Leading retail landlords have to date collected less rent following the June quarter day than they did at the March quarter day, with experts warning that negotiations between property owners and tenants are vital to prevent a similar situation in September. Almost a week after the 24 June quarter day, specialist retail REIT Hammerson said it had received just 16%. By this point in March it had collected 37% of rent due. British Land announced it had collected 36% of its retailers' rent so far - it collected 43% in March. In a Property Week poll asking what the average retail landlord would receive at June quarter, more than half of respondents (61.5%) estimated landlords would receive less than 25% of rent due.
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