The restaurant property market in 2012 was full of subtle and not-so-subtle contradictions. The demand for quality sites in such prime international locations as London was as strong as ever, but many foodservice operators felt some pain over the past year and asked their landlords for reductions in rent. The divergence in market conditions was equally as strong in the freehold-investment and owner-occupied markets. Perhaps the most challenging aspect of the market throughout 2012 was ...

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