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Investegate |Derwent London PLC Announcements | Derwent London PLC: ACQUISITION OF TWO PROPERTIES & NEW JV

Investegate announcements from Derwent London PLC, ACQUISITION OF TWO PROPERTIES & NEW JV ....

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Investegate |Derwent London PLC Announcements | Derwent London PLC: Directorate Change

Investegate |Derwent London PLC Announcements | Derwent London PLC: Directorate Change
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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Derwent London collects just a quarter of retail and hospitality rents in December

Landlords suffer slump in retail and hospitality rent collection in December
Commercial landlords struggled to collect rent owed by retail and hospitality tenants in December, as the sectors continued to be hit by the impact of lockdown restrictions on trading.
Landsec – the UK’s largest commercial property development and investment firm – collected just 65 per cent of the £112m due in December, compared to a rate of 94 per cent in 2019.
Meanwhile, Derwent London said this morning that it collected only 26 per cent of the rent it is owed last month by its retail and hospitality occupants amid a backlog of payments. ....

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