Duksung Women's University, 50% Rent Reduction for On-Campus Rental Businesses in Second Semester
[Asia Economy Reporter Hyunju Lee] Duksung Women's University announced on the 18th that it will reduce the rent by 50% for on-campus rental businesses in the second semester, following the first semester.
There are a total of 11 tenant businesses, and the total amount of rent reduction this year is 50 million won. Duksung Women's University also reduced rents by 30-50% in the first semester.
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Acting President Jinwoo Kim stated, "On-campus rental businesses are part of our university, and we decided to reduce rents to coexist with small business owners," adding, "We will continue to share the difficulties of small business owners and do our best to help overcome COVID-19."
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