Wednesday, 20 May 2020

Add office tenants to the list of those not paying rent

Nothing is sacred during a pandemic and that includes office rents. About a month into the coronavirus pandemic, landlords were still reporting strong rent collection from office tenants, even as residential collection waned and retail payments plummeted. But now mortgage lenders are beginning to see office tenants miss rent payments, the Wall Street Journal reported. The change comes as surveys show that companies foresee office footprints shrinking because of widespread working from home. One example



source https://therealdeal.com/2020/05/20/add-office-tenants-to-the-list-of-those-not-paying-rent/

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