One Month to Rent Negotiation Deadline, but No Progress as Emotional Rift between Homeplus and Store Owners Deepens The deadline for rent negotiations proposed by Homeplus and MBK Partners to real estate asset managers and developers is quickly approaching. Homeplus filed for corporate rehabilitation in early March, and about a month later, it sent official letters to asset management companies, construction companies, and others, requesting a reduction in rent for about 60 stores. Homeplus demanded a 35% rent reduction for assets held by public real estate funds and listed REITs, and a 50% rent reduction for assets held by private equity funds and private REITs. The negotiation deadline […]