Dubai’s Al Zarooni Group announces rent waiver worth AED 25 million for mall tenants during the Covid-19 outbreak.
It will cover up to three months’ rent for eligible tenants in its Mercato and Town Centre Jumeriah malls.
The Group said the relief programme is aimed at easing the financial burdens faced by retailers.
In accordance with government directives, Mercato and Town Centre Jumeirah will close for two weeks from 25 March.
However, providers of essential services like supermarkets and pharmacies will remain open while F & B outlets will only operate a delivery service.
An Al Zarooni Group spokesperson said as the retail sector is facing an unprecedented situation “we feel that it’s our responsibility as a partner of the government to support our tenants experiencing financial hardships”.
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