Retail property sector in trouble
The retail property sector in Europe is seeing a fierce competition , After the government imposed lockdown. supermarkets are refusing to pay rents to Landlord and property companies, most retails have all their stored closed but they will still have to pay rent, many of them who are already with financial difficulties are to appointing an administrators, retail landlords should have collected 1.4 billion euros in Europe. where some other companies could only collect only 30% of the rent.
