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Manila Bulletin devider Business devider Megaworld waives rental fees of tenants

Megaworld waives rental fees of tenants

Published Mar 21, 2020 12:00 am
By JAMES A. LOYOLA Megaworld is waiving the rental charges of its tenants and retail partners in its malls and commercial centers in Metro Manila and the rest of Luzon for the period March 16, 2020 to April 12, 2020, particularly those who are unable to operate due to the COVID-19 Luzon-wide quarantine. “We understand the impact of our mall closures to our retail partners and merchants, and we would like to provide them with this reprieve in order to help them recover during this difficult time,” said Megaworld Lifestyle Malla First Vice President and Head Graham Coates. Aside from waiving the rental fees during this time, Megaworld Lifestyle Malls will also assist mall merchants like supermarkets, pharmacies, clinics, and banks that have been allowed to open during the quarantine period in terms of in-store sanitation and disinfecting efforts. Megaworld has also extended food assistance to healthcare and medical personnel in various Metro Manila hospitals including border security personnel from the Philippine National Police (PNP), Armed Forces of the Philippines (AFP), Bureau of Fire Protection (BFP) deployed in different parts of Metro Manila. More than 1,000 food packs and water have already been distributed to frontline medical and healthcare personnel In Philippine General Hospital, Pasig City General Hospital, Pasay City General Hospital, San Lazaro Hospital, Taguig General Hospital, and Ospital ng Makati, and to the National Capital Region (NCR) Border Security Teams. “We still have scheduled distribution of McDonald’s food boxes and bottled water to other hospitals in the coming days, and to other border security outposts across Metro Manila. We are also looking into extending food assistance to our LGU workforce who are also on the frontline of assisting people and ensuring community order during this quarantine period,” said Megaworld Foundation President Francis Canuto.
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