Property News · March 15, 2022

Hong Kong’s private commercial landlords join big guns in offering rent relief to tenants hit by fifth wave closures


Hong Kong’s private commercial landlords are joining the city’s big guns in offering rent relief to their tenants.Tai Hung Fai Enterprise, a property developer that has more than 1,000 tenancy agreements all over Hong Kong, including offices, serviced flats, warehouses and about 200 shops, said it would help its tenants, who are its “bread and butter”.“We will work out a solution with tenants on a case-by-case basis,” said Edwin Leong Siu-hung, the developer’s founder. Instead of purely cutting…

Source : South China Morning Post
Read more…Hong Kong’s private commercial landlords join big guns in offering rent relief to tenants hit by fifth wave closures

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