Amanah Harta PNB 1Q net income slips 1.7% on higher property expense, lower rental income
KUALA LUMPUR (May 6): Amanah Harta PNB (AHP) saw a 1.
CMMT commits to RM35m in rental relief for non-essential services tenants
KUALA LUMPUR (April 30): CapitaLand Malaysia Mall Trust (CMMT) has committed to RM35 million in rental relief for shopping mall tenants in non-essential services during the movement control order (MCO) period.
With mall landlords and tenants in limbo, is it time for a Malaysian Covid-19 Act?
KUALA LUMPUR (April 18): Non-essential retailers have been instructed to remain shut during the Movement Control Order (MCO) for a total of six weeks from March 18 to April 28.
Berjaya Times Square to waive rent for all tenants from March 18 till April 14
KUALA LUMPUR (April 10): Berjaya Times Square Sdn Bhd (BTSSB) will be waiving the rent for all its tenants at Berjaya Times Square during the first and second phases of the movement control order (MCO) between March 18 to April 14.
Brooklyn landlord cancels rent for hundreds of tenants
KUALA LUMPUR (April 6): New York landlord Mario Salerno, who has 18 apartment buildings, posted signs saying tenants in his buildings did not need to pay April rent, The New York Times reported on Friday.
Offices and malls remain in oversupply, pressure on vacancy and rental rates
KUALA LUMPUR (Apr 3): Oversupply conditions in the office space and shopping complex (OSSC) segment in Malaysia have not improved.
AEON Retail: 28-day rental waiver for non-essential business tenants
KUALA LUMPUR (April 2): AEON Retail will offer a 28-day rental waiver for the period of the Movement Control Order (MCO) to tenants with non-essential businesses that are unable to operate at their premises, reported Focus Malaysia today.
Rental waived for Tropicana Gardens Mall tenants during MCO
PETALING JAYA (Mar 27): Tenants of Tropicana Gardens Mall, Kota Damansara, Selangor, will see their rentals waived for the duration of the Movement Control Order (MCO).
CMMT provides 14-day rental waiver to non-essential services tenants
KUALA LUMPUR (March 26): Capitaland Malaysia Mall Trust (CMMT) will provide a 14-day rental waiver to tenants who provide non-essential services across all seven Capitaland malls amid the Movement Control Order (MCO), the trust said yesterday.
Sunway grants 14-day free rent to non-essential retailers
KUALA LUMPUR (March 23): Sunway Malls, the retail division of Sunway Group Bhd, is offering RM20 million rent free to non-essential retailers for the 14-day movement control order (MCO) period.
