Safari Investments says some tenants witholding April rent
The group is seeing delays to rental payments as a result of Covid-19, mostly from SA's largest retailers
09 April 2020 - 12:52
Safari Investments, which owns malls in towns and semi-urban areas, has said it is in close contact with tenants that have not yet paid their rent for April, mainly SA’s largest retailers with whom a relief package is being discussed.
Safari said some of its tenants have, in its view, mistakenly concluded they could legally withhold rent, and is working on a case-by-case basis to help tenants through the Covid-19 pandemic and lockdown...
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