Ebook

Commercial Rental Monitor 2020 Q1

Commercial

Lockdown Edition: The lockdown period’s impact on commercial tenant payment performance to date has been severe. This was exacerbated by the fact that the tenant population was already experiencing pressure from a multi-year economic stagnation in the run-up to the crisis. The percentage of commercial tenants in good standing declined further in the first quarter of 2020 which was largely prior to the late-March start of national business lockdown.