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VIRUS OUTBREAK

Rent rebates not enough to save retailers as virus-related curbs slash traffic further

Retailer grouping asking landlords to halve base rent or limit percentage turnover deduction to 15% or less

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As heightened distancing measures tighten the noose around tenants' necks, the Singapore Retailers Association (SRA) over the weekend appealed to landlords for rental support beyond rebates, echoing recent calls from other quarters.

Singapore

AS heightened distancing measures tighten the noose around tenants' necks, the Singapore Retailers Association (SRA) over the weekend appealed to landlords for rental support beyond rebates, echoing recent calls from other quarters.

The government has been stepping up...

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