Bh2 and Dolphin Centre seek new contractors to work with
TWO shopping centres are inviting businesses to submit for a cleaning and security contract with them.
Source: bournemouthecho.co.uk
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To Revive a Dying Main Street, One British Landlord Offered Free Rent
In a coastal English town, a floundering shopping district was given new life after 10 local businesses were given free rent for two years.
Source: nytimes.com
The Great Retail Reset
On London’s crumbling high streets, two massive real-estate investors are banking on opposing strategies.
Source: institutionalinvestor.com
Some UK Shops Are Not Paying Rent Under New Recovery Plan
Universal Images Group via Getty Images Asset firm Legal & General has suspended rent for 10 businesses for two years, the NYT reports. Rent pauses are designed to help retailers recover from the pandemic that caused many to shut. Local leaders and businesses are using vacant shop space for new learning centers and art studios. A major UK landlord has suspended rent payments for some retail outlets in a coastal British town to support their post-pandemic recovery, The New York Times reported. Giant asset management firm Legal & General Investment Manageme...
Source: businessinsider.com