Commercial subletting in Luxembourg: speculation is back
Commercial lease in Luxembourg: speculation on subletting is back
Since 2018, Luxembourg law no longer allowed tenants under a commercial lease to sublet their premises at a profit.
It was therefore common, in Luxembourg City for example, for commercial companies to sublet at up to three times the rent paid to the landlord.
However, in a decision of 23 December 2022, the Luxembourg Constitutional Court called into question this principle, which prohibited such speculation.
Subletting: a source of real estate speculation with uncapped rents?
To find out more, read the article by Me Saliha DEKHAR:
https://www.linkedin.com/feed/update/urn:li:activity:7018852820254629888
On this subject, read the interview with Me Saliha DEKHAR in the magazine Paperjam:
La spéculation par la sous-location remise sur le tapis par la justice | Paperjam News
#Luxembourg #CommercialLease #Subletting #Speculation #Rent #Landlord #Tenant
Maître Saliha DEKHAR
Étude SD LAW – Luxembourg