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Apple Demands Rent Cuts of Up to 50% for UK Stores Despite Record Sales in Lockdown

US Tech Giant Has Offered to Extend Leases in Return For Reductions, Sunday Times Reports
CoStar News
August 3, 2020 | 1:58 P.M.

Apple has asked landlords of its 38-store estate in the UK for rent reductions of up to 50% in return for extending the life of the leases by a few years, The Sunday Times reported yesterday.

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News | Apple Demands Rent Cuts of Up to 50% for UK Stores Despite Record Sales in Lockdown