Coop Denmark has given its tenants the option to postpone the payment of rent for three months in light of the coronavirus pandemic.
The retailer has approximately 190 tenants in its properties throughout Denmark.
Chief executive of Coop Denmark, Kræn Østergård Nielsen added that the company would like to help its tenants who are affected by the coronavirus pandemic through this initiative.
The retailer added that it is mainly shops, service areas, production and warehousing centres that are on lease.
Earlier, Coop Denmark offered advance payment to around 378 small local suppliers.
© 2020 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.
