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Creditors to vote this week on Debenhams’ CVA which proposes slashing store rents by 50%

Colliers warns the UK retailer crisis is exacerbated by an out-of-step business rates regime
By James Wallace
May 7, 2019 | 8:48 AM

Debenhams has proposed small landlords and councils accept up to 50% rental cuts across the part of its property portfolio which survives the axe, as part of a brutal restructuring in its company voluntary arrangement (CVA).

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  • Properties