The Al Bustan Centre in Dubai.
PHOTO BY ARCHIVE
DUBAI – Tenants of Al Bustan Centre in Dubai will be getting two months’ worth of free rent as part of the mall management’s relief efforts during the Covid-19 pandemic.
Al Bustan Centre’s rent relief kicked off from March to April 2020. More than 90 retail shops within the mall have benefited from this move.
Al Bustan offered rent-related support to all its tenants before the Covid-19 outbreak became severe; giving huge discounts since the beginning of the year for those retailers who were renewing their leasing contracts.
“In these unfortunate times, we empathize every business that is facing difficulties, and we are committed to supporting our retailers by easing off their rental burden,” said Moussa El Hayek, Chief Operating Officer of Al Bustan Centre.
“We are moved by the efforts of the UAE governments in responding aggressively and taking action in giving generous assistance to more than 33 countries to date, “ El Hayek said.
“We are hopeful of a positive outcome and looking forward to a revived economy in light of overcoming this challenge. Our tenants have always been crucial to us and we hope our efforts will make way for businesses to survive, now even more in this global crisis,” he added. ICA/Expat Media
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