| 6.8°C Dublin

Close

Premium


Rapid evolution of turnover rents has picked up pace during pandemic

Paul McNeive


Close

Strong tenants like TK Maxx can force turnover rent deals from shopping centre owners

Strong tenants like TK Maxx can force turnover rent deals from shopping centre owners

Strong tenants like TK Maxx can force turnover rent deals from shopping centre owners

Many retailers have taken a hammering during the pandemic and the return to normality is seeing the acceleration of a shift to turnover rents.

Turnover rents, where the rent paid is based on a proportion of turnover, were first seen here 10 years ago, as the country emerged from recession.


Most Watched





Privacy