In addition, CDL will continue to provide rent restructuring to selected tenants whose businesses are still badly affected, as well as rental payment flexibility for those facing severe cash flow issues, says the company in a press release on July 21.
With Singapore returning to Phase 2 (Heightened Alert) from July 22 to Aug 18, City Developments Limited (CDL) is again extending rental, operational and marketing support to its affected tenants, which number close to 400.
According to CDL, 35.2% of these tenants are in the food and beverage business.
