Tag Archives: landlords

Hong Kong leader Carrie Lam Cheng Yuet-ngor has approved a controversial rent deferral scheme to support struggling commercial tenants affected by the city’s coronavirus outbreak, the Post has learned, shrugging off mounting pressure from developers to shelve the plan.Sources said the final version of the proposal, which would allow local …

Both Lam and Chan referred to the example of Swire Properties, one of Hong Kong’s biggest retail landlords, which said on Friday that it would offer full rental waivers to tenants forced to close at its wholly-owned shopping malls, Cityplaza and Pacific Place, from the onset of government-mandated closures until …

The Hong Kong government will offer interest-free loans to small commercial property owners affected by its latest anti-epidemic policy that could prevent them from collecting rent for up to six months, the city’s finance chief said on Saturday.Financial Secretary Paul Chan Mo-po said authorities would step in to pay struggling …