Retail Real Estate Floats New Business Models

Real estate trends for retailers are back in the news this week, as the pandemic-driven brick-and-mortar market starts to produce new business models and a fair amount of stability. The new business model involves leasing options for the retail sector. Example: One of the U.K.’s biggest retail landlords is moving away from a traditional lease structure to give tenants leasing options based on in-store revenue. Says New York real estate trade publication The Real Deal: “It’s one of the most significant reevaluations of the relationship between landlord and tenant and is likely to be watched closely by property owners across the pond.”