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The state government has asked mall operators to restrict the entry of shoppers and allow only one person per 25 square feet at a given time. Mall operators have developed apps to ensure social distancing.
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Closure of malls gives high-street establishments undue advantage: Mall operators Synopsis “While it is important to break the chain and we will abide by the order, the government should also take similar action against high-street markets. It’s a matter of 15-20 days and will not impact the business much,” said Pushpa Bector, executive director at DLF Retail. The recent closure order of malls by the Delhi government has given an ‘undue’ advantage to high-street establishments that continue to operate even as retailers in malls are shut due to the newly imposed restrictions, say the...
Mall operators will continue to provide rental relief in 2021 Reuters"> By Reuters - 23 February 2021 - 07:10 The Eastgate Shopping Mall in Bedfordview. The SA commercial real estate sector - with its collection of high-rise office spaces and huge shopping malls - has been among the country's worst hit, along with travel and tourism. Image: Facebook / Eastgate Shopping Centre Two of SA''s prime commercial property owners will extend rental relief to struggling tenants this year, in a sign the impact of Covid-19 is far from over for hard-hit real estate firms althou...
23 February 2021 - 07:00 By Nqobile Dludla SA's commercial real estate sector - with its collection of high-rise office spaces and huge shopping malls - has been among the country's worst hit by the pandemic, along with travel and tourism. Stock photo. Image: 123RF/Yulia Petrova Two of SA's prime commercial property owners will extend rental relief to struggling tenants this year, in a sign the affect of Covid-19 is far from over for hard-hit real estate firms, though they see the tide turning at the end of 2021. Liberty Two Degrees (L2D) and Redefine Properties — owne...