Properties Investment (PI), a Dubai Investments joint-venture company engaged in the investment and development of real estate properties, has announced a 3 month rent relief as a goodwill gesture for all retailers within ‘The Market’ – a dedicated retail avenue, located in the Green Community, Dubai Investments Park.
In the wake of ongoing efforts to control the COVID-19 pandemic and with mall managements across the country stepping up efforts with various initiatives, Properties Investments has temporarily advised retailers to close shutters, adhering to preventive measures adopted by the government.
Properties Investment (PI) – a #Dubai Investments joint-venture company, announces a 3-month rent relief as a goodwill gesture for all retailers within ‘The Market’ – a dedicated retail avenue, located in the Green Community, Dubai Investments Park.https://t.co/VxAtmBjp6g pic.twitter.com/Zl4frJjIse
— Dubai Media Office (@DXBMediaOffice) April 2, 2020
“Through ‘The Market’, we have been providing shopping experiences creating an impact on the wellbeing of the community and during such crucial times, it becomes even more important to ensure the health and safety of not only our customers, but also our tenants. Our tenants are the backbone of our success within ‘The Market’ and now with the temporary suspension of business, we announced this relief, to directly support the tenants. Our mall management teams are working closely with the tenants to ensure the rent relief aids towards the recovery of their businesses during these times,” said Dr. Rashid Abdulla Al Haji, General Manager, Properties Investment.
