Can landlords and tenants genuinely work together in a way that will benefit them both? Or will it just end in tears? Join our free webinar on Tuesday, June 8th, 1pm to 2pm BST, to hear industry experts debate the future of the turnover-based lease model.
Turnover-based rents are growing in popularity, which is not surprising given the current challenging climate for retail. At their best, turnover rents encourage owner and tenant collaboration as they mean that both parties have a vested interest in ensuring the success of a business operating from a property. At worst, they create added animosity as one party tries to benefit at the expense of another.
Turnover-based leases can cultivate stronger long-term relationships via sharing of both the pain of poor performance, or the bonus of better than expected performance. There are, however, significant challenges with this model as owners and tenants struggle to agree how to make this a win/win approach.
On Tuesday, June 8th PM+U is bringing together a panel of industry experts in a webinar to debate the best way forward. We ask questions such as:
• Do turnover rents really result in a sharing of the pain/benefits?
• Are retailers willing to share turnover data?
• What obstacles prevent agreement on turnover definitions?
• Can a Turnover code work for the industry?
Y O U R P A N E L
Managing Director at
PM+U Property Management
Property Director at
Owner, Insite Asset Management Partner
Head of Retail Valuation - Director
Webinar: The future of the turnover-based lease model
Date: Tuesday, 8th June, 2021
Time: 1pm – 2pm, BST