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Dentons COVID-19 Retail Tracker - China / Hong Kong (UPDATED) | Dentons

Commercial Rent Waiver/ Subsidy The Hong Kong government has waived rent for tenants at the Science Park, industrial estates and Cyberport. Rental supports are also given under the selected sector subsidy schemes, e.g. tenants of Art Spaces and Jockey Club Creative Arts Centre. Residential Rent Waiver to Public Rental Housing A two-month rent waiver for public rental housing (PRH) tenants along with a 9.66% rent increase that will take effect September 1, 2020. The rent waiver involves about $3.5 billion and will take place in two phases, with one-month’s rent waived in September 2020 and September 2021. The waiver will also cover the net rent portion of well-off tenants who are required to pay additional rent, meaning they still need to pay the additional rent portion and rates.

Hong kongEnvironmental hygiene departmentFund steering committeeFund the onTax fund order the exemptionHong kong housing authorityProhibition on group gatheringJockey club creative arts centreGroup gatheringScience parkArt spacesJockey club creative artsRent waiverPublic rentalAnti epidemic fundLegislative council

Retailers to Focus on Long-Term Occupancy Cost Reductions in 2021 Amid Looming Rent Deferral Bubble, Advises A&G Real Estate Partners Graiser

Retailers to Focus on Long-Term Occupancy Cost Reductions in 2021 Amid Looming Rent Deferral Bubble, Advises A&G Real Estate Partners Graiser
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Andy graiserRent abatementCapital marketsReal estateOccupancy costsவாடகை தள்ளுபடிமூலதனம் சந்தைகள்ரியல் எஸ்டேட்

PUNB offers payment deferment, rental discount

Nation 08 Apr 2021 All PUNB Entrepreneur Partners who received a deferment in April to December 2020 are automatically eligible for the initiative. KUALA LUMPUR: Perbadanan Usahawan Nasional Bhd (PUNB) has offered a deferment in financing principal payment and discount of 50 per cent in rental of PUNB business premises to its entrepreneur partners, for six months from Jan 1,2021 until June 30,2021. The initiative involves a total collection of RM112.5 million. Its chairman Tan Sri Noh Omar said PUNB s proactive action is to help entrepreneurs remain resilient and competitive in the face of COVID-19 which is still plaguing the country. He accentuated that the payment deferment only applies to the financing principal, while the profit rate must be paid as usual every month.

Kuala lumpurNoh omarPerbadanan usahawan nasional bhdCustomer serviceTan sri noh omarPrincipal paymentRental discountகுவாலா லம்பூர்இல்லை ஓமர்வாடிக்கையாளர் சேவைபழுப்பு ஸ்ரீ இல்லை ஓமர்ப்ரிந்ஸிபல் கட்டணம்வாடகை தள்ளுபடி