• auctusgroup

REITs continue to receive rent even as some tenants struggle

US REITs continue to receive most of their monthly rents from tenants, although challenges are particularly apparent in the retail sector, according to a survey by Nareit. "The survey results suggest that, while REIT tenants in some hard-hit sectors continue to struggle, their ability to pay May rent didn't appreciably worsen, despite the widespread business closings in April," says Nareit's John Worth. Full Story:CNBC(5/19)


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Retail Update for 9/4/2020

Grocery Chain LIDL Plans to Open 50 New Stores on East Coast by 2021 Dick's Sporting Goods Reports Record Earnings, 194% Increase in E-Commerce Sales Target reported a 24.3% increase in total digital

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