The quarterly rent days produce a sense of trepidation for occupiers and the retail property industry.
To offset any potential impact from them, retailers tend to take decisive action to cut their overheads, and many were expected to resort to more drastic measures such as a pre-pack or CVA prior to the latest quarterly rent day, 25 March.
More retailers have turned to monthly rents in recent years, but quarterly rent days do still bite. In this podcast, EG discusses what has been happening in the retail occupier space in the run-up to the latest quarterly rent day, and how these decisions are affecting real estate.
