By M&C Report team2012-09-10T14:36:00+01:00
Travel hub operator SSP has simplified its menus by up to 50-60% during the pandemic, which could result in smaller menus remaining post-covid, according to an analysts’ note by Peel Hunt.
Hard-lined landlords refusing to “play ball” in rent negotiations will be remembered by the industry going forward, MCA’s The Conversation has heard.
Wildwood operator Tasty has achieved rent reductions and lease concessions on more than half of its estate, two months after it announced it was exploring a potential company voluntary arrangement (CVA).
Land Securities has updated on its December quarter rent collection, with £35m outstanding.
British Land has so far collected 46% of due December rents in its retail division, with just 32% of its stores able to trade in some way through the latest lockdown.
Manchester’s the Trafford Centre has been taken over by Canada Pension Plan Investment Board (CPPIB), the country’s biggest pension fund, after previous owner Intu failed to find a buyer.
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