SEGRO collects 98% of rents in 2020

SEGRO collects 98% of rents in 2020

UK Real Estate Investment Trust (REIT) SEGRO continued its strong rent collection for the full year to 31 December 2020 and the first quarter of 2021.

In a stock exchange update, the company said, for the year ending 31 December 2020, to date it had collected 98 per cent of all rents.

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”In respect of UK rents payable in advance relating to the first quarter of 2021, as at 14 January, we had received 88 per cent of the £63 million of rent due,” said in the statement.

This represents a higher collection level than at the equivalent time in each of the three previous quarters, aded the company.