"Not Charging Rent for 3 Months"... Dongbu Construction's 'Good Rent Campaign'

Benefits for 17 Small and Medium Partners

Dongbu Construction Merium

Dongbu Construction announced on the 18th that it will participate in the 'Good Rent Movement' again this year, following last year.

Dongbu Construction has decided not to charge rent for three months (January to March this year) to tenants in the Busan Merium building to support partner companies struggling due to COVID-19. This measure is expected to benefit a total of 17 small and medium-sized partner companies.

In April last year, Dongbu Construction also reduced rent by 50% for three months.

Merium is a wedding complex space housing small and medium-sized businesses related to weddings, including a wedding hall, dress rental, and makeup services. Tenants have been paying fixed monthly rent to Merium.

Recently, as the government emphasized social distancing to prevent the spread of COVID-19, the number of customers visiting stores sharply declined this year as well as last year, making it difficult for tenants to pay rent. The company explained that this is why they took this measure.

A Dongbu Construction official said, "The economic impact of the COVID-19 pandemic remains significant this year, especially the pain felt by small business owners and small and medium-sized enterprises is great. Going beyond the 50% rent reduction last year, we have decided not to charge rent for three months this year."

This content was produced with the assistance of AI translation services.