Rent collection drops at Triple Point as providers face challenges

Rent collection at Triple Point fell below historic levels due to arrears at two of its providers – My Space Housing Solutions and Parasol Homes. Collection dropped to 91.8% from 100%, its full-year results showed, as its 395 leases generated rental income of £39m as at 31 December 2022 (2021: £35.8m). The investor has been…