RENT COLLECTION, NAV AND DIVIDEND DECLARATION The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of UK commercial property assets, predominantly let on long leases, provides a trading and business update and declares an interim dividend for the quarter ended 31December 2020 . Rent collection In respect of the March, June and September 2020 rent quarters, the Group has collected 91.4% of rents due and payment plans are in place in respect of the remaining 8.6%.
The current quarter's rents are split 80% quarterly and 20% monthly. By the end of January 2021, the Group had collected 80.4% of its December 2020 quarter's rent and agreed, or is in the process of agreeing, rent concessions with the remaining 19.6%.