As Malls Stay Empty, Both Landlords and Tenants Struggle
Sarkunan Subramaniam, Managing Director, Knight Frank Malaysia
24-Jun-21 08:45
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Shopping malls and retail industries nationwide are appealing to the government to reopen the sector by July, or risk 50% of retail businesses closing down for good. We speak to Sarkunan Subramaniam of Knight Frank on how the current lockdown is affecting the market for commercial properties, as well as policy measures that could alleviate the financial burdens of both landlords and tenants.
Image credit: mokjc / Shutterstock
Produced by: Sim Wie Boon
Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar
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Categories: Politics, Social Issues, law & legal matters, Business Analysis, Trends and Forecasts, Markets, Property, Food, Investments
Tags: National Recovery Plan, Muhyiddin, Covid-19, pandemic, parliament, economy, malls, shopping, retail,