We all are well-aware of COVID-19 that is creating sudden tumble in financial markets.
The COVID-19 provoked an unexpected outbreak which led many retailers to pay just half of the rental payments.
We all are well-aware of COVID-19 that is creating sudden tumble in financial markets.
The COVID-19 provoked an unexpected outbreak which led many retailers to pay just half of the rental payments.
We all are well-aware of COVID-19 that is creating sudden tumble in financial markets.
The COVID-19 provoked an unexpected outbreak which led many retailers to pay just half of the rental payments.
of rental collection in April - 2020 What’s the reason for decreased rent collections?
We all are well-aware of The COVID-19 provoked The half-payments are
COVID-19 that is creating an unexpected outbreak thinning the cash flow sudden tumble in financial which led many retailers amongst many businesses markets. to pay just half of the all over Texas. rental payments. What all comes under retail? Grocery stores
Supermarkets
Speciality stores
Self-service stores
Co-operative outlets
A chain retailer
Limited Liability Company
Rather than these the retails are broadly
classified into Store and Non-Store based retailing. Chain cycle of COVID-19
The half-payments didn’t stop with
retailers alone. It reached out for a few more sectors causing the whole system to sense the financial struggle.
The mall collections are happening only
at 30% to 40% because most of them are closed or not working.
The owners of various offices and apartments
reported that rental collections have reduced towards 95% rather than what they expected. The big picture
With half paid rentals can lead to
creative destruction which is very powerful.
Most of the businesses are expecting
PPP loans to get back to a firm financial base.
More than 17 mm will run out of jobs
in a few weeks.
COVID-19 has closed stores 10 times
rather than normal days.
The end will be reconstructing the real
estate back again! Ta x R e d u c t i o n s E x p e r t s
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