COVID-19 Rent Collection Impact Report reflects real-time trends for commercial rent payments.
We are sharing this data to highlight the significant impact that COVID-19 has had on the commercial property market in the United Kingdom. We will be regularly updating this dataset to enable property professionals to benchmark their position, as well as providing relevant and accurate insights into the commercial property market during these uncertain and fast-moving times.
Explore the breakdown in commercial trends for:
There is notable cash collection variance across asset classes, however. Comparing rental collection 10 days after the March quarter date to its two-year average, office assets have proved most resilient.
This data has been collected, anonymised and aggregated from over 10,000 properties and 35,000 leases in the UK. Re-Leased Software Company Ltd are confident in the validity of this data as its formation is a direct result of bank statements entries being matched and reconciled to rental invoices.
Wherever the term ‘Baseline’ is used in the report, it refers to an aggregation and average of rental collection rates for invoices due on the first of each month between April 2018 to February 2020 (AUS and NZ) or an average of each traditional quarter day between 25 March 2018 and December 2019 (UK).
All data that has been aggregated for this report is in line with the following Re-Leased Terms and Conditions as at the time of publishing.