BID- Bundesarbeitsgemeinschaft Immobilienen Deutschland- GERMANY

The BID is calling for a mutual support and simple solutions for tenants and landlords.

The covid-19 pandemic could impact dramatically the commercial real estate either causing a sudden drop in the income of tenants, impeding them to keep their apartments, or putting landlords into a difficult situation due to such payment defaults.

In such a difficult context, the Federal Association of Real Estates in Germany advises worried tenants to contact their landlord as early as possible in the event of significant to complete loss of income. This can be particularly the case for self-employment, temporary employment or an artist’s case, so that the landlord can search for solutions early, depending on their own location.It must not happen that people in such a situation also have to worry about staying in their home and it will be important to develop a sense of community.

The associations BFW, GdW, IVD, VDIV, vdp and ZIA work togetherin order to jointly represent content-related positions more effectively in public. With the BID, politicians and other economic sectors as well as other associations have a supportive and assertive real estate partner at their side.

Website: www.bid.info

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