The thinning line of rental collection in April - 2020

Ta x R e d u c t i o n s E x p e r t s

The thinning line of rental collection in April - 2020

What’s the reason for decreased rent collections?

We all are well-aware of COVID-19 that is creating sudden tumble in financial markets.

The COVID-19 provoked

The

an unexpected outbreak

thinning

which led many retailers

amongst many businesses

to pay just half of the

all over Texas.

rental payments.

half-payments the

cash

are flow

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

Thank you!

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