Analysis: Retail rents – how low can you go?
The wave of CVA activity this year has seen retailers begin to demand comparative rent cuts from landlords. Retail Week analyses whether rents will come down across the board.
As summer turns to autumn, and the retail sector begins to look ahead to the long final stretch of the year leading to the golden quarter, the spate of retail CVA and administration activity earlier this year appears to have tapered off.
However, landlords are still reeling from the effects of these CVAs as a wave of healthy retailers demand commensurate rent reductions.
Retailers such as Next, Primark, H&M, Clarks and River Island are among those that have pushed landlords for rent cuts in line with some of their rivals who have undergone CVAs.
Already have an account? Sign in here