Commercial property rent collection has recovered to near pre-pandemic levels, new data from Remit Consulting has found.
Property owners collected 77% of rent due on September quarter day, with occupiers paying 88% of the total amount owed during the week afterwards. That compares with the same point in 2019, when 90% of outstanding rent was paid within the week.
The Times (£)
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
