Landlords and large retailers locked in rental negotiations
Property funds and landlords have been locked in negotiations with large retail tenants to convince them to pay rent for the lockdown period, after TFG and Pepkor said they were within their legal rights to withhold it.
On March 24 trade & industry minister Ebrahim Patel gazetted exemptions that allow competing landlords, property companies and tenants to work together to reduce rentals or permit rental holidays in response to the lockdown...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.