JJB Sports is likely to achieve its second company voluntary arrangement (CVA) next week, after one of its biggest landlords, Peel Holdings, came out in support of the rescue package and urged landlords to save the retailer. Property Week understands that JJB will now receive enough votes to ensure its future. Some larger landlords are still expected to vote against the proposed rescue package on principle, but most private landlords and managers of debt-backed vehicles are likely to support the proposals because of concerns about having to relet vacant units if the retailer goes into administration.
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