Shop Rents in Pakistan Are Higher Than the US
From the Blog propakistani Paying rents for shops is a huge burden on business owners in Pakistan considering the skyrocketing rates set by landlords. These increased rents have prompted a number of businesses to set up online stores or close them off altogether after failing to balance the payments. According to the CEO of Cotton and Cotton, Alam Najiullah, the rents charged by greedy landowners in big shopping malls are higher than those of the US. If we operate any longer, the landlord will consume us. Sharing his personal experience in an interview with a local news outlet, he claimed that 1,000 sq. m shops can be rented for $5,000 in the US, however, they were being charged Rs 850,000 a month in Pakistan, which is why they have decided to shut down their physical business and shift totally to e-compakistanblogs.blogspot.comRead Full Post
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