shopping mall, store, retail

SM Prime gave P23-B rent waivers, discounts to mall tenants in 2020

Property giant SM Prime Holdings provided about P23 billion worth of rental concessions last year to help shopping mall tenants across the country stay afloat amid lockdown restrictions imposed by the government to curb the COVID-19 pandemic. “We are continuously assisting our business partners, most especially our mall tenants, who are badly affected by community…