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Aldi and Norwich Union in dispute over rent review

Aldi Stores has issued proceedings against Norwich Union Life & Pensions, the landlord of retail premises rented by Aldi in St Georges Retail Park, Leicester, in a dispute over rent review proposals.

Norwich Union has proposed a review figure of £234,000, but Aldi has refused to agree to this, proposing an alternative figure of £133,600 for the period from March 2000 to March 2005.

The claim was issued by Hammond Suddards Edge.

PLS News 19/12/01

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