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As Malls Stay Empty, Both Landlords and Tenants Struggle

Sarkunan Subramaniam, Managing Director, Knight Frank Malaysia

24-Jun-21 08:45

As Malls Stay Empty, Both Landlords and Tenants Struggle

Shopping malls and retail industries nationwide are appealing to the government to reopen the sector by July, or risk 50% of retail businesses closing down for good. We speak to Sarkunan Subramaniam of Knight Frank on how the current lockdown is affecting the market for commercial properties, as well as policy measures that could alleviate the financial burdens of both landlords and tenants.

Image credit: mokjc / Shutterstock

Produced by: Sim Wie Boon

Presented by: Wong Shou Ning, Philip See, Shazana Mokhtar


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Tags:  National Recovery PlanMuhyiddinCovid-19pandemicparliamenteconomymallsshoppingretailGovernment/Regulatory/Policy MakingProperty, Real Estate, ConstructionRestaurants, Food ServiceEconomy, MarketsPropertyPolitics, News, Current Affairs


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