D2 PLACE reduced rents to tenants and negotiated rent arrangements with tenants in February

Financial news

Written by: Zhang Weilun

2020-02-18 18:22

The spread of the pneumonia epidemic in Wuhan has hit Hong Kong's retail industry, with mall owners offering tenants discounts and other benefits. Since August last year, D2 Place, a subsidiary of Roche Group, has been the first mall to actively introduce rent reduction to tenants, and has maintained close ties with tenants and introduced rental concessions from time to time.

Due to the recent epidemic caused by the new coronavirus, many industries are facing severe operating conditions, and Roche Group decided to provide rent reduction measures to D2 Place tenants again. The mall will discuss with each tenant the rent arrangements for February, and determine the content and extent of the reduction and exemption according to individual needs and circumstances. It is hoped that this will reduce the business pressure of the merchants and work together to overcome the difficulties.

[Retail Winter] D2 Place Takes the Lead to Reduce Rents Luo Zhengjie: Startup Cash Flow Affected Largely

Changsha Bay D2 Place cuts rent by 20% in August

Retail Market D2 Place