Internet returns may hit turnover rents
Internet returns may hit turnover rents
- 1999
- Property Week 64(19) 14 May 1999, 19(1) .
It is feared that landlords could lose significant amounts of their rental income if retailers who pay turnover rents refund customers the cost of purchases made over the internet. Watertight clauses in leases are suggested as a way of preventing retailers from using internet returns to keep down rents.
INTERNET
REFUNDS
RETAILERS
SHOPPING CENTRES
TURNOVER RENTS
It is feared that landlords could lose significant amounts of their rental income if retailers who pay turnover rents refund customers the cost of purchases made over the internet. Watertight clauses in leases are suggested as a way of preventing retailers from using internet returns to keep down rents.
INTERNET
REFUNDS
RETAILERS
SHOPPING CENTRES
TURNOVER RENTS