Apple asks UK retail landlords to cut rent by 50% and offer a ‘rent-free period’ due to COVID-19
Sunday, 2 August 2020 ()
Apple is reportedly asking its retail store landlords in the UK to slash its rent by as much as 50%, according to a new report from The Sunday Times. If landlords agree to cut the rent and offer a “rent-free period,”, Apple is allegedly prepared to extend its leases by several years.
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