In the case of tenant bankruptcies, I believe the REITs that will receive the greatest impact are REITs with one or few tenants. Hence, I will be focusing on REITs with high Top tenant contributions here.We will explore together whether the tenants which pays the bulk of the rental the REIT receives has a sustainable business or not. First up, we have Elite Commercial GBP REIT (ECG REIT). Elite Commercial REIT (ECG REIT) - 99% revenue from top tenant
ECG REIT is at top of the list, with their properties 99% leased to the UK Government. Particularly, these are government agencies which includes Secretary of State for Housing, Communities and Local Government, entities which are constituted under the Crown Body. Key occupier is Department for Work & Pensions (DWP) which operates Jobcentre Plus Centres in UK. These Jobcentre Plus Centres help people people find work through services such as...