Apportionment of the service charge in shopping centres
Abstract
Introduction The advent of the shopping centre created the need to develop more sophisticated techniques in order to apportion the service charge invariably reserved under the lease. Unlike the occupants of residential flats or office suites, individual retailers do not necessarily derive equal benefit from the services provided. For example, a jeweller's shop will derive more benefit from the security measures, than a green‐grocer's, whilst insurance apportionments are clouded by the inter‐effect of the use of one unit of accommodation upon another.1 Another complicating factor is that whilst it is the retailers that cover the cost of the services, many of the services are provided for the benefit of their customers.
Citation
Cotmore, W. (1985), "Apportionment of the service charge in shopping centres", Property Management, Vol. 3 No. 1, pp. 15-24. https://doi.org/10.1108/eb006588
Publisher
:MCB UP Ltd
Copyright © 1985, MCB UP Limited