View from a battlefield “We need to find smarter schemes that reward owners”
“Landowners will have to change their business model, which has been based on triple net for years. Current lease terms range from 10 to 12 year in several European countries. This strangles fresh tenant rotation. There are sometimes some specialty leases: these very short contracts are a first step towards taking on a retail lease, but their ‘effort’ rate is up to 25%.