United Projects for Aviation Services Company (UPAC), a specialized commercial real estate and facilities management company, announced that it has waived four months’ rent for all its tenants at Discovery Mall, in consideration of the current circumstances brought on by the COVID-19 pandemic and its economic effects felt by most sectors including small businesses.
This initiative aims to provide support to affected small and medium sized Kuwaiti businesses whose owners are facing various challenges in light of the crisis.
“During these unprecedented times, many smaller businesses are experiencing a number of economic hardships and are in need of assistance and we believe it’s important to find a middle ground to ensure business sustainability in the long term. We have a long standing relationship with our tenants at Discovery Mall and our aim is to continue to support them as best as we can during these trying times,” said Nadia Akil, UPAC Chief Executive Officer.
Discovery Mall is located in the heart of Kuwait City, and hosts a variety of educational, cultural, and entertainment activities that are geared towards children and the youth segment.