Temporary rent for tenants such as the Marunouchi Building Mitsubishi Estate New Corona

Temporary rent for tenant rents such as "Marunouchi Building" Mitsubishi Estate New Corona April 7 5:58

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Mitsubishi Estate, a major real estate company, has decided to take measures such as delaying rent payments for stores whose sales have dropped significantly among tenants entering the Maru Building or Shin Maru Building.

Mitsubishi Estate owns the Maru Building and the Shin Maru Building in Chiyoda-ku, Tokyo, and the floors other than the offices of these buildings contain restaurants and shops.

However, the spread of the new coronavirus has shortened the opening hours of these stores on weekdays and has taken temporary closures on weekends, which has had a negative impact on sales.

For this reason, the company has decided to support the management of stores whose sales have declined, for example, by delaying payment for stores for which rent payment is difficult.

Regarding rents handled by tenants, Aeon, a major distribution company, and LUMINE, a subsidiary of JR East, also take measures to reduce rents at stores where sales have fallen, according to the terms of the contract.