Landlords offer larger rent reductions as government signals that lockdown will ease over time
Retail-tenant assistance and relief guidelines exclude office, logistics, warehousing, industrial, health care, hospitality and other tenants
28 April 2020 - 19:21
Property industry association PI Group, which is aimed at providing payment relief for companies, has extended its assistance for retail tenants to small to medium-sized entities operating outside shopping malls.
The PI Group launched an initial guideline for assistance and relief for retail tenants on April 7 2020 and, in response to the extended lockdown, it has now announced new guidelines to offer greater relief to all affected retailers, especially the hardest-hit small, medium and micro-retailers...
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