Landlords eye taking cut of retailers’ online sales as rent

Landlords are familiar with percentage rent — taking a portion of retail tenants’ in-store sales — but now, some are thinking of bringing online sales into the mix. As shopping habits shift towards the digital, some property owners think demanding a portion of online sales is not only fair but might be necessary. However, with little precedent set, it may be difficult, according to the Wall Street Journal. The increased interest comes as Covid causes

source https://therealdeal.com/2020/09/30/landlords-eye-taking-cut-of-retailers-online-sales-as-rent/