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Rents, Returns and Turnover in the Age of Online Retail

Published on 18 October 2019. By Ben Taverner, Associate

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News has surfaced recently that H&M has approached some of its landlords with a view to agreeing bespoke turnover rent arrangements for new leases and for lease renewals. The arrangements take the form of "total occupational deals" as they propose offering landlords a single sum as a proportion of turnover for each store to cover service charge, rent and business rates.

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