The Riverside Market in Christchurch has offered its tenants rent relief to help them bounce back as soon as the coronavirus lockdown is lifted. Tenants at Riverside Market and Riverside Retail Lanes in the central city have been offered rent relief over the next three months in an effort to help them keep their doors open. Tenants' operating costs have also been cut in half to ease some of the financial pressure caused by the lockdown. "We see helping our tenants survive these turbulent times as both a contractual and moral obligation," Kris Inglis, co-owner of Riverside Market, said. Each of the 60 tenants in the Riverside Market and Riverside Retail Lanes indicated they were ready to reopen as soon as the lockdown was lifted.

Source: Stuff April 14, 2020 06:33 UTC