Landlords like tenants with multiple formats, it makes for efficient leasing. The photo from Armidale says it all. Supanews on the left and Angus and Robertson on the right. They look like two businesses but are from the one corporate family. I’d expect them to be on the one lease and a good deal.
The competition challenge for independent newsagents in any shopping centre is considerable. I’d expect to see more joint tenancy arrangements such as this in the future.