Retail space glut favours rent deals

February 2006
Cabinet Maker;2/3/2006, Issue 5474, p5
Trade Publication
The article reports that retailers have been put in a strong position to negotiate on property agents' hated upward only rent reviews due to a glut of vacant retail plots. A research has disclosed that demand for store space fell towards the end of 2005 while the number of new shopping developments in construction rose. Retail rental experts predicted that the amount of floorspace under construction is expected to likewise favor retailers.


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