Large landlords provided more than $320m in rent relief

Thu, 30 Sep 2021

Commercial property tenants won more than $320 million in rent relief from some of New Zealand's largest property owners, according to the Property Council.The data provides evidence of the property sector's willingness to share the burden of the pandemic said Leonie Freeman, chief executive of the Property Council, which represents commercial landlords.It sent a letter to prime minister Jacinda Arden, signed by 24 of the largest property owners, with the results of its survey and in response to the shock announcement on Tuesday of a pr...

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