COVID-19 has resulted in business risks and lease concessions. What does a lessee need to consider in accounting for these?

The answer to this question will vary on a case-by-case basis. Impacts of COVID-19 may warrant a reassessment of lease assets and liabilities, as well as overall property strategy. If you're a tenant looking for support to make decisions factoring in business risk and chronic uncertainty at this time, feel free to get in touch.