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Shops caught in tourist trap

Series: Financial Times ; 22 September 2000, 34(1)Publication details: 2000Subject(s): Summary: Considers latest research by Donaldsons, which suggests London retailers are facing rent increases of 40%, even though UK retail properties produced total returns less than half of commercial or industrial properties in the last six months. Donaldsons blames the current tourist boom and leisure industry for pushing up rents.

Considers latest research by Donaldsons, which suggests London retailers are facing rent increases of 40%, even though UK retail properties produced total returns less than half of commercial or industrial properties in the last six months. Donaldsons blames the current tourist boom and leisure industry for pushing up rents.