- 1 Sep 2020 8:52 AM
- Hungary Around the Clock
The majority of tenants negotiated on rebates, or a restructuring of rent and succeeded in 90% of cases.
This figure was significantly lower in the Czech Republic, where 56% of owners refused to give discounts to tenants, 40% of whom received state help, Napi writes.
In Hungary owners kept long-term co-operation in mind with tenants dealing with the crisis, CBRE said.
Another important finding of the survey was that in addition to increasing their digital presence, 27% of Hungarian retail sector respondents said they plan to operate fewer shops in the short term and 45% plan fewer shops in the long term.