Landlords / sain14 Jan 2019 08:25
You can't be serious It would cost DEBS a fortune to extricate themselves from leases on 50% of their stores unless they do it under a CVA umbrella
What do you think landlords are going to do surrender the leases without a substantial premium ?
I don't think many posters know just how many landlords there are, If debs had 1-3 landlords controlling all their stores then it could be a harder task, but there could be 10 - 20 landlords in total and I would have thought many of them would welcome some rent reduction than an empty shop.
As debs have already said they are in talks with landlords and NOT threats that could yeild results and that must be better even though it might take a little longer.Too many posters have alredt written debs off, and I think that too soon.