Coronavirus: Primark withholds quarterly rent to force negotiations with landlords
// Primark withholding quarterly rent payments on 110 leasehold properties in the UK
// It did this to prompt ”urgent” conversations with landlords over ongoing rental terms
// Primark is asking landlords to support their lease agreements to mitigate the impact of coronavirusPrimark has withheld its quarterly rent in a bid to force landlords to consider revising terms urgently as the coronavirus pandemic decimates the fashion retailer’s trading.
The move pertains to 110 of the
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