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Tag : landlords

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  • Jigsaw westfield

    Retailers take action on propertySubscription

    News15 January 2020

    Retailers are seizing the opportunity to take “decisive action” on their property portfolios in 2020, say experts, as restructurings and company voluntary arrangements continue to put downward pressure on rents.

  • jigsaw sign 2

    Jigsaw demands 30% rent cutsSubscription

    News9 January 2020

    Jigsaw is the latest retailer to demand rent cuts from landlords in a bid to avoid becoming another casualty on the high street. 

  • Debenhams London

    Debenhams seeks fresh rent cuts Subscription

    News23 December 2019

    Debenhams is seeking fresh rent cuts of up to 25% on around 20 of its stores, in exchange for removing break clauses in the leases.

  • debenhams blackpool

    Landlord appeals Debenhams CVASubscription

    News19 December 2019

    A Debenhams landlord has appealed against a judge’s ruling to close stores, as part of the retailer’s company voluntary arrangement. 

  • Trinity leeds jan

    Landsec swings into a lossSubscription

    News13 November 2019

    Landsec, owner of shopping centres including Trinity Leeds and Portsmouth’s Gunwharf Quays, has announced a loss before tax of £147m for the six months to 30 September 2019. 

  • John lewis oxford street (12)

    John Lewis seeks landlord discountsSubscription

    News4 October 2019

    John Lewis is reportedly seeking discounts from landlords, as it seeks to cut further costs from across the business.

  • next chief executive lord wolfson cropped

    Wolfson: Next cushioned by online 'head start'Subscription

    News19 September 2019

    Next chief executive Lord Wolfson said he is “concerned” for the future of the high street as competitors struggle to survive, but said the company’s online “head start” has helped to boost sales.

  • Clarks lakeside 04 03 1412600

    Clarks seeks rent cutsSubscription

    News27 August 2019

    Clarks is the latest retailer to demand rent cuts from landlords, following a period of weak trading. 

  • topshop

    Arcadia close to deal with US landlordsSubscription

    News19 August 2019

    Sir Philip Green is reported to be close to a resolution of the legal challenges brought against his Arcadia Group’s company voluntary arrangement by two US landlords.  

  • topshop

    Green wins Topshop US legal battle Subscription

    News8 July 2019

    Sir Philip Green has won a legal challenge against a group of American landlords after a court dismissed their claim to recoup some of their losses from the bankruptcy of Topshop US, which they said was in excess of £100m. 

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