Quote:
Originally Posted by F6 Concorde
You raise a valid point. These shopping centre conglomerates have a lot to answer for as to why retail trading is going down the drain. The rediculous rents and leases charged are a big contributor to retail costs. If you own a hairdresser shop, you have to do a lot of haircuts to cover a $2500-$5000 a month lease/rent bill!
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And Westfield is actually on the cheaper side. That being said though if the rent wasn't worth it retailers wouldn't pay it would they.