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Derwent London Collects 93% Of Total March 2021 Quarter Rent

Derwent London Plc. (DLN.L) said that it has now collected 93% of its total March 2021 quarter rent, up from 87% from when it last reported 13 April 2021, with a further 4% expected to be received this quarter.

The company has now collected 95% of office rents for the March quarter with another 4% due later in the quarter. These are the strongest rent collection numbers since the start of the pandemic with office collection rates close to pre-pandemic levels.
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The company reported vacancy rate of 2.3% remains low, up from 1.8% in December 2020

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