The Village France | Announcement
By WebMaster
Freeport Retail would like to share an announcement from our partner at The Village, Compagnie de Phalsbourg, which has a direct impact on our business together:
“From its foundation, Compagnie de Phalsbourg has always worked hand in hand with brands and retailers in a close partnership.
In the terrible times we are collectively facing, the French National Council for Commercial Centres (CNCC) has created the possibility for retailers to switch to a monthly rent. Compagnie de Phalsbourg shares this initiative but has decided to show even greater solidarity with physical retail and its partners.
Philippe Journo, CEO, has announced:
« We have decided to simply cancel all the rents owed by our non-grocery retailers during the lockdown, that is to say from March 15th to April 15th 2020 ».
Compagnie de Phalsbourg will also keep monitoring closely its sites and will ensure maximum security and safety to protect shops and stocks.”
Freeport Retail joins Philippe Journo and his team to wish our clients the best during the ordeal we are collectively facing.
For further information contact: ir@freeportretail.com
Openning THE VILLAGE, at VILLEFONTAINE