
Apple UK has allegedly asked UK landlords for substantial rent cuts. In an environment where the value of retail space is a fraction of what it was 6 months ago, should we be surprised if retailers are looking for significant rent cuts?

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Apple UK has allegedly asked UK landlords for substantial rent cuts. In an environment where the value of retail space is a fraction of what it was 6 months ago, should we be surprised if retailers are looking for significant rent cuts?