Retail posts strongest rebound in latest Re-Leased figures
Rent collection rates on the due date and after seven days still significantly below pre-pandemic levels
More commercial property owners are collecting rents owed on time
Rent payments from office occupiers are at their worst level since Q3 2020
Average of 82.7% of rents received in the week after September deadline
A 91.7% collection rate is better than during the pandemic, but there’s still a way to go says Remit
Office rent collection rates are the highest, with leisure lagging behind the other sectors
The shopping centre REIT collected just 60% for December 2020
Commercial property rent collection has improved on the previous quarter
The REIT expects full payments for next quarter
Landlords have collected the highest level of rent since the coronavirus pandemic first hit
Total rent collection has risen from 81% to 85%, but retail has lifted by 10%