Derwent pulls in more rent, but retail collections remain low

Derwent White Chapel Building E1

Derwent London has collected 80% of rents due so far from the September quarter day, but less than half of retail tenants paid on time as the pandemic continues to batter high streets.

The September collection rate was higher than both the quarter days in March and June. To date the group has received 83% of office rents, an 11% improvement over the equivalent figures released on 7 July for the June quarter and 6% higher than March.

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