Billboard Operators: Be Careful About Land Lease Increases (Billboard Insider)
Insider sees lots of out of home land leases with fixed minimum rent increases of 2-5%/year. These leases are a bad deal for out of home companies because land rent increases faster than inflation and industry revenue growth. Inflation averaged 2.2%/year for the past 17 years. […]
billboardinsider.com
Fri, Jan 12, 2018 at 7:35 AM
Fri, Jan 12, 2018 at 7:35 AM