Cantonal rent contributions for business premises

21/04/2020 (14:00)
Press release
Government

The Government is drawing up advice in order to be able to pay contributions to rent for business premises. This is supposed to relieve the strain on Basel-Stadt businesses in connection with COVID-19.

The Government decided today to draw up advice and to immediately present it to the Parliament, in order to make payments to landlords of business premises. This is supposed to relieve the strain on Basel-Stadt businesses in connection with COVID-19. The Government is therefore taking up the suggestion of the four social partners in the sphere of commercial rents (Tenants’ Association [Mieterverband], Property Owners’ Association [Hauseigentümerverband], the Swiss Association for the Real-Estate Sector [Schweizerischer Verband der Immobilienwirtschaft] and the landlords’ association [Wirteverband]), and expressly welcomes their initiative.

Contributions should be paid to landlords with their place of business in the Canton of Basel-Stadt, who have agreed on a reduction in rent of at least two thirds of the gross rent with their tenants for the duration of the emergency measures. The advice that is to be drawn up seeks to reach a settlement where landlords, tenants and the Canton each undertake to pay a third of the original rent. Tenancies with monthly rents up to a maximum of 20,000 francs are entitled to contributions.

Entitlement would exist until the Federal Council’s measures to protect against coronavirus are lifted, but for three months at the longest. The scheme would come into effect retrospectively on 1 April 2020.