Boylesports seeks large rent reductions from landlords

Irish bookmaker Boylesports is seeking substantial rent reductions across its 180 stores as it seeks to rein in boomtime property deals.

Ian Kehoe - avatar

Ian Kehoe

27th April, 2013
Boylesports hopes to get rent reductions.

Irish bookmaker Boylesports is seeking substantial rent reductions across its 180 stores as it seeks to rein in boomtime property deals.

The bookie, controlled by businessman John Boyle, is agreeing to sign up to longer-term rental deals if its landlords agree to cut rents.

The company is examining its entire property portfolio and has a finance team prioritising the issue, according to Michael Bent, Boylesport's head of finance.

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