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Mall operators will continue to provide rental relief in 2021 Reuters > By Reuters - 23 February 2021 - 07:10 The Eastgate Shopping Mall in Bedfordview. The SA commercial real estate sector - with its collection of high-rise office spaces and huge shopping malls - has been among the country s worst hit, along with travel and tourism. Image: Facebook / Eastgate Shopping Centre Two of SA s prime commercial property owners will extend rental relief to struggling tenants this year, in a sign the impact of Covid-19 is far from over for hard-hit real estate firms although they see the tide turning at the end of 2021. Liberty Two Degrees (L2D) and Redefine Properties - owners of some prominent commercial real estate in Johannesburg and Cape Town - said they would have to provide rental relief for longer. ....
23 February 2021 - 07:00 By Nqobile Dludla SA s commercial real estate sector - with its collection of high-rise office spaces and huge shopping malls - has been among the country s worst hit by the pandemic, along with travel and tourism. Stock photo. Image: 123RF/Yulia Petrova Two of SA s prime commercial property owners will extend rental relief to struggling tenants this year, in a sign the affect of Covid-19 is far from over for hard-hit real estate firms, though they see the tide turning at the end of 2021. Liberty Two Degrees (L2D) and Redefine Properties owners of some prominent commercial real estate in Johannesburg and Cape Town said they would have to provide rental relief for longer. ....