In connection with the COVID-19 pandemic, regulations have been passed that have led to multiple business restrictions, mainly affecting retail and services in large commercial enterprises, as well as the hospitality...more
Deutschland befindet sich weiterhin im Lockdown, vorerst bis zum 7. März 2021. Immer mehr Vermieter von Gewerbeimmobilien sehen sich dem Verlangen nach einer Mietreduzierung von Mietern ausgesetzt, die mit Umsatzeinbußen...more
Last November 18, 2020, the validation of Decree-law 34/2020, of 20 October, was published. This Decree-law has an important impact on industrial and commercial leases as it may allow tenants to request rent reductions or to...more
When a commercial tenant leases space in a shopping center or mall, a primary consideration for the tenant is the expected benefit to their business of the foot traffic from the customers that will be attracted to the other...more
Key Messages - COVID-19 constitutes a Force Majeure event - if epidemics or pandemics are expressly provided for in the agreement as qualified Force Majeure circumstances and - if acts or orders of the German...more