{"id":63848,"date":"2020-04-09T14:57:02","date_gmt":"2020-04-09T09:57:02","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63848"},"modified":"2020-04-09T14:57:03","modified_gmt":"2020-04-09T09:57:03","slug":"prominent-shopping-malls-across-pakistan-waive-april-rent","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/prominent-shopping-malls-across-pakistan-waive-april-rent.html","title":{"rendered":"Prominent shopping malls across Pakistan waive April rent"},"content":{"rendered":"\n<p>Lahore: In the wake of the nationwide lockdown implemented due to the coronavirus outbreak, almost all prominent malls in the country (including <a href=\"https:\/\/www.zameen.com\/news\/shopping-malls-restaurants-shops-close-10-pm-lahore.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Packages Mall (opens in a new tab)\">Packages Mall<\/a>, Mall of Lahore, Centaurus, Doleman Mall, and LuckyOne Mall) have decided to waive the rents owed by their retailers for April, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/lhc-imposes-bag-plastic-bags-usage-lahores-shopping-malls.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"LHC imposes ban on plastic bags usage in Lahore\u2019s shopping malls (opens in a new tab)\">LHC imposes ban on plastic bags usage in Lahore\u2019s shopping malls<\/a><\/p>\n\n\n\n<p>In\naddition, some of these malls have even offered discounts on rents for the\nmonths of March and May in a bid to facilitate their retail shopkeepers.<\/p>\n\n\n\n<p>This development was spurred by the letter issued by the country\u2019s two main retail associations \u2014 the Chain Store Association of Pakistan (CAP) and the Pakistan Retail Business Council (PRBC) \u2014 urging the high-end shopping malls to provide relief to their retailers amid the coronavirus lockdown.<\/p>\n\n\n\n<p> <strong>Read:<\/strong><a href=\"https:\/\/www.zameen.com\/news\/islamabad-close-down-malls-hotels-parks-weekly-bazaars.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" Islamabad to close down malls, hotels, parks, weekly bazaars (opens in a new tab)\"> Islamabad to close down malls, hotels, parks, weekly bazaars<\/a><\/p>\n\n\n\n<p>As\nper the source, the individual landlords have been resisting this call for\nrelief. However, after the three-month relief on rent, they might be inclined\nto follow suit. <\/p>\n\n\n\n<p>Furthermore,\nthe waiver from rents doesn\u2019t include the common area maintenance (CAM) charges,\nwhich are charged at PKR 100 per square foot.<\/p>\n\n\n\n<p>The\nmanagement of LuckyOne Mall has announced its decision to waive off full license\nfees for April, 50% for May and 25% for June. The mall has also waived off the\nchilled water charges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: In the wake of the nationwide lockdown implemented due to the coronavirus outbreak, almost all prominent malls in the country (including Packages Mall, Mall of Lahore, Centaurus, Doleman Mall, and LuckyOne Mall) have decided to waive the rents owed by their retailers for April, according to news sources. Read: LHC imposes ban on plastic bags usage in Lahore\u2019s shopping malls In addition, some of these malls have even offered discounts on rents for the months of March and May in a bid to facilitate their retail shopkeepers. This development was spurred by the letter issued by the country\u2019s two main retail associations \u2014 the Chain Store Association of Pakistan (CAP) and the Pakistan Retail Business Council (PRBC) \u2014 urging the high-end shopping malls to provide relief to their retailers amid the coronavirus lockdown. Read: Islamabad to close down malls, hotels, parks, weekly bazaars As per the source, the individual landlords have been resisting this call for relief. However, after the three-month relief on rent, they might be inclined to follow suit. Furthermore, the waiver from rents doesn\u2019t include the common area maintenance (CAM) charges, which are charged at PKR 100 per square foot. The management of LuckyOne Mall has&hellip;<\/p>\n","protected":false},"author":75,"featured_media":63852,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[25703,25704,25697],"persona":[],"class_list":{"0":"post-63848","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-chain-store-association-of-pakistan-cap","9":"tag-pakistan-retail-business-council-prbc","10":"tag-prominent-shopping-malls-across-pakistan-waive-april-rent","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Prominent shopping malls across Pakistan waive April rent - Zameen News<\/title>\n<meta name=\"description\" content=\"Amid coronavirus, almost all prominent malls in the country have decided to waive the rents owed by their retailers for Apri\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/prominent-shopping-malls-across-pakistan-waive-april-rent.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prominent shopping malls across Pakistan waive April rent - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Amid coronavirus, almost all prominent malls in the country have decided to waive the rents owed by their retailers for Apri\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/prominent-shopping-malls-across-pakistan-waive-april-rent.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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