Generates revenue primarily from leasing and operating supermarket-anchored, open-air neighborhood retail centers. Growth is supported by acquiring leased properties and improving occupancy and rents through asset enhancement.
Geographic Exposure
United States98.95%
Other (non-U.S.)1.05%
Revenue Drivers
Supermarket tenants rent
Lease income from supermarket anchor tenants.
CORE35%
Other retail tenants rent
Lease income from miscellaneous retail categories.
CORE17%
Food and beverage tenants
Lease income from restaurants and food-related tenants.
SIGNIFICANT16%
Service provider tenants
Lease income from consumer and business service tenants.
SIGNIFICANT15%
Discount store tenants
Lease income from discount-oriented retail tenants.
PERIPHERAL8%
Pharmacy tenants
Lease income from pharmacy and drugstore tenants.
PERIPHERAL3%
Fitness center tenants
Lease income from gym and fitness tenants.
PERIPHERAL3%
Clinic tenants
Lease income from medical clinic tenants.
PERIPHERAL3%
End Markets
Supermarket retailers
Food and beverage tenants (restaurants/quick service)
Service providers (e.g., banks, salons, dry cleaners)
Discount retailers
Pharmacies
Fitness operators
Medical/clinic tenants
Specializations
Open-air neighborhood retail centersSupermarket-anchored center strategyThird-party property management agreements (2.5%–4% of gross rent)Lease renewal and new-lease execution servicesTenant improvements and asset upgradesOperating expense recoveries from tenants+2 more
Activities
Property acquisition
Leasing
Asset enhancement/value-add improvements
Portfolio and property management (via third-party managers)
Medipower (Overseas) Public Co. Limited (MDPR) | ACE
