Next votes firmly in favour of turnover rents
Next plc have made no secret of their preferred lease structure by publishing the breakdown of their renewals in the recently published financial statement for the year ending January 2021.
Total Turnover Solutions, a new asset management consultancy launched by Realm and Eccleston Capital, is aimed at implementing revenue responsive management strategies within the UK property sector.
We utilise a platform which enables the collection, analysis and application of turnover data.
We provide precision, analysis and a deep understanding of retail and leisure.
“The Turnover Rent model has proven itself to be a gateway to a far more effective breed of asset management”
Helping retail turn over a new leaf
Turnover-based rents will be "vital for retailers to survive." Property Week talked to us during our launch to discuss the need for change and drill into our experience in implementing the rental model. You can read the transcript of the interview and other coverage on our Media page.
Follow us on Linkedin
As we seek to raise awareness and dispell myths regarding turnover leases and rental models please follow us on Linkedin for the latest comments and sharing of opinions.
Read our Blog
Part of our mission is to help landlords and property owners realise that turnover leases are not paper based solutions. They need data and a different operational model, much like other industries and sports which have been successful in implementing Big Data.
See us Speak
Click the image above to see a recording of our Turnover Leases - Practical & Legal Considerations live webinar - 16 March 2021
