After this period, Paperchase could either close the shops or seek a rent-free period
, with a small number expected to close.
'With effect from Tuesday, December 18, 2018, there will be an increase in rent-free period
for cargoes housed in the terminals from the current period of three free days before commencement of rent charges to 21 free days before commencement of rent charges for a period of four months.
'I hope developers will consider a longer rent-free period
and maybe free up the cost, but the problem is some of the developers are listed companies.
He said: "We are offering a three-month rent-free period
from August and then a 50% reduction after that.
Ediston Property Investment Company expect to make an initial 6.5% profit which will rise to more than 7% in March following the expiry of a rent-free period
at the park.
Filinvest Land had also sought to extend the rent-free period
to 18 months, but the SSS kept the six-month rent-free fit-out period, citing its leasing guidelines approved by the Social Security Commission.
| Is there to be a rent-free period
They generally include a rent-free period
, a reduced rent period, or cash payments from the landlord to cover specific costs.
Thus, there will be a rent-free period
from the first to fourth year of the lease period.
How about a rent-free period
when you sign up for a one-year lease?
For instance, how long do tenants want to commit for, should they ask for a lease break option and is the landlord willing to offer a rent-free period
while tenants adapt the premises to their needs?
It is understood it has also negotiated an initial rent-free period
of around two years.