The ICSC Blog

April 11, 2011
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Limiting Liability: Landlords and Tenants Work Together to Create Safer Shopping Centers

By María Bird Picó Declining sales and property values and a generally sour economy offered developers little scope for revenue growth at the end of 2009. But U.S. landlord Developers Diversified Realty saw one area, at least, where it could cut costs: liability insurance. “We began asking ourselves how we could reduce costs, seeing it…