In this article, you'll learn:

• How COVID-19 has reshaped the landlord-tenant relationship
• The importance of cooperation in negotiating lease adjustments
• Shared safety concerns and new protocols for office spaces
• The role of government support in easing financial pressures for both parties

The COVID-19 pandemic has created widespread change throughout the world, impacting the way we work, travel, shop, and simply interact with one another. Of course, it’s also had massive implications for commercial real estate as tenants struggle to pay rent and landlords, in turn, struggle to pay mortgages. 
 
COVID-19 affects different industries in different ways (for example, the healthcare, biotech, and pharmaceutical markets may be less impacted, while business offices and those in the travel and hospitality industry are certainly feeling the pinch). Regardless of industry, the pandemic has resulted in a new type of landlord-tenant relationship.