07:00 Thu 08 Oct 2020
Secure Income REIT - Update on rent collections
Secure Income REIT Plc
("SIR", "the Company")
Update on September quarter and October monthly rent collections
Secure Income REIT Plc provides the following update on the collection of rents due up to the date of this announcement, following the end of the rent collection cycle for the September quarter and October monthly rents.
100% of the
The rent adjustments agreed in support of certain of our tenants facing challenges as a result of the pandemic are as follows:
Rent reduction
● Following the Travelodge CVA, rents have been reduced in 2020 and 2021 after which rents return to the levels originally contracted for the period from
Rent deferral
● Rents due in respect of the Merlin leisure assets for the June and
Monthly rents
● Of the
Only 0.1% of the annualised gross rent roll is outstanding in total for any current and prior rent due dates.
For further information on the Company, please contact:
Secure Income REIT Plc Nick Leslau
|
+44 20 7647 7647 |
Stifel Nicolaus Europe Limited (Nominated Adviser)
|
+44 20 7710 7600 |
FTI Consulting (PR Adviser) Eve Kirmatzis |
+44 20 3727 1000 |
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