Staying on top of tenant income risks
8.08.23
It’s sad to hear of a traditional UK high street retailer like Wilko struggling to remain afloat. It’s bad news for the high street, its employees, and its suppliers. However, landlords renting space to Wilko should not have been surprised by the news. Income Analytics INCANS® solution has tracked Wilko’s deteriorating credit scoring for some time which allows landlords to put in place contingency plans for what best to do with the space should it become vacant. There’s a wide range of scores across UK retailers, as the chart shows. It indicates there is more potential pain to come on the high street. At a time when income is king, investors should stay on top of tenant credit risks across their portfolios.
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