Client: National Plc travel agent
Property: Over 1,300 UK retail branches
Deal: Lease restructures, rent reductions and rent free periods
Result: Over £10 million in rent savings
Client: National clothing retailer
Property: Over 100 shops in high street and shopping centre locations
Deal: Commercial Portfolio Review. Restructure of 50% of portfolio to include rent reductions and lease surrenders
Result: Substantial improvement in portfolio performance, down size to core performing stores, £1 million plus in cash savings
Client: National shopping centre retailer
Property: 115 down to 80 stores trading in administration
Deal: Renegotiated terms on 85% of remaining operational portfolio. Agreed terms to trade from 0-25% of existing rent for 18 months whilst business was being restructured
Result: £millions in rent savings for duration of restructure