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Stock impact report

Sharp contrast as REITs see drops in retail rent payments, but only modest declines for residential [Toronto Globe and Mail (Ontario, Canada)]

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Sharp contrast as REITs see drops in retail rent payments, but only modest declines for residential The Yonge-Eglinton Centre in Toronto, owned and managed by RioCan, is seen on April 22, 2020. For RioCan, there has been a notable residential-retail divide during the COVID-19 pandemic. Melissa Tait The Yonge Eglinton Centre in Toronto, owned and managed by RioCan, is seen on April 22, 2020. RioCan said it has approved roughly $15-million in April rent deferrals, amounting to 17 per cent of total gross rents that month. Melissa Tait/The Globe and Mail The Yonge-Eglinton Centre in Toronto, owned and managed by RioCan, is seen on April 22, 2020. For RioCan, there has been a notable residential-retail divide during the COVID-19 pandemic. The Yonge Eglinton Centre in Toronto, owned and managed by RioCan, is seen on April 22, 2020. RioCan said it has approved roughly $15-million in April rent deferrals, amounting to 17 per cent of total gross rents that month. Real estate investment t Show less Read more
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