Industrial Tenants Rent Advice – Rent Restructuring
Industrial Market Upheaval
As a result of troubled credit markets, rising commodity prices and weakening demand, the UK economy will grow at its weakest pace since the recession of the early 1990s. The Confederation of British Industry has downgraded its outlook for the UK, lowering forecasted 2009 GDP growth to 1.7pc.
The effect upon sales has been startling. Manufacturers have been forced to decrease output. In turn suppliers and component manufacturers have seen a sharp fall in orders and are facing difficult times, leading to many simply going out of business. The consumer has been belt tightening with a particular effect upon retail suppliers. Consequently rents have fallen by 15%, and 25% of value has been wiped off industrial assets. No supplier or manufacturer can afford to ignore the opportunity that Rent RE^FORM can provide; to obtain a significant reduction in rent.
industrial Rent reformulation lease restructuring
At Rent RE^FORM we specialise in rental re-formulation and lease restructuring. Our highly skilled team have a proven track record in mediating on behalf of tenants with a genuine need for improved lease terms. Our team has an understanding of landlord and tenant issues and seek to benefit all parties by avoiding tenants facing financial crises and landlords, empty voids. We demonstrate genuine needs for tenants to improve their terms during this period of economic uncertainty and present a compelling case to landlords on behalf of those tenants.
Rent RE^FORM have a unique proven formula that can genuinely help your business.
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"As suppliers of components to some of the major car manufacturers we have suffered from a large fall in orderd, whilst our overheads have stayed the same. Rent RE^FORM helped us restructure our lease on our workshop which we hope will help us survive in a time that we expect our sales to fall even more."
Motor supplies Midlands
