The Big Group is once again leading a trend in the current wave of the Corona crisis , And informs tenants about the ease of rent in the closed malls it operates.
This morning, Chai Gallis, CEO of Big Shopping Centers, sent a letter to tenants and announced In the Bat Yam mall, Fashion Tiberias and Fashion Beit Shemesh, a 25% discount will be given on basic rent in January, after the group of malls identified a 20% decrease in redemption of closed malls in the country compared to a corresponding period in 2019. There is stability in sales in the open centers.
Chains and stores are essential A such as pharmacies, supermarkets, mobile phone shops, computer, clinics and banks, will pay rent as usual without a discount.
more The group says that if the state provides compensation to tenants it will ask the tenants for the discount it gave them, from the money they receive from the state, “Needless to say that if we as a company receive compensation for loss of rent, we will notify you and waive the transfer of compensation received from you.”
Real Estate Conference Real Estate Conference Chai Gallis CEO of Big
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Photo: Uriel Cohen )
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