Click and capture? - harnessing multi-channel retail sales for turnover rent calculations
Language: English Series: Hogan Lovells Real Estate Quarterly ; Summer Issue, 12-13(2)Publication details: 2012Subject(s): Online resources: Summary: Looks at how turnover leases can be "future-proofed" in an evolving market and how to use multi-channel retail sales for calculating turnover rent. Outlines the concept of turnover leases and reviews current definitions of gross turnover. Describes best practice between landlords and tenants in negotiating leases. For some retail premises such as flagship stores on the leading shopping streets, turnover rents are just not suitable. The value of such stores lies in their marketing and brand visibility rather than sales from the stores themselves.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 157317-2001 |
Looks at how turnover leases can be "future-proofed" in an evolving market and how to use multi-channel retail sales for calculating turnover rent. Outlines the concept of turnover leases and reviews current definitions of gross turnover. Describes best practice between landlords and tenants in negotiating leases. For some retail premises such as flagship stores on the leading shopping streets, turnover rents are just not suitable. The value of such stores lies in their marketing and brand visibility rather than sales from the stores themselves.