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The Impact of Theft and Vandalism on Retail Buildings and Security Measures
This episode explores the multifaceted issue of theft in retail environments, beyond common shoplifting concerns. The discussion covers the various types of theft involving building materials and expensive equipment, such as solar panels and EV charger units. Organised criminal activities, seasonal variations and advancements in theft tools are highlighted. Host Gary Marshall also addresses the responsibilities of retailers and landlords in managing security, the complex lease agreements regarding repairs and the broader impacts on staff and operations. Various security measures and their effectiveness, including physical presence and surveillance systems, are examined in the context of preventing and mitigating theft-related losses.
00:00 Introduction to Retail Property Insights
00:19 Theft in Retail: A Persistent Problem
00:38 Unusual Targets: Building Materials and Equipment
02:22 Seasonal and Specialised Thefts
05:01 Creative and Audacious Theft Attempts
06:05 Security Measures and Challenges
07:44 Tenant and Landlord Responsibilities
14:04 Antisocial Behavior and Its Impact
12:54 Daylight Robbery
15:39 The Cost of Security
17:40 Conclusion and Final Thoughts
Related episodes:
Sharing Common Space and Facilities - a Land Grab for EV Chargers and Storage Containers
Bailiffs, Billboards, Breaking and Entering: Five Cautionary Tales of Landlord Encounters
Maintenance, Repairs and Dilapidations in Retail Leases
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