Trade and balance of the lease

Nedvizhimost09-12-2008 Trade and lease the balance of the fall of retailers offered to owners of shopping centers to reduce rents by 30-50%, referring to the harsh conditions of the global financial crisis. Currently, the Russian Council of Shopping Centers (RSTTS) calls for compromise and dialogue. Stronger bargaining position occupied by all the same retailers. Retailers in the global financial crisis require shopping center owners to reduce rents by 30-50%, or provide a transition to a percent of sales, according to a report of operational consulting company Cushman & Wakefield Stiles & Riabokobylko. "Retailers need to reduce rents by 30-50%, or provide a transition to a percent of sales. Developers, in turn, seek to cover the costs of construction and to fulfill loan obligations "- describes the situation in the real estate market analysts, whose words are quoted by RIA Novosti. Moreover, they add, drop in rental rates is inevitable: "advantageous to receive a minimum income, than to remain with nothing."