Tag: Covid-19
Colliers Canada : 16% of commercial tenants did not pay rent...
16% of Canadian commercial tenants paid no rent in May 2020 as rent collection continues to decrease during the COVID-19 pandemic, accroding to the...
Moody’s Analytics Forecast: Resurgence of COVID-19 could cause global economic depression
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...
SL Green collects majority of rent during COVID-19 pandemic
SL Green Realty Corp., a fully integrated real estate investment trust and an S&P 500 company, has collected the vast majority of its property rents...
JCPenney reopens 150 stores across U.S
JCPenney reopened 150 stores in 27 states, bringing the total to 304 reopened stores nationwide after temporarily closing due to the Coronavirus (COVID-19) pandemic....
Tuesday Morning files for bankruptcy protection
Off-price retailer Tuesday Morning Corp. has filed voluntary petitions for protection under Chapter 11 of the Bankruptcy Code in response to the strain the...
Facebook Canada launches grant program and new supports for small businesses
Facebook Canada today unveiled several new initiatives to support small businesses impacted by COVID-19. The announcement includes nearly $3.5 million in grants, virtual training...
Coronavirus hits German economy hard
The corona pandemic has hit the German economy hard. According to the Federal Statistical Office (Destatis) report, the gross domestic product (GDP) in Germany decreased...
U.S. hotel industry reported unprecedented lows during April 2020, says STR
Due to expanded restrictions around the COVID-19 pandemic, the U.S. hotel industry reported unprecedented lows during April 2020, according to data from STR.
In a year-over-year...
Williams-Sonoma extends temporary closure in US and Canada
Williams-Sonoma, a specialty retailer of products for the home, announced that it will extend its temporary closure of U.S. and Canada stores through May...
Wells Fargo announces efforts to keep people housed in response to...
Wells Fargo & Company (NYSE: WFC) today announced additional efforts to help people stay in their homes with funding for more than 500 nonprofits...
CBRE : Most employers favor phased return to workplace, adding touchless...
Most companies included in an analysis by CBRE plan to take a gradual, cautious approach to bringing employees back to their workplaces as governments begin to...
RICS launches COVID-19 recovery guidebook for buildings
RICS (Royal Institution of Chartered Surveyors), Vanke Service | Cushman & Wakefield (a joint venture of Vanke Service and Cushman & Wakefield), and Shanghai...
