Industrial tenants able to shrug off covid impacts best, lease data show

Tue, 18 Aug 2020

Industrial tenants continued to be the most desirable though July, with 88 percent of their leases paid on time and above the average across overall commercial leases of 85 percent for the month. This average is up from 80 percent in June but still below the pre-covid monthly average of 90 percent.In its latest rental collection data, commercial property software management company Re-Leased said that retail remained at lower levels on average with 84 percent of rent paid within 30 days in July, with office occupiers at 87 percent. An...

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