manchestereveningnews.co.uk
city Abu Dhabi
Manchester
Coronavirus
social
guidelines
patient
and
Company
city Abu Dhabi
Manchester
What happens when city centre tenants can't pay rent? Property company owned by council and Manchester City promises 'to be patient'
Reading now: 688
manchestereveningnews.co.uk
manchestereveningnews.co.ukThe property firm run by Manchester Council and Manchester City owners the Abu Dhabi United Group (ADUG) says dozens of its tenants are facing financial difficulties because of the coronavirus lockdown - but promised 'to be patient'.
Manchester Life, the £1bn joint venture launched in 2014, has hundreds of tenants living in developments in Ancoats and New Islington on the edge of the city centre.
Many work in industries heavily affected by the coronavirus crisis such as hospitality and have lost work or are on a reduced income as a result.
As of last night, 55 tenants had emailed Manchester Life to say they are facing financial problems. The dramatic scale of the employment emergency sparked by coronavirus became clear yesterday when it
Read more on manchestereveningnews.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.