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Haben wir eine Lösung ? … oder werfen wir weiter mit Paragraphen um uns ? – Mieter und Vermieter in der Diskussion.“

If tenants experience a substantial drop in turnover–25% or more – they can convert the quarterly advance payment of rents into monthly rents and, if necessary, can request a month by month rent deferral, provided they substantiate their request with information regarding turnover.

Covid-19 will sustainably change the European retail, retail real estate, and placemaking industry. The crisis’ dramatic impact will be felt for months, if not years. But what are the solutions we have available in this phase or reorientation? Which measures must be taken to find the way back to long-term success? It seems quite clear that, ultimately, the only chance for all stakeholders is reinforced, open, and transparent collaboration.

“The lessor & lessee relation reflected in traditional lease models we are currently familiar with will transform into partnership models where risks and benefits will be shared.”

“As far as offline is concerned, we can expect consumers to be increasingly sensitive to emotions versus price, quality versus quantity as well as health and proximity.”

“The only good news for stationary retail is that the “digital natives” (can) seize their opportunities only to a certain extent.”

“How an old fable about the importance of unity can help center landlords and tenants thrive in the face of the coronavirus crisis.”

“The corona pandemic reveals and emphasizes, among others, the very simple basic fact which is crucial to a healthy business survival illustrated by the dependency of all different business parties on each other’s survival.”

IKEA has long promised to stand by the side of the many people. Today, during the unprecedented coronavirus pandemic situation, it is true more than ever.

The corona virus pandemic and the related measures represent an entirely new and unexpected situation for the entire real estate market, with a global scope and a major local impact on everyone. According to Cushman & Wakefield Czech Republic, retail is one of the most affected sectors, yet it should also play a pivotal role in re-starting the economy.

Due to the Covid-19 pandemic AFI Europe, the largest shopping center project to be delivered this year in Romania will not be opened as planned.