9/26/2020: Why retailers cannot get malls to grant rent relief

  • Date: 26-Sep-2020
  • Source: Gulf News
  • Sector:Retail
  • Country:UAE
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9/26/2020: Why retailers cannot get malls to grant rent relief

UAE retailers will remain at themercy of mall owners and landlords as long as they hold post- dated cheques on rent payments “” for even up to three years in advance. This is one of the issues retailers are hoping to change in lease agreements in view...