Landlords fear abuse of examinership process

Property Industry Ireland is concerned that tenants may use opportunity to attempt to reduce rents, writes Donal Buckley.

Landlords with retail tenants have become increasingly concerned at possible abuses of the examinership process by some retailers who are using this court process to reduce their rents or walk away from leases in stores which are not achieving their business targets.

One estate agent claims that a few of the examinerships that have taken place have been a cynical exercise whereby some companies are using transfer pricing in order to depict a ...