The spread of COVID-19 has created extraordinary economic and market conditions.
To help our clients navigate this uncertainty, Colliers Real Estate Management Services (REMS) undertook a national assessment of all the tenants in our managed portfolio of over 67 million square feet across Canada. We surveyed 7,100 tenants across every province except Prince Edward Island, with a makeup of 19% retail tenants, 27% industrial tenants, and 54% office tenants.
This risk assessment is continuing and we will release ongoing reports that will analyze how COVID-19 is impacting tenants and overall portfolio risk as the pandemic continues to affect businesses across Canada. This report examines the key drivers behind rent relief requests for April 2020.
Get more information and download the full report here.