Mall of Qatar has announced all mall tenants are exempt from rental costs from March until May 2020.
The decision comes on the back of the current health situation and precautionary measures taken by the authorities to limit any potential spread of coronavirus and to provide maximum support to businesses during this challenging period.
Khaled Sam Hosn, CEO of Mall of Qatar said: “Taking into consideration the current situation and as part of our social responsibility, we want to showcase our commitment to investors, tenants, and partners to tackle the financial consequences at this stage. We value our partnership and are confident that through our united efforts, we can undertake challenges together, prevent further outbreaks and reach our common goal of setting Mall of Qatar as the leading mall in Qatar and the region.”
All mall tenants are waived from their rental obligations for the months of March, April & May 2020, allowing them to reduce their monthly costs.
Mall of Qatar, the nation’s mall, reaffirms its commitment towards Qatar, citizens and all residents, and continues to take preventative measures to secure a safe environment for customers.
For more information, visit Mall of Qatar.
Source: Press Release
