Retail woes extending beyond the property sector and into financial markets
Some commentators had anticipated that persisting retail sector challenges might disrupt more than the make-up of the high street or commercial property negotiations between landlords and tenants.
Some commentators that persisting retail sector challenges might disrupt more than the make-up of the high street or commercial property negotiations between landlords and tenants.
The suspension of the M&G property fund on Wednesday provided the clearest sign of property market concerns affecting the wider financial markets. The 拢2.5 billion fund has already shrunk approximately 拢1 billion this year and the suspension comes following difficulties in selling properties quickly enough to meet investors鈥 demands to access their money. The fund Brexit uncertainty and refers to decreasing performance in the retail sector, stating that 鈥渢he value of certain retail properties has declined as retailers continue to adjust their business models in response to changing shopping habits and rising costs.鈥
This has from Gina Miller regarding the FCA鈥檚 role in protecting investors following the recent collapse of Woodford Investment Management; this is a topic in itself. Commentators and fund managers are also that most investors will understand that property is more illiquid than most investments, and numerous funds are more varied; the M&G fund is particularly exposed with retail property comprising up to 36.4% of its assets.
This development does, however, provide a useful reminder of the factors which affect the bottom line of each party to a property negotiation. It鈥檚 not just about landlords and tenants, but also investors and consumers.
Contact
Mark Hickson
Head of Business Development
onlineteaminbox@brownejacobson.com
+44 (0)370 270 6000
Related expertise
You may be interested in...
澳门六合彩资料
ASA bans 鈥渕isleading鈥 Huel and ZOE ads endorsed by Dragon鈥檚 Den Star
Opinion
Choose your words wisely: Balancing inclusivity and employees鈥 beliefs at work
Guide
Guidance for manufacturers of EVs and HEVs in the UK: ASA's non-exhaustive electric vehicle advertising guidance
澳门六合彩资料
(Deep)fake it till you make it? The ASA's role in regulating false celebrity endorsements
Press Release
澳门六合彩资料 strengthens Irish Corporate team with appointment of Principal Associate James Byrne
澳门六合彩资料
The benefits of good governance in sport
Press Release
澳门六合彩资料 to lead discussions on the future of real estate and infrastructure at this year鈥檚 UKREiiF 2024 event
Press Release
澳门六合彩资料 acquires business of real estate practitioner Paul Taylor Solicitors
澳门六合彩资料
The Baltimore bridge collapse: One of the biggest losses in maritime insurance history?
澳门六合彩资料
Understanding the ICO's new fining guidance
澳门六合彩资料
Unravelling the challenges and opportunities in UK sports governance
澳门六合彩资料
ASA ruling on Calvin Klein FKA Twigs advertisement
Press Release
澳门六合彩资料 successful for National Lottery in Court of Appeal
Opinion
Caregivers at work: Navigating new carer's leave regulations
Opinion
EHRC publishes new guidance on menopause and the workplace
Opinion
BBC personality wins appeal on IR35 status
澳门六合彩资料
Covid BI litigation (Autumn 2023): Insurance coverage disputes update
澳门六合彩资料
COP28 - how to limit and prepare for future climate change
Press Release
澳门六合彩资料 advise Maven Equity Finance on investment in Traverse Associates
Press Release
Three strong restructuring and insolvency team join 澳门六合彩资料
Podcast
The real estate podcast: How AI and tech is changing real estate
澳门六合彩资料
How to negotiate better 鈥榞reen鈥 provisions in your leases
Opinion
The Metaverse's influence on real estate: Implications for commercial retail clients and law firms
Guide
How to manage retail sector supply contracts and avoid disputes
澳门六合彩资料
Utilising prime retail sites to improve the health of our nation
澳门六合彩资料
A new era of opportunity for high street regeneration?
Opinion
Practical points from High Court ruling that Tesco has infringed Lidl鈥檚 IP rights in its famous yellow circle logo
Press Release
Corporate dealmakers advise Sodexo Live! on its move to 100% stake in global sports, travel and hospitality provider STH
澳门六合彩资料
Pitfalls for retailers to avoid when offering access to 鈥榖uy now, pay later鈥 products
Press Release
澳门六合彩资料鈥檚 Manchester dealmakers advise Spatial Global on its acquisition of Heathrow based freight specialist Hollyport Logistics
Opinion
Supreme court rules on retail tenant's service charge bill
Published Article - Consumer Duty
Consumer duty part 3 - 'The drill-down' into the 'cross-cutting' rules
On-Demand
The UK's green agenda - the outcomes of COP27 and actions since COP26
Press Release
澳门六合彩资料鈥檚 retail lawyers advise Wilko on its strategic 拢48m sale and leaseback of Nottinghamshire distribution centre to DHL
Press Release
Suzanne Harlow joins 澳门六合彩资料 as Non-Executive Director
Law firm 澳门六合彩资料 is pleased to announce that Suzanne Harlow has been appointed Non-Executive Director of its Retail, Consumer & Logistics sector.
澳门六合彩资料
Fashion retailers: Is this the end for free returns?
Published Article
AI generated designs on retail products
Every AI will have its own terms of use. DALL路E 2鈥檚 Terms of Use dated 3 November 2022 specify that as between a user and Open AI, a user owns their prompts and uploads. Open AI also assigns to the user all rights in any images generated by DALL路E 2 for that user (subject to the user complying with those Terms of Use, and to a licence to use inputs and output to develop and improve the services).
Published Article - Consumer Duty
Consumer duty part 2 - 'The drill-down' into the 'cross-cutting' rules
Published Article
Luxury brands and sustainability: The challenges and solutions
澳门六合彩资料
The Retained EU Law
Created at the end of the Brexit transition period, Retained EU Law is a category of domestic law that consists of EU-derived legislation retained in our domestic legal framework by the European Union (Withdrawal) Act 2018. This was never intended to be a permanent arrangement as parliament promised to deal with retained EU law through the Retained EU Law (Revocation and Reform) Bill (the 鈥淏ill鈥).