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Shopping Centre Benchmarking
Shopping centre benchmarking is a tool for shopping centre business and property management and development. The service tracks and compares the monthly numbers of visitors, sales by tenant category, as well as occupancy rates of shopping centres. The service also compares shopping centre rents and OCR (Occupancy Cost Ratio) figures as well as shopping centre property returns, operational costs and energy consumption at an annual level. The service content has been developed together with the Finnish Council of Shopping Centers and the main players in the sector.
Shopping centre benchmarking is a tool for shopping centre business and property management and development. The service tracks and compares the monthly numbers of visitors, sales by tenant category, as well as occupancy rates of shopping centres. The service also compares shopping centre rents and OCR (Occupancy Cost Ratio) figures as well as shopping centre property returns, operational costs and energy consumption at an annual level. The service content has been developed together with the Finnish Council of Shopping Centers and the main players in the sector.
The service includes
- Shopping centre level benchmarking of sales by tenant category, number of visitors and occupancy rates (based on the Finnish Council of Shopping Centers’ sector classification 2019) at a quarterly level
- Benchmarking of shopping centre rents and Occupancy Cost Ratio key figures at an annual level
- Shopping centre returns, realised operational costs as well as electricity, heating and water consumption and CO2 emissions at an annual level
- Company- / shopping centre-level results analysis and feedback session
- KTI Online: Data can be flexibly searched, downloaded and analysed in our online service.
Example Reports
Use benchmarking to
- Strategic and operative management of shopping centre business and properties
- Track and compare shopping centre sales, visitors and occupancy rates
- Manage and develop rental operations in shopping centres
- Analyse rental and OCR levels (ratio of rent to turnover) per tenant category
- Review and set targets for shopping centre returns, operational costs and energy consumption during the year
- Communicate internally and externally, incl. tenant communication, and to strengthen corporate image
Benchmarking is based on
- Information about 40 shopping centres, covering almost 80% of the total shopping centre area in Finland
- Service content defined by the Finnish Council of Shopping Centers, KTI and the main players in the market
- Time series since 2013 (sales and visitors since 2011)
- Shopping centres classified by location, size and centre type
shopping centres
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of Finnish shopping centre sales
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%
time series since
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Contact Us
Interested in Shopping centre benchmarking? Contact us and learn more.