Titan asks landlords for cuts in rent

by Juliette Garside Media Week 12-Sep-06, 10:03

Titan Outdoor has approached its 4,000 poster site landlords asking for significant rent reductions, citing cashflow pressures.

One letter, sent in August and signed by managing directors Andy Moug and Alison Reay, asks for a 20% reduction. Another, sent in July, asks for a cash reduction 60%...

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