Landlords collected 22.1% of commercial rents due on yesterday's 29 September quarters’ rent day, marking a positive improvement on the June quarter day, reports Re-Leased, the cloud-based commercial property management platform.
Initial Rent Collection for September Quarter Day Reaches 22.1% But Retail Slips After Govt Moratorium Extension
Initial Rent Collection is up 3.9% Compared to June Quarter Day, But Retail Slipped 1% as Government Extended Moratorium on Evictions, ReLeased Figures Find.
By Paul Norman
CoStar News
September 30, 2020 | 2:04 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In