LUXEMBOURG: SPECULATION IS BACK FOR COMMERCIAL SUBLETTING!

Since 2018, Luxembourg law no longer allows tenants of a commercial lease to sublet their premises while generating a profit. 

It was common, in Luxembourg City for example, for commercial companies to sublet up to 3 times the price paid to the lessor.

However, in a decision of 23rd December 2022, the Luxembourg Constitutional Court challenged this principle prohibiting such speculation.

Subletting: a source of real estate speculation with no capped rents?

To find out more, read the article by Saliha DEKHAR:

https://www.linkedin.com/feed/update/urn:li:activity:7018852820254629888

On this subject, discover the interview of Me Saliha DEKHAR in the magazine PAPERJAM:

La spéculation par la sous-location remise sur le tapis par la justice | Paperjam News

#Luxembourg #Lease #Speculation #Rent #Lessor #Subletting #Tenant

Maître Saliha DEKHAR

Etude SD LAW - LUXEMBOURG