Tenants at Australia’s largest shopping complex, Chadstone, have requested a three month rent-free period, warning that without help “most, if not all” could file for bankruptcy.
In a letter and petition to Chadstone Shopping Centre management, about 35 tenants said that, “each day is getting worse and worse” due to the economic fallout of the pandemic. and asked for help to “save our businesses.”
“We are not in position, at all, to pay any rent for now,” said the petition, sent last Friday, “and we are absolutely not in a position to even cover the fixed costs”.
Prime Minister Scott Morrison has said shopping centres will stay open and that they provide an essential service, but Chadstone this week has been a ghost town.