Here is the 4th episode on whether the main tenants of REITs can afford their rents. Any signs of tenants not able to pay their rents is definitely going to cause a dip in a REIT's price, at least in the short term.
Why short term? Well, the REITs still own the buildings, and what is uncertain is whether another tenant takes up the buildings, or is willing to pay a similar rental rate.
You can check out the previous episodes here:
Part 1 - https://www.llamafinance.com/2020/05/are-you-sure-your-reits-dividend-is.html
EC World - https://www.llamafinance.com/2020/06/can-forchn-holdings-pay-off-rents-to-ec.html
Part 2 - https://www.llamafinance.com/2020/07/are-you-sure-your-reits-dividend-is.html
Part 3 - https://www.llamafinance.com/2020/07/are-you-sure-your-reits-dividend-is_11.html
We have covered ranks 1 to 5 so far, including EC World too! We can see the top tenant revenue contribution being lower in the REITs featured in my latest posts. Do visit my past posts linked above if you are interested to see if the more significant REIT tenants are able to afford the rents.
Rank 1: Elite Commercial GBP REIT at 99%...