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Percentage lease agreement as a shopping center management tool: a panacea for Singapore’s retail industry woes?

Addae‐Dapaah, K; Yeo, C; (1999) Percentage lease agreement as a shopping center management tool: a panacea for Singapore’s retail industry woes? Property Management , 17 (1) pp. 24-36. 10.1108/02637479910370679.

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Abstract

The retail industry of Singapore has been in a depression since 1993, as a result of structural problems which are a function of, among other things, over‐supply of retail space vis‐à‐vis retail performance, and rising rentals. This paper argues that percentage lease agreements (also called “turnover rents”), by fostering partnerships between landlords and tenants, could be a viable shopping center management tool for salvaging the retail industry of Singapore.

Type: Article
Title: Percentage lease agreement as a shopping center management tool: a panacea for Singapore’s retail industry woes?
DOI: 10.1108/02637479910370679
Publisher version: http://dx.doi.org/10.1108/02637479910370679
Language: English
Additional information: Copyright © MCB University Press.
Keywords: Landlord, Leases, Management, Shopping centres, Singapore, Tenants
UCL classification: UCL > School of BEAMS
UCL > School of BEAMS > Faculty of the Built Environment
UCL > School of BEAMS > Faculty of the Built Environment > Bartlett School > Bartlett School of Planning
URI: http://discovery.ucl.ac.uk/id/eprint/1530149
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