As a portfolio manager with a large property management company, you have seen the value of some of the properties within your portfolio take a hit due to the recent pandemic. So many of the tenants at your office and commercial properties are struggling because businesses have ground to a near halt. As responsible managers, you have had reasons to advise the building owners to offer rent deferrals and other disaster mitigating initiatives to tenants. Understandably, the books of these buildings are not looking good at the moment, but the investors (owners) of the buildings are confident that there are better days ahead.

As the portfolio manager, write a brief report on a hypothetical mall and advise the owners on the following:

1. The possibilities of an increase or decrease in future capital value
2. The examination of present rents with a view to possible increase or reduction
3. The security and assurance of rental income. (5 Marks)