{"id":5403,"date":"2020-11-25T15:08:00","date_gmt":"2020-11-25T07:08:00","guid":{"rendered":"https:\/\/aprea.asia\/?post_type=knowledge-hub&#038;p=5403"},"modified":"2025-04-01T15:11:21","modified_gmt":"2025-04-01T07:11:21","slug":"covid-19-and-uk-office-income-what-could-lie-ahead","status":"publish","type":"knowledge-hub","link":"https:\/\/www.aprea.asia\/zh\/knowledge-hub\/covid-19-and-uk-office-income-what-could-lie-ahead\/","title":{"rendered":"COVID-19 and UK Office Income: What Could Lie Ahead?"},"content":{"rendered":"<ul class=\"wp-block-list\">\n<li class=\"\">The COVID-19 pandemic and the ensuing lockdowns\u2019 economic ramifications have caused significant uncertainty over the future of work and rental income from office properties.<\/li>\n\n\n\n<li class=\"\">Nearly 60% of the UK Quarterly Property Index\u2019s office rental income comes from leases that expire or contain a break-clause date over the next five years.<\/li>\n\n\n\n<li class=\"\">A review of lease events showed that in 2019 47% of offices were vacant for one quarter or more after a break clause and 72% were vacant after lease expiry.1 These numbers could rise amid COVID-19, leaving more rent at risk.<\/li>\n<\/ul>","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":true},"kh_category":[30],"class_list":["post-5403","knowledge-hub","type-knowledge-hub","status-publish","hentry","kh_category-thought-leadership"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>COVID-19 and UK Office Income: What Could Lie Ahead? 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