Lakeside dam busted

Roberts$hJ

Lakeside dam busted - 2001 - Estates Gazette (0141) 13 October 2001, 54(2) .

Discusses the consequences of the rent arbitrator's review of rents which set the rent on a Dixon's shop at Capital Shopping Centre's Lakeside in Thurrock at 14% lower than the landlord had been requesting. Contrasts this with the retailers' argument that Lakeside has not recovered enough ground since the arrival of Bluewater. CSC argument comprises the fact that there were 11 deals from 1999 and 2000 which supposedly back higher rent levels but the retailers question these findings. Many believe that the Lakeside row demonstrates that shopping centre valuation is not sophisticated enough.


LAKESIDE SHOPPING CENTRE
BLUEWATER SHOPPING CENTRE
RENT REVIEW
DIXONS
CAPITAL SHOPPING CENTRE
TURNOVER RENTS