Dis-Chem in lockdown rent row
Landlords accuse retailer of failing to pay despite still trading
12 April 2020 - 00:30
Dis-Chem, in a move expected to cause ructions in the already distressed commercial property sector, has embarked on a rental go-slow, according to shopping centre owners - even though it continues to trade as an essential service during the lockdown.
Owners of some of SA's biggest malls said this week that the JSE-listed company, one of SA's largest pharmaceutical retailers, has in some cases not paid rent to landlords for April, while in others instances it has paid a portion of the rent but not the full amount...
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.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.