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Solly Lew’s fresh nightmare for landlords

Premier Investments' push for a new post-COVID rent model is bad news for landlords already under severe pressure.

As Australia’s biggest retail tenant, the influence the actions of Premier Investments chairman and major shareholder Solomon Lew can have on the nation’s malls is hard to overestimate.

Which is why landlords across the country will be terrified at Lew’s latest announcement on Premier’s approach to paying rent in this pandemic crisis.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/solly-lews-fresh-nightmare-for-landlords-20200512-p54s5p