AEW UK REIT has announced the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent.
TheBusinessDesk.com understands the two companies are Shirebrook-based Sports Direct and Mecca.
The court ruled in the company’s favour and ordered that rent due for the periods claimed must be paid.
The total amount to be recovered is £602,489. In addition, the AEW says it will be writing to the tenants to claim the outstanding rent arrears that have fallen due for payment since the claims were issued and are “confident” of further recovery given the outcome of its successful application to the court.
AEW says it will also look to recover its legal fees incurred in the
link source - The Business Desk