The institutional landlord said 60% of its net due rent was paid at the last quarterly rent day June 24, but only 29% of retail occupants had paid within five days.

While this put Landsec in a much better position than the likes of struggling competitors such as Intu and Hammerson, it was still left out of pocket on rent day – having recouped 94% of due rents for the equivalent period last year.

Landsec said 75% of due rent from the March 25 quarterly day had now been received and its office clients continued to be the most diligent occupiers. As of June 30, 81% of Landsec’s office occupiers had paid their due rent.