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Brands ask malls to reduce rent till business gets back to normal

Brands ask malls to reduce rent till business gets back to normal
Brands and retailers have asked the malls to close the commercial agreements with reduced rents linked to the trading density of the malls. A formula has been proposed in order to simplify the process and speed up the discussions, called as the Red-Orange-Green approach that will distribute the burden. Red is the lockdown period in […]

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