The original article can be found here.
Article highlights:
- Nearly two-thirds of commercial property tenants who are in arrears have not paid some or all their rent for more than two months – and some are more than six months are in arrears;
- Commercial property tenants who are more than two months in arrears had increased from 54.5% to 63.6%;
- 13.5% of delinquent tenants are now more than six months in arrears;
- The report said since the start of the coronavirus pandemic and related lockdowns, about 442 businesses had entered business rescue.
