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Retailers act to break stranglehold over leases

Series: Financial Times ; 27 June 2000, 5(1)Publication details: 2000Subject(s): Summary: A group of the largest retailers plan to take collective action to break the stranglehold of landlords who set punitive lease terms. The Property Managers Association is to hold a conference in the autumn to agree a strategy to resist so-called institutional leases.

A group of the largest retailers plan to take collective action to break the stranglehold of landlords who set punitive lease terms. The Property Managers Association is to hold a conference in the autumn to agree a strategy to resist so-called institutional leases.