Mall landlords forced to cut rents by 14% as major retailers play hardball - Moneyweb
6/19/2022 12:00:00 AM3 years 8 months ago
by https://www.facebook.com/Moneyweb/
by https://www.facebook.com/Moneyweb/
One of the country’s biggest tenants, TFG, is paying rents last seen pre-Covid …
The Foschini Group, or TFG Limited, has managed to extract an average cut in rental costs on its lease renewals over the past year of 14%. It is the only major retailer to disclose specifics regardi… [+4112 chars]
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