Re-Leased news and archive

Landlords collect just 21 percent of commercial rent owed on March quarter day

Landlords have received just 21 percent of commercial rents due on March quarter day, new data shows. It marks a decline on the previous two quarters, suggesting the UK’s third lockdown has caused the rate of rent collection to soften after seeing some positive growth at the end of last year. That’s according to the latest figures from...

Retail

UK retailers pay just 12.7 percent of rent owed on September quarter day

Retail landlords have collected just 12.7 percent of rent due on 29 September, this quarters’ rent day, new data reveals. That’s a 1 percent decline compared to June quarter day. Retail was still the hardest hit sector, and the only one to see rent collection decrease compared to the previous quarter, with offices and industrial assets both...

Retail

UK retailers have now paid 60 percent of rents owed for June quarter

Retail landlords have now received 60 percent of rents due for the June quarter, new data shows. It’s a marked improvement from the 13.8 percent paid by the retail sector on June’s rent day, but still lags behind the industrial and office sectors performing significantly better at 75 percent and 76 percent, respectively. Overall, commercial...

RetailFeatured

Retailers pay just 13.8 percent of rents owed on quarter day

Just 13.8 percent of retail property rents were paid for this week’s quarter rent day, new data reveals. That compares to 19.8 percent paid for the previous quarter rent day in March and again highlights the extent to which the fallout from Covid-19 is affecting the sector. Retail was the most heavily impacted sector, compared to industrial...