02 March 2020 – Rent concessions extended for six months

Type of Intervention: Financial and Economic, Other Announcement
Sectors Involved: Private Sector and Businesses
Level of Jurisdiction: Special Administrative Region
Lead People/Agency: The Hong Kong Housing Authority (HA)’s Commercial Properties Committee (CPC)

Overview: The Housing Authority announced to extend the 50% rent concession for its retail and factory tenants for six months from April 1 to September 30 to align with the Government’s relief measures.
Full details here: https://www.info.gov.hk/gia/general/202003/02/P2020030200338.htm?fontSize=1

Other links: 1
Type of Justification: Advice of INTERNAL government advisory committee or group
Evidence/Justification: To align with the Government’s relief measures