June Quarter Report | Day 7 Analysis
Re-Leased 06 July 2020
UK rent collection climbs to 46%, performing like-for-like with March Quarter
In our latest report, we look at the latest commercial rent collection trends as indicated through rent reconciliation for the United Kingdom. This is broken down by:
- Asset class
- Region
- Rent free periods
By 1st July, commercial tenants in the UK had paid 46% of rent, with variations across sectors and regions.
- Retail sector remains hardest hit
- Industrial sector emerging most resilient
- Office sector softens compared to March Quarter
- West Midlands is the strongest performing region
- Credit notes have doubled
