• Mint
• 06 Mar, 2021

Retailers across product categories and restaurants continue to seek lower rentals as they look to curtail costs to ensure business activity reaches pre-covid levels over the next few months. “Rent corrections will have to stay for a while as business continues to be slightly depressed. The rent market pre-covid was over inflated and some degree of rationalization has come into the market. We are nowhere near or are ever going to sign the kind of properties we were signing at pre-covid rents...
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