New Look CVA “fails to meet best practice standards” BPF says

// British Property Federation slams New Look’s CVA over inaccuracies
// New Look is hoping landlords’ approval of the proposal will secure funding from its lendersThe British Property Federation has criticised New Look for inaccuracies in its CVA proposal, which will move the majority of its UK stores’ rent to a turnover basis to reflect the current market environment.
The membership organisation refuted the retailer’s case that its CVA proposal reflects its views on bes