According to the Business Exchange chief executive David Seinker, many small businesses such as restaurants and shops have felt the brunt of the lockdown as they struggle to pay rent.
Seinker said the digital reality is presenting itself even more so now, adding that companies or business owners may shift their thinking from spending high costs on long-term office leases in the city centre. Rob Kane, chairperson of the CCID and CBD property developer, said: “At the moment, commercial landlords and tenants in the CBD are working hard to support one another to ensure that it does survive the economic effects of Covid-19 and the harsh lockdown restrictions. Landlords are providing support to their tenants, negotiating rent relief agreements, advice and the implementation of Covid-19 safety protocols in buildings so that business can continue at this time.
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