You are here

Takashimaya in rent dispute with landlord Ngee Ann City

takashimaya1.jpg
Business associates for more than 22 years, the landlord of Ngee Ann City and its anchor tenant, department store Takashimaya, are tussling in a dispute over rent.

[SINGAPORE] Business associates for more than 22 years, the landlord of Ngee Ann City and its anchor tenant, department store Takashimaya, are tussling in a dispute over rent.

In a High Court hearing that started yesterday, Ngee Ann Development and Takashimaya are seeking to resolve a deadlock as they cannot agree on the interpretation of a 2014 agreement on how rental rate is to be valued.

Read the full story here.

sentifi.com

Market voices on:

Powered by GET.comGetCom