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SM Supermalls assist tenants to waive its rentals from March 16 to April 14

SM Supermalls assist tenants to waive its rentals from March 16 to April 14

Good news to SM Supermall tenants as the company announced it will waive rentals to all of its existing tenants nationwide from March 16 to April 14, 2020. This is to offer tenants some relief during this trying time, so that they can in turn lend more assistance to their employees during the period of Community Quarantine.

“We share our tenants partners’ concerns at the unfortunate situation and will waive rental charges for those affected and unable to operate during this period,” said SM Supermalls president Steven T. Tan.

This support forms part of SM’s commitment to fight the effects of the COVID-19 outbreak, in addition to its recent announcement that it has allocated PhP100M to provide protective equipment and supplies towards hospitals for the safety of medical front liners, as they actively fight the spread of COVID-19.

For more information about SM, visit www.smsupermalls.com.

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