Craig Cockburn
1 min readMay 13, 2020

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Only 10% of office space in use (BBC)

Office and retail landlord Land Securities has said less than 10% of its office sites are being used as people work from home.

Many companies are struggling to pay the rent, it said, with 63% collected within 10 days in March and early April compared with 94% a year ago.

Things may get worse next month when it comes to rent collection, it warned, as its clients struggle with lower sales.

Its comments came as it reported a £837m loss for the financial year.

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Craig Cockburn
Craig Cockburn

Written by Craig Cockburn

Freelance IT Professional, Lean Agile Coach. Wrote UK's first guide to getting online. Non Exec Director. From Dunblane, Perthshire. www.craigcockburn.com

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