Tag Archive: westfield

Retail landlords urged to ease costs

Posted on September 15, 2013 by | 0 Comments
Pressure is mounting on retail landlords to lower costs for tenants, not just in rent but also marketing, maintenance and upkeep of general pedestrian areas as more shopkeepers buckle under the weight of poor sales. Bernie Brookes, the head of Myer, which anchors close to 90 per cent of all major shopping centres across the country, warned of tough times ahead, singling out high wages, rents, taxes and utility costs, on top of flat sales....

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