Restrictions on commercial landlords’ remedies during the pandemic: welcome breathing space, or a bridge too far?
One welcome upshot from the pandemic has been the overwhelming desire of many tenants and landlords to work together to find a solution to the impact of business closures and social distancing. Tenants have cashflow issues so have sought concessions; landlords themselves require income, but appreciate that tenant insolvency and empty properties are not attractive propositions when there is hardly a clamour for additional space.