British Land criticises TGJones’ ‘unacceptable’ and ‘unfair’ restructuring proposals

TG Jones store

Commercial property group British Land has slammed TGJones’ restructuring proposals, labelling them “unacceptable” and “unfair”.

In a statement to Sky News, British Land called Modella’s restructuring plans “fundamentally unfair” and warned it would bring steep rent cuts on owners, even on profitable stores.

 

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