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Shopping centers can take stock of stores in era of pandemic

22:45

Shopping centers can take stock of stores in era of pandemic
Magdalena Szczepanek, source: Causa Finita.

Covid-19 has turned the business of shopping malls upside down. In many cases, it has turned out that pre-pandemic rents have nothing to do with the new reality. Many tenants have consequently refused to open stores, arguing that there is currently no economic justification. However, tenants cannot confront the landlords with a fait accompli - take the goods to other stores, take away furniture or disassemble the equipment. The owners of the centers may oppose this.

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