Luxembourg City waives three months rent

Faced with the economic difficulties faced by merchants and hoteliers, Luxembourg City has decided to postpone the resumption of rent collection until June 1st, Serge Wilmes (CSV) announced.

The first councilor confirmed that the city renounces not only the income collected during the period of confinement, but also the resumption of activities, at least for companies. Restaurants are currently closed across the country, but some offer a takeaway or home delivery service.

In total, “the income that the City of Luxembourg renounces, to help companies and hoteliers, amounts to about 80,000 euros per month“, indicates the first councilman in charge of trade, that is, a total of 240,000 euros for the period of March to June 2020.

Serge Wilmes clarified that the resumption of rent collection only concerns tenants who can reopen their doors. Therefore, hoteliers can still breathe a little.

 

Source: Paperjam.lu