How Retail Landlords Can Reinvent Ailing Shopping Centres
by MR Magazine Staff
Jul 09, 2019
It is hard to think of a worse time for Britain’s battered retailers. Whole chains are closing down, and even where they remain alive branches are getting pruned. Rents are being forced down with threats of bankruptcy if the chains are not allowed to pay less. Philip Green’s Arcadia empire, which includes Topshop, is the latest case in point. With every week that passes, the outlook gets bleaker for anyone who runs a shop, and understandably investors are getting very nervous about the fate of the companies that own all that space. After all, a lot of high streets are already virtually dead, and out-of-town shopping centres are increasingly heading in the same direction. Read more at Money Week.
