Marui Exemption from tenant rent and common service fees for temporary holidays April 24 22:14
The company running the Marui, a fashion building, has decided to exempt tenants who are temporarily closed from all rent and common area fees during the vacation.
The Marui Group has temporarily closed 30 commercial facilities that operate such as “Yurakucho Marui” from the 8th of this month, except for some sales floors, and most specialty stores entering as tenants have been in a state of no sales.
For this reason, the company has decided to exempt all rents and common fees that tenants would have to pay during the time the facility was closed.
In addition, for tenants that meet certain conditions, in addition to returning the security deposit for up to 2 months received in advance, regardless of sales, it is said that the minimum cost to pay to the operating company will be abolished for the time being. I will.
As a result of these measures, the cost burden of the tenant during the temporary holiday will be virtually eliminated.
The company says, "We want to overcome this difficulty by reducing the financial burden on our tenants."
Regarding rents for tenants, Aeon, a major retailer, and LUMINE, a JR East affiliate, are also taking measures to reduce rents according to contracts for stores whose sales have dropped.