Owners and tenants of others that were spared total ruin may be lucky enough to start trading again in the next couple of days, but they first need to be able to replenish their stock.Nkuli Bogopa, managing director of the Broll Property Group, which manages about 400 retail-related sites across both provinces, says 40 of these – including two industrial properties in KZN, were affected by the looting and riots.
Since the outbreak of the unrest, she says landlords have been scrambling to examine leases in order to assess which parties are responsible for which damages. They are, however, aiding tenants to get back up and running as soon as possible by assisting with their insurance claims and fixing physical damage.
💔
Bad indeed
This is very sad.