The Coronavirus epidemic doesn’t spare the real estate industry. This can especially be witnessed due to the numerous missed rent payments which constitute a challenge for real estate investors. The legal consequences of the current situation with regard to rent have already been discussed in depth. However, real estate fund managers and their asset managers are also facing regulatory issues: How can real estate funds currently be evaluated? Are contractual or statutory exceptions an option? Is this a situation which requires exceptional evaluations of properties? And which degree of (regulatory) discretion do fund managers and their asset managers enjoy during negotiations with tenants concerning a deferral of rent payments and/or the use of rent securities?