In April 2020, the most common terms that Russian business tenants were willing to negotiate about with their respective landlords during the crisis caused by the coronavirus (COVID-19) were a reduction or cancellation of rent for a certain period, as per 47 and 20 percent of respondents, respectively. Only two percent of the polled entrepreneurs revealed that they did not need any negotiations regarding payment difficulties.
In case you face difficulties caused by the coronavirus pandemic, what will you negotiate with the landlord in a first place?
Characteristic
Share of respondents
Reduction of rent for a certain period
47%
Complete cancellation of rent for a certain period
30%
Exclution from the contract or deduction of penalties for delayed payments
7%
Other
5%
Difficult to answer
5%
Switching to a variable rental rate (e.g. as percentage of revenue)
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NAFI Research Centre. (April 24, 2020). In case you face difficulties caused by the coronavirus pandemic, what will you negotiate with the landlord in a first place? [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1114730/common-negotiations-for-business-rentals-during-covid-19-in-russia/
NAFI Research Centre. "In case you face difficulties caused by the coronavirus pandemic, what will you negotiate with the landlord in a first place?." Chart. April 24, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1114730/common-negotiations-for-business-rentals-during-covid-19-in-russia/
NAFI Research Centre. (2020). In case you face difficulties caused by the coronavirus pandemic, what will you negotiate with the landlord in a first place?. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1114730/common-negotiations-for-business-rentals-during-covid-19-in-russia/
NAFI Research Centre. "In Case You Face Difficulties Caused by The Coronavirus Pandemic, What Will You Negotiate with The Landlord in a First Place?." Statista, Statista Inc., 24 Apr 2020, https://www.statista.com/statistics/1114730/common-negotiations-for-business-rentals-during-covid-19-in-russia/
NAFI Research Centre, In case you face difficulties caused by the coronavirus pandemic, what will you negotiate with the landlord in a first place? Statista, https://www.statista.com/statistics/1114730/common-negotiations-for-business-rentals-during-covid-19-in-russia/ (last visited August 24, 2024)
In case you face difficulties caused by the coronavirus pandemic, what will you negotiate with the landlord in a first place? [Graph], NAFI Research Centre, April 24, 2020. [Online]. Available: https://www.statista.com/statistics/1114730/common-negotiations-for-business-rentals-during-covid-19-in-russia/