Tricky leases
Tricky leases
- 2000
- Financial Times 20 October 2000, 30(2) .
Inflexible leases explain Arcadia's decision to close 55 stores in addition to the 400 already announced. In the current climate, retailers require flexibility in accommodation, yet are restricted by long leases with upwards-only rent reviews. IPD UK monthly index graphs.
RETAIL PROPERTY
RENT REVIEWS
FLEXIBLE LEASES
COMMERCIAL LEASES
RETAIL SPACE
RETAILERS
ARCADIA
SHOPPING CENTRES
HIGH STREET
Inflexible leases explain Arcadia's decision to close 55 stores in addition to the 400 already announced. In the current climate, retailers require flexibility in accommodation, yet are restricted by long leases with upwards-only rent reviews. IPD UK monthly index graphs.
RETAIL PROPERTY
RENT REVIEWS
FLEXIBLE LEASES
COMMERCIAL LEASES
RETAIL SPACE
RETAILERS
ARCADIA
SHOPPING CENTRES
HIGH STREET