With the balance of power shifting away from landlords, better deals for retailers are undoubtedly beginning to emerge. Flexibility from landlords, according to B&Q property director terry hartwell, is a luxury that exists when, like now, there is plenty of space to go around.Kids cognitive learning he said: “where space is plentiful, responsible landlords will listen to tenants. The problem is when you have a very competitive market where everyone’s outbidding each other.”

kids cognitive learning

As land securities commercial director ronan faherty remarked, although the average length of a lease is now 7.2 years, that is not the length of time retailers actually intend to occupy the property.Kids cognitive learning he said: “I can understand the requirement for flexibility, but I honestly don’t think a retailer taking a property thinks that they will be out in five years.Kids cognitive learning the big challenge is finding a good balance for our investment. If you’re a long-term investor, you have to look at where the growth is going to come from.”

kids cognitive learning

“we have a responsibility as a landlord and we don’t want any of our tenants to go bust,” he said. “if we can help each other in terms of leases, that should speed up the process for everyone.” he stressed that the company is willing to help those retailers struggling in its schemes if they need to get out.Kids cognitive learning “it’s not in our interest to populate our developments with people who don’t want to be there.”

“there are some very good landlords and some very bad ones,” said matalan property director jonathan spaven, adding that it isn’t just about landlords.Kids cognitive learning “the problem is with landlord’s representatives. There are some very proactive landlords, but between any tenant and landlord, there’s quite often a management company that might not be coming from the same direction.Kids cognitive learning landlords need to tell their managing agents what they need from their tenants.”

“the reason we took dixons off the high street is because we had a business that was accounting for less than 10 per cent of our revenue,” explained feltham.Kids cognitive learning “if I was a landlord, I would be concerned by dsgi’s future in terms of stores. Our business is now 12.5 per cent over the internet and we will take our business forward in any way.” the rise of internet retailing serves as yet another warning to landlords that retailers are increasingly calling the shots.Kids cognitive learning

Baguley reiterated the need for sainsbury’s to retain control of its estate through freehold ownership, explaining how much more difficult store extensions and refurbishments become when a landlord’s consent is needed.Kids cognitive learning he added, however, that the retailer is keen to enter into more property joint ventures, such as the deal it has done with land securities to exploit opportunities presented by new and existing sites more fully.Kids cognitive learning

With 35 million to 40 million sq ft (3.3 million to 3.7 million sq m) of retail space coming in the form of new developments over the next two to three years, there is a risk, he warned, of bringing far too much retail offering onto the market than there are consumers with money to spend.Kids cognitive learning this is particularly true in less affluent areas, and he listed a host of smaller towns in the northwest where new centres are opening in the coming years.Kids cognitive learning