11.1 C
Paris
24th May 2022

Retail property sector in trouble

Retail property sector in trouble

The retail property sector in Europe is seeing a fierce competition , After the government imposed lockdown. supermarkets are refusing to pay rents to Landlord and property companies,   most retails have all their stored closed but they will still have to pay rent, many of them who are  already with financial difficulties are  to appointing an  administrators,   retail landlords should have collected 1.4 billion euros in Europe. where some other companies could only collect only 30% of the rent.

Related posts

Montgomery Group partners with Pakistan Britain Business Council 

ISN Magazine

THOUSANDS OF ASDA WORKERS VOTE ON STRIKE ACTION AS COST OF LIVING CRISIS DEEPENS 

ISN Magazine

ALDI SET TO DONATE UP TO 400,000 MEALS TO CHARITIES OVER EASTER SCHOOL HOLIDAYS

ISN Magazine

Vitalite updates packaging with plant-based messaging

ISN Magazine