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Derwent London Says Collected 83% Of December Quarter Day Rent And 87% Of Office Rent

Derwent London Plc. (DLN.L) said that it has now collected 83% of its total December Quarter Day rent and 87% of its office rent. Office rent represents about 91% of the Group's total rental income. The collection rates were higher than the June and September 2020 quarters at an equivalent time.

The company said it has now received 83% of the total rent, with a further 3% now expected later in the first quarter and another 5% later in 2021.

Rent-free periods have been granted on 1% of total rents, in the retail and hospitality sectors.

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