Summary
Our client engaged our services to deal with the building owners during Covid-19. Our client, like many, had a substantial downturn in their business revenue. They had engaged in initial discussions with managing agents regarding rent relief. This was proving to be very challenging for our client as they had many other work-related issues to work through.
Key Points
We stepped in for our client and worked smart and diligently. We pressed the managing agent relentlessly and put together a compelling argument to warrant our clients request for a rent deduction. In the end we were successful in securing a 5-month rent waiver and a further rent discount over the term of our client’s lease.