When the COVID pandemic hit the UK’s shores just over two years ago, a wave of uncertainty washed over the country’s commercial property industry.
To help navigate these turbulent times, CREDIA began regularly reporting important insights and market commentary to both its clients and the wider industry. This allowed property professionals to not only benchmark their own performance against the market, but also stay on the pulse with its evolving dynamics.
This report summarises our findings over the past two years across a number of key metrics including key rent collected, assistance provided by landlords, arrears, and vacancy rates.
Timeline of Key CRE Events in 2020
Rent Collection Performance
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.
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.