COVID-19 Impacts on Reit Rent Collection & Unit Value

REIT Rent Collection and Unit Value  ARTICLE
COVID-19 has had one of the most pronounced impacts on the retail commercial real estate market segments, with rental deferrals and exposure to various retail asset types dragging down publicly traded REIT unit values. As at April 24, 2020, all but one of the major publicly traded retail oriented REITs had sold off to a greater degree than the overall TSX.

Learn more and download the complete REIT Rent Collection and Unit Value analysis.

For More Information, Please Contact:
expert photo

Rob Purdy

Senior Director

Toronto Downtown

Rob Purdy is a real estate professional and an  Accredited Appraiser with the Appraisal Institute of Canada having 10 years experience in the valuation of institutional grade assets.  Rob began his real estate career within the brokerage world, underwriting investment opportunities for potential buyers and sellers.  After several years in investment brokerage,  Rob decided to leverage his core strength of underwriting and interpretation of financial statements towards completion of his AACI.    

Since achieving his AACI designation in 2014, Rob has continued to hone his underwriting skills with respect to institutional grade assets, particularly retail.  Rob's brokerage roots have allowed him to develop a vast network of lenders, owners and brokers in order remain abreast of current market trends and recent transactions.   In his current capacity as Senior Director, Rob manages and particapates in local, regional and national mandates, priding himself on prompt delivery and transparent client communication.  


 

View Expert