Monday, February 2, 2015

Eviction threatens countless buildings V & D – Financieele Dagblad (Registration)

Eviction threatens countless buildings V & D – Financieele Dagblad (Registration)

More owners of V & D premises drive on clearance, as V & D does not meet its lease obligations. Property Administrator IEF, which has twelve own premises was previously announced that it tightens Tuesday a lawsuit against V & D owner Sun Capital, but now threaten more parties to take legal action. According to a survey of the FD. Wendela Raas, real estate lawyer at Boekel De Nerée, let them know four assists landlords who have more than ten buildings owned, leased by V & D. In its submission to the properties by “stronger locations. ‘ Raas states that all parties they represent seriously consider to also go to court and to terminate the lease

V &. D let all owners of properties it leases last week managed to pay the next four months rent. In an attempt to avoid bankruptcy, then the company wants to hire a structural reduction of 10% to 7% of sales. Legally, that V & amp; D not unilaterally adjust the rent and for that reason many property owners run against the plans of V & amp; D hope. Smaller real estate players are not going to abide by the V & amp; D imposed rent reductions. Maré Elizen of Elizen Realty, which owns the offices in Apeldoorn and Deventer, for example, shows that he V & D has been declared in default. He is not afraid of vacancy: H & amp; M is in Deventer too tight and has already shown interest. Apeldoorn is not a historic building like in Deventer, but we can also redevelop.

Q & amp ; D will ‘build bridges’

Lawyer Raas says: “Typically, it is true that if a tenant three months does not pay the rent this such a breach is that the lease can be terminated and the tenant can be evicted. In this case, the V & D announced four months not to pay the rent. They have already missed the quarterly payment in some cases. So there is a good chance that the judge in the IEF tied. “

For the owners of the 15 to 20 largest V & ; D buildings will not be a problem as V & D is lost as tenant, they expect to market researcher Locatus. They might even be able to increase the rent, because V & amp; D now pays a very low meter price. For the owners of buildings in medium-sized cities will be a lot harder to find new tenants. Since its owners good locations are convinced that they can quickly find new tenants for their properties, composed by the method of V & amp; D now the danger that it loses the right locations and left with the less attractive locations

.

Real Estate Consultant Cushman & amp; Wakefield is organizing an information session on Tuesday for all owners of V & D buildings. Representatives of Sun and V & D will be there, let spokesperson Ingrid Wallisch. She emphasizes that there is no negotiation at the meeting. “We want to use our expertise to think with all interested parties to see what is possible with the formula in the Dutch retail structure. It is primarily an attempt to build bridges. “

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