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Strategies & Market Trends : Value Investing

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Lance Bredvold

To: Grommit who wrote (65835)	12/28/2020 2:13:53 PM
From: Elroy	1 Recommendation Read Replies (1) of 78954

For the full third quarter of 2020, we collected approximately 98% of contracted rent and as of October 31, 2020 we have collected approximately 98% of October rents. How can almost everything office related by closed, and most office workers are working from home, yet this company collects almost all their rent and has zero issues related to the Covid shutdown? Are the offices really being used, or is insurance covering these payments, or.....what's going on under the covers? It doesn't make sense that an "office reit" would feel no impact from the work from home situation.

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