Dolmen Shopping Center waives rents from all stores and retail stores
The management of Dolmen Mall Clifton in Karachi has taken such measures in accordance with government orders to contain and ensure appropriate methods to prevent the spread of new corona viruses.
As of May 15, 2020, the rent exemption for tenants who own shops, restaurants, retail stores or retail stores will not be required to pay rent.
According to the issued instructions, supermarkets and banks that provide basic services are not subject to this jurisdiction.
The current decision is a huge economic relief. Due to the deadly global pandemic, businesses have come to a standstill, and due to the implementation of blockades and curfew restrictions, tenants, shop and restaurant owners cannot make money and continue to operate.
Management has issued a statement that its decision complies with government regulations,
“We fully support the efforts of Singh and the federal government to curb the spread of this epidemic and stand with the country at this difficult time. Insha Allah, with the gift of Almighty Allah, will soon contain this Spread.
We will notify the exchange. Once operations are normalized. “
Dolmen ’s sister shopping centre, Harbour Front, also received news of a 50% reduction in rents in May, which will reduce the pressure on tenants, as tenants will be able to maintain business stability and the financial security of their employees.
This is a relief for small business owners and small shop owners who have damaged their businesses due to lack of cash flow because the federal government has been holding continuous meetings to ensure that its financial capacity is maximized to make up for this difficult period The losses encountered.