DESIGN-led retail property solutions firm United Property Service (UPS) has announced the expansion of their offering to include asset management services.
Established in 2018, its offerings now cover retail leasing, advisory, design management, place strategy and asset management.
“Retail has always evolved, it is just evolving faster than ever before meaning the old retail property rulebook is out,” said UPS founder and director, Patrick Sergi said.
“Our focus at UPS is on working with retail owners and developers to create destinations where customers feel connected and stay longer. We believe over the next decade you’ll see the design of some of the world’s best retail experiences in the world here in Australia – as innovative landlords, developers and heritage assets adapt to this new retail world.”
“Developers and landlords know they need to creatively adapt or their assets will become less relevant.”
UPS has already secured retail podiums at the Novotel Canberra and Novotel Sydney Olympic Park for the new property management arm.
Sergi’s company has previously led the retail design and leasing process for The Rocks precinct near Sydney’s CBD and Brookfield Place, in Wynyard.
Lisa Wood will leased UPS’ new property management offering as asset management director. She brings two decades of specialist experience in asset management services with super regional, regional and sub-regional shopping malls, and was previously at AXA Investment Managers as senior asset manager, real assets, where she spent the last seven years. She has also previously held senior positions at Stockland, Capital and Westfield.
“I am excited to join UPS at such an important time for the Australian retail industry. As we emerge from a pandemic era we have the opportunity to shape a new landscape.”