Back Menu

Property News

Landmark owner Hongkong Land to waive rents for tenants subject to mandatory Covid-19 closures by government


Hongkong Land, which owns the high-end shopping centre Landmark in Hong Kong’s Central business district, said on Thursday that it will fully waive rents for tenants subject to mandatory closures imposed by the government to stop the spread of Covid-19 in the city.Tenants from the food and beverage (F&B) sector will only pay turnover rent for a six-month period ending June 30, 2022, the company said.“We hope that we can contribute to alleviating the hardships faced by businesses and communities…

Source : South China Morning Post
Read more…Landmark owner Hongkong Land to waive rents for tenants subject to mandatory Covid-19 closures by government

Purplebricks chief to step down ‘due to personal reasons’
The Lex Newsletter: UK must expose oligarch owners of country’s priciest properties
Thailand Property News