Cash-strapped small Hong Kong landlords to be offered interest-free loans as part of new government policy for delayed rent collection

By Chris Lau

The Hong Kong government will offer interest-free loans to small commercial property owners affected by its latest anti-epidemic policy that could prevent them from collecting rent for up to six months, the city’s finance chief said on Saturday.Financial Secretary Paul Chan Mo-po said authorities would step in to pay struggling landlords three months’ worth of rent on their tenants’ behalf, subject to a ceiling of up to HK$100,000 (US$12,806), as they implement the rent-collection delay policy…

Source: Cash-strapped small Hong Kong landlords to be offered interest-free loans as part of new government policy for delayed rent collection