IEL 2.06% $15.89 idp education limited

why sell?, page-18

  1. 4,567 Posts.
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    corporate centres and Rent , also a big cost might be higher than executive salaries, will also need to be deferred. IEL has a lot of offices for student placement and also IELTS centres so deferring rent until crisis over will be strongly advised. Most of the tenants in COVID-19 are forgoing or deferring rent. There wouldnt be any alternative tenant due to the extensive fit outs, so the landlord will have to agree.
    Last edited by Nige456: 30/03/20
 
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