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07 Apr 2020

‘Singha Estate’ imposes additional measures to help office tenants during the COVID-19 crisis, supporting work-from-home policy

‘Singha Estate’ imposes additional measures to help office tenants during the COVID-19 crisis, supporting work-from-home policy

Bangkok – Singha Estate announces a series of additional measures to help tenants at all office projects managed by the company, focusing on suitability and flexibility based on situation of each tenant.
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nFollowing the escalating spread of COVID-19 and the government measure on social distancing, which have prompted several companies to implement a work-from-home policy in a bid to reduce travels and the spread of virus. Singha Estate, the operator of leading office-cum-retail complexes, foresees a business impact on its office tenants and imposes a series of measures which focus on suitability and flexibility based on the situation of each office tenant who has been affected during the COVID-19 crisis.
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nMr. Naris Cheyklin, CEO of Singha Estate Public Company Limited or “S”, revealed that the company is very concerned about the impact from COVID-19 outbreak. So, it carries out a series of additional measures to help tenants at all office projects, including Suntowers, Singha Complex and Metropolis Building, survive the crisis at its best efficiency.

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nInfographic: Singha Estate

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nThe additional measures, which focus on suitability and flexibility based on situation of each office tenant, are as following;

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  • Giving some discounts on office space rent, service fee and parking rental fee in April 2020
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  • Offering payment installment on rent, service fee, and parking rental fee in a range of 50-100% and extending the payment date from April 5 to April 30, 2020, without interest charge
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  • Giving a cash back of parking rental fee, air-conditioning OT, and electricity between 5 to 20% 
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  • Arranging free advertising media space for tenants in a bid to improve their businesses after the COVID 19 ends
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nMeanwhile, Singha Estate is well-aware about this incident and ready to support its tenants and business partners pass through this crisis together.

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