the meeting, and the answers.
What gets said in the room
Sample an asset in one city
What is this rent roll actually resting on?
The street grew. Some of its tenants went backwards inside it.
5 of the 21 tenants lost visits over the year. Their street gained.
Underwrite the rent roll on the tenants keeping their customers.
A bid priced on the tenants over the crowd.
Which tenant in this asset is the risk?
One tenant has slipped against its own neighbours for four quarters.
It sits 22 points under the tenants beside it on its own street. A year ago it was 7 under.
Put it on the call before the renewal, not after.
A watch list with a reason in every row.
Which of the four hundred needs us this quarter?
A handful moved against their own neighbours this quarter. The rest held.
13 of the 400 moved against their neighbours this quarter.
Take the thirteen to the quarterly meeting, not the four hundred.
Attention spent where it changes something.
Which of the three types stays longest here?
Two of the three types keep their tenant far longer on streets like this.
Of one type, 7 units in a hundred change tenant each year here; of another, 25.
Pick the type this street keeps longest, then the tenant.
A unit that keeps its tenant.
The asset held its own. So who inside it was down?
The asset held. Not every tenant inside it did.
26 of the 80 tenants fell while the asset held. 17 grew faster than it.
Take the twenty-six, not the average, into the trading meeting.
One number becomes eighty answers.
Why is this market attractive right now?
The street this asset stands on has gained visits for four quarters. The one behind it has not.
This street +31% on visits over the year. The street behind it, −5%.
Put the two streets side by side in the paper.
A market section written from this quarter.
Why take this unit and not the one on the next street?
The tenants here keep their customers better than the ones on the next street.
71 of every hundred consumer opinions here are positive; 52 on the next street.
Lead with what this address’s own customers say.
A rent argued from evidence over the queue outside.
Can we use one tenant-mix rule across the portfolio?
One type is among the safest in one market and among the riskiest in another.
Few of them close in a year in one market; far more in another.
Choose the mix market by market.
One rule per market, not one for all.
Judge each tenant, not the street’s single number.
Every tool gives one number for a street. Its tenants sit more than forty points apart on what their customers say.
The tenants that later closed already sat below the rest of their street a year earlier. Sort a street by that gap and the tenants to call are at the bottom.
One street, one number — and its tenants more than forty points apart.
Get the same answer wherever the deal lands.
Every address in 195 countries on the same measure — the market the deal is in, and the one it lands in next.
The asset priced against evidence outside the sale.
Ask whether you are buying the street’s leaders or its laggards.
Set the tenant mix on this market’s own numbers.
Of these six, food and drink close most in every market, and the pharmacy least in nearly every one. Between them the order changes with the market.
How often a type closes depends on its market
How many in a hundred of that type close in a year, in each of six markets.the gym travels furthest: four in a hundred close in its safest market, fourteen in its riskiest
The safe type in one market is the risk in the next.
Settle whether the fall is the tenant’s or the street’s.
Between a quarter and a half of the tenants on a street lost visits while the street around them held or grew.
A street and its tenants go different ways
Out of every hundred tenants on one street, over one year.The tenant that grew while its street fell is the one to keep; the one that fell while its street grew is the one to call.
Put every team on the same tenant and the same measure.
A shop, a centre, a scheme: whatever the portfolio holds, what divided these teams was always which tenants each could see. Here is what each takes from one set of numbers.
The tenants going, ranked before the rent is late
- Every tenancy ranked against its own street, worst first.
- What each tenant’s customers praise, and what stops them.
- Which businesses opened and closed on the streets you hold.
The rent roll you are buying, tested before committee
- Visits at every address in the roll, against its neighbours.
- The tenant types this street has held, and lost.
- Prices on the same items, address by address.
The type this street keeps
- Which tenant types open and close most here.
- Who is opening in this market, category by category.
- What the people this street draws are like.
Every tenancy on its own numbers, not the asset’s one
- Each tenant against the others on its street, weekly.
- When the streets around it are busy, hour by hour.
- The hours its tenants keep, and the hours wanted.
The assets whose streets are fading
- Every asset’s street, gaining or fading, on one measure.
- Openings and closings around each asset, quarter by quarter.
- Which assets sit on streets that behave alike.
One comparison the whole paper can rest on
- One category taxonomy, the same in every market.
- What consumers said about every tenant, in their own words.
- The streets around every address, on the same scale.
Every market the portfolio holds, on one footing
- Which markets are moving, and which have stalled.
- Each asset’s own street, gained or faded.
- What the consumers around each asset now say.
Every team answering from the same tenant, the same week.
Answer the same question for one address at a time.
You can ask each one for a single address too.
One measure across the portfolio, a page for every address.
Weekly refreshed, since 2020
Judge every tenant before the rent is late.
Why is a tenant that still pays the furthest behind its street? Leave your email and we send every tenant, ranked.