Prudential Property Investment Managers (PPIM) has hit back at Dixons’ complaints about British landlords
PPIM said most shop owners were not concerned about leases that did not allow rent to fall when up for review.
Dixons threatened on Tuesday to invest more in overseas shops and freehold sites as it entered the debate on whether the government should legislate to ban upward-only rent clauses in leases.
References: The Daily Telegraph 04/11/04 page 35
