Mall of Qatar defers rent payments for another month

Mall of Qatar defers rent payments for another month

Publication: The Peninsula (English | Newspaper)

Mall of Qatar has exempted mall tenants from rental costs for an additional month of June, following the three-month exemption from March to May 2020, as part of its continuous support to tenants in the time of COVID-19. The current decision encompasses all stores except operating stores (terms and conditions apply*), a step that reflects the mall’s strategy to encourage tenants to overcome the challenges posed by the novel coronavirus pandemic. Emile Sarkis, General Manager of Mall of Qatar said, “The decision comes in line with our social responsibility commitment to our partners, community and the government effort. We have a strong relationship with our tenants, and taking into consideration the current closure of the stores in our mall based on Qatar’s authorities to close the stores as a precautionary measures to prevent any potential spread of coronavirus, we are keen to provide the extra support to our partners and exempt the closed stores from rental costs for additional month.” “We are all partners in this pandemic, and we are confident that our united effort and patience will lead us all to a better tomorrow. We look forward to the moment when we overcome these challenges and bring business back to normal,” he added. Reiterating its responsibility towards tenants, Mall of Qatar, Nation’s Mall, was the first mall to exempt tenants from rental costs. In addition, the Mall supported them by launching a campaign on social media and the various communication channels “Stay Safe, Shop from Home” to support their home delivery service in order to increase their sales during this difficult time. Exemptions apply to non operating stores with no prior liabilities to the Mall of Qatar.

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