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UK vacancy rates decrease for the first time since 2018
The LDC said this suggests that high streets were not as ‘heavily’ impacted by Covid-19 due to being less exposed to at-risk brands and having a higher percentage of independent occupiers who benefited from additional government support.
In H2 2021, the national vacancy rate declined by 0.1% from H1 2021, landing at 14.4% – the first decline in the UK vacancy rate since 2018, according to analysis by the Local Data Company (LDC).
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