Now cash-constrained, REITs face “potential existential crisis”

Covid-19 has been battering real estate investment trusts, some
of which have had to shut down hotel, mall and other properties to
prevent the spread of the virus. The closures have strained the
cash flow of those companies, which are required to pay out the
vast majority of their taxable income to maintain their REIT
designation. The financial challenges caused by the new coronavirus
is causing some REITs to change — or delay — paying

Source: FS – All – Real Estate News 2
Now cash-constrained, REITs face “potential existential crisis”