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The relationship between retail landlords and tenants is set to change forever after the Covid-19 pandemic, according to Thai real estate executive Jariya Thumtrongkitkul. “Retail landlords and tenants’ co-operation will become more crucial than ever before,”…
“Unprecedented rental relief measures” are needed from landlords to help retailers overcome the coronavirus crisis, according to the Singapore Retailers Association. In an open letter to landlords, the association has urged landlords to implement a rental…
Landlords in premium Hong Kong retail areas are proving flexible on rents as retailers experience an unprecedented drop in sales of between 50–80 percent during the first financial quarter this year. Figures from real estate firm Savills show multiple mall…
Hong Kong beauty retailer Sa Sa is in discussion with landlords over rent reductions and will reduce staff as it tries to address falling sales. In a profit warning, Sa Sa chairman and CEO Simon Kwok said August was its weakest month, with sales down by 32…
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