Stillorgan Shopping Centre Businesses Withhold Rent Due to Parking Fees Impact

Some retailers in the Stillorgan Village shopping center in Ireland are withholding rent from the US owner Kennedy Wilson due to a drop in business caused by the introduction of parking fees in November. At least five businesses are withholding rent, with a delegation of businesses meeting the owners to express their frustrations. The car parks are operated by Euro Car Parks Ireland and charge €1.20 an hour. Businesses have seen a significant drop in activity, with some experiencing a 20% increase in operating costs.