VEREIT® Provides Company and COVID-19 Update PHOENIX , June 17, 2020 |PRNewswire| -- VEREIT, Inc. (NYSE: VER ) ("VEREIT" or the "Company") today announced updated information on its real estate portfolio and balance sheet in response to the ongoing coronavirus (COVID-19) pandemic. Real Estate Portfolio Update As of June 16, 2020 , VEREIT had received approximately 84% of April rent, 84% of May rent and 82% of June rent, which includes approximately 2% to be paid in arrears by a Government agency tenant. VEREIT is in ongoing discussions with tenants regarding unpaid rent. The property type breakdown is as follows: Property Type April May June Total Retail 86% 86% 86% Casual Dining 27% 37% 29% Quick Service 78% 77% 78% Total Restaurant 49% 54% 50% Total Office 98% 96% 96% Total Industrial 99% 99% 94% Similar to prior months, VEREIT expects to collect additional rent through the end of June which may increase the total percentage collected for the month. VEREIT continues to have one of the highest collection rates as compared to its peers and other retail segments driven by its property type diversification, industry breakdown, investment-grade tenancy, public versus private ownership, and geographic diversity.