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…
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…
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…
04/08/2020 – The PMA has this morning written to the Chancellor, seeking urgent confirmation that the current business rates holiday will be extended to April 2022