BHG Retail REIT Undertakes Vigilant Coronavirus Prevention And Control In Its Properties
February 3, 2020- BHG Retail Trust Management Pte. Ltd., as manager of BHG Retail REIT wishes to keep our stakeholders abreast of BHG Retail REIT’s operations in relation to the developments of the Novel Coronavirus (2019-nCoV) in various Chinese cities. BHG Retail REIT has six properties. Of the six properties, four are multi-tenanted, namely Beijing Wanliu, Chengdu Konggang, Hefei Mengchenglu and Hefei Changjiangxilu. The remaining two properties, Xining Huayuan and Dalian Jinsanjiao, are master-leased to BHG Hypermarket Co., Ltd. All existing properties, as well as Badaling Outlets (the outlet mall which BHG Retail REIT is proposing to acquire), continue to operate and to serve its respective communities and customers, albeit with a reduction in operating hours of the properties in line with local government guidelines. BHG Retail REIT will continually review the operating hours of its malls in line with local conditions and regulations.
