Landlords Insurance Premiums A Retailers View

Landlords Insurance Premiums A Retailers View

Background In recent years there has been a significant improvement in the way landlords compile, manage and communicate their service charges to their tenants. This has had led to far greater transparency regarding one of an occupiers major costs. I…

 Rent Review Update

Rent Review Update

Despite the current state of the High Street and the malaise in the retail market many of you will still be facing rental increases, or at least a difficult negotiations to agree nil increases or reductions, at rent review or…

 ‘Portas – Plus’ deals for high street

‘Portas – Plus’ deals for high street

Grant Shapps, the Housing Minister, announced today that the Government is accepting virtually all of the 28 recommendations in the independent Portas High Street Review last December. Encouragingly, Mr Shapps says he is going one step further with a ‘Portas-Plus’…

 Release Leases: Time to get short and snappy?

Release Leases: Time to get short and snappy?

We are seeing an industry drive towards standardisation of retail leases to simplify and speed up the legal process, reduce costs and fill vacant space. This has been evidenced by reports in the property press that LandSecs, Westfield and PruPim…

 The end of Turnover Rents as we know them?

The end of Turnover Rents as we know them?

At a time when retailers and landlords are looking for ways to work together to resolve the issues on our high streets, we’ve been interested to follow the debate on the future of turnover rents. Turnover rents have always been…

 Service Charge – Commercialisation

Service Charge – Commercialisation

Commercialisation is now a standard part of a shopping centre income stream. But who benefits? Sean Kelly reports Pick a percentage. If you’re a retailer make it at least 20, above 50 and probably close to 100. If you’re a…