Are landlords getting a raw deal from CVAs?
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The Retail Week: Are landlords getting a raw deal from CVAs?
Today we hear whether Homebase’s CVA will be approved. Landlords affected by CVAs have wanted to contend or even block the process. The team discuss whether landlords are being unfairly penalised and if they are right to kick up a fuss.
Homebase has been given the green light to shut 42 of its stores after its CVA plan was approved by creditors.
One fifth of shopping centre floorspace being let by the four biggest real estate investment trusts is to retailers in administration or with shrinking sales, according to new analysis by UBS.