Retailers urge landlords for discounts to counter Covid-19
- 4 years ago
Shopping mall and shophouse owners have been urged to give their tenants rental rebates from 30% to 50% for the next six months to help them ride out the effects of the Covid-19 coronavirus outbreak.
The Malaysia Retailers Association, Malaysia Retail Chain Association, Bumiputra Retailers Organisation, Asean Retail-Chains & Franchise Federation and Branding Association of Malaysia said this is similar to what the shopping malls and landlords have done for their tenants in Hong Kong and Singapore.
The Malaysia Retailers Association, Malaysia Retail Chain Association, Bumiputra Retailers Organisation, Asean Retail-Chains & Franchise Federation and Branding Association of Malaysia said this is similar to what the shopping malls and landlords have done for their tenants in Hong Kong and Singapore.