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ARTICLE · 01 APRIL 2020

Confronting The Challenges Of COVID-19: A Commercial Leasing Perspective

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The emergence and growth of COVID-19 cases across the globe has presented unprecedented challenges for numerous industries around the world, including the commercial leasing industry.

CanadaCoronavirus (COVID-19)
Kenneth Pimentel
Kenneth Pimentel
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The emergence and growth of COVID-19 cases across the globe has presented unprecedented challenges for numerous industries around the world, including the commercial leasing industry. We are already starting to see some of the impact of COVID-19 on the commercial leasing industry in the form of tenants requesting rent relief and landlord concerns over whether tenants will be paying rent in the coming months. How should landlords and tenants confront the challenges posed by this new reality? The following are some of the more salient issues currently facing landlords and tenants.

Leases in the Pipeline

Many leases and offers to lease are currently at various stages of negotiation. Landlords and tenants are now turning their mind to the status of and timelines in their leases, including:

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