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Commercial landlord successful in regaining rent arrears

AEW UK REIT as announced the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent. AEW UK REIT has announced the successful outcome of its legal action against two well-funded national tenants to recover unpaid rent. It is understood the two companies are Sports Direct and Mecca. The court ruled in the company’s favour and ordered that rent due for the periods claimed must be paid.

It is understood the two companies are

Landlord fined more than £50k

A property company and its sole director landlord have been convicted and ordered to pay more than £50,000 in fines and legal costs.

Francis Investments (East Anglia) Limited, based in Ipswich, and the company’s sole director and owner of the property, Ralph Bernard, were both convicted on 10 charges.

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