Retail Leases Under Covid-19

Retail Leases Under Covid-19

With the aim to avoid the spreading of Covid-19, the DPCM regulation, issued on March 11, 2020 has provided for the closing of non-essential retail shops. The rule is based on the so-called “factum principis”, well-known principle of private law regarding contractual obligations. Specifically, it refers to the inability to fulfill a debtor’s obligation to […]

Milano, via Montenapoleone

(R)evolution in Italian Real Estate Retail Market for “Major Properties Leases”?

A connection between the luxury retail sector and real estate markets has become increasingly evident in recent years. Italian shopping high-streets have conquered world-wide consumers’ confidence (Needless to say that Italian streets offer a selection of clothing, jewelry, watches and beauty boutiques, as well as technology objects, and fabulous restaurants and gourmet shops), thus leading to […]