Commercial property giant Land Securities collected 81% of rent in the quarter to June 24(Landsec/PA)Commercial property giant Land Securities – also known as Landsec – collected 81% of rent over the past three months as it hailed the return of more people to workplaces. The Bluewater owner said it has received £77 million in rent payments for the quarter to June 24. The group said there is £18 million of rent outstanding, with £6 million of this relating to customers where concessions have been agreed but documentation is pending. This morning we published our June 2021 quarter rent update. But Mr Allan called on the Government to accelerate this to address tenants who will not negotiate.

Source: Irish Independent July 09, 2021 07:41 UTC