Standard Life Investments Property Income Trust collected just 66% of payments on quarter rent days in England and Scotland.
After monthly payments it expects this figure to rise to 74%.
More than half of its portfolio is made up of industrial assets (52.3%), with offices making up 31.9%, retail 8.5% and other commercial assets 7.3%.
It collected 65% of rents on industrials, 72% of its office rents but just 60% of retail and 39% of rents for leisure occupiers.
SLIPIT reported a 4.9% like-for-like valuation drop to £458.6m at 31 March.
Retail assets declined by 7%, industrials dropped by 5% and its office portfolio was down by 4.1%.
To send feedback, e-mail emma.rosser@egi.co.uk or tweet @EmmaARosser or @estatesgazette
