Coronavirus disease 2019 (Covid-19) has a grave impact on life and business around the world. In these blogs we explore how the real estate market is affected, and the measures that are advisable for investors and financiers to mitigate the risks.
15 April 2020 - Implications of COVID-19: MAC and MAE provisions in Dutch real estate transactions The current market conditions are unprecedented, leading many buyers, sellers and financiers to reconsider envisaged acquisitions, divestments and financing.
- 8 April 2020 - Implications for commercial landlords and tenants: a brief comparison of the German, UK and Dutch systems
In response to the COVID-19 pandemic, the German federal government recently introduced a legislative package providing for far-reaching amendments. The new legislation took effect on 1 April 2020. The new German legislation is, in essence, similar to the UK's Coronavirus Act 2020. Both prohibit the termination of certain leases during the COVID-19 crisis, banning the forfeiture of leases for arrears of rent during the pandemic.
- 6 April 2020 - With retailers in crisis, the UK and the Netherlands choose different approaches regarding rent. In the article: "Real Estate: Implications for commercial landlords and tenants", David van Dijk argues that neither the UK nor the Dutch system can resolve the current issue of landlords expecting payment of rent from tenants that are either unwilling or unable to do so.