I. Real estate 1. Occupancy permit (separate article) During the period of an epidemic threat or epidemic state declared due to COVID-19, the provisions of the construction law regarding the need to obtain a decision on an occupancy permit do not apply if:
During a press conference, the Prime Minister and the President of the National Bank of Poland presented the assumptions of the prepared financial shield for companies. The presented proposals assume the provision of "live cash" to companies, which is intended to prevent job losses and ensure financial liquidity. The program includes
We attach an updated summary of the most important provisions of the shield, with our assessment of the missing solutions, along with links to the content of legal acts as of April 7, 2020. Download the document
Anti-crisis shield, current status: The draft of the so-called Anti-crisis shield was adopted by the Sejm on March 28, 2020, with some modifications. Link to the bill submitted to the Senate - https://www.senat.gov.pl/download/gfx/senat/pl/senatdruki/10769/druk/96.pdf Today, the Senate is working on the bill, most likely tomorrow the content of the bill will be
Among other things, the Sejm received an amendment to the so-called Anti-Crisis Shield, which proposes a solution regarding lease agreements. During the period of the epidemic and the ban on commercial activities in large-scale stores, affected tenants will be faced with a situation in which
RICS Polska has published and sent an alert to the Ministry of Development, its members, and banks containing recommendations related to the performance of valuations by RICS valuers in connection with COVID-19. The document is also important for valuation recipients. PINK supports the recommendations presented.
In the context of solutions important for the commercial real estate industry, the following should be mentioned: maintaining the provision providing for a reduction by 90% of rent for tenants in large-scale commercial facilities whose activity has been prohibited or limited due to the declared state of epidemic threat or state of epidemic;
The Ministry of Development is working on a draft of the so-called "protection act" in connection with the outbreak of coronavirus in Poland. The proposed regulations are intended to improve the financial situation of entrepreneurs in the face of the planned introduction of a state of epidemiological threat (we will immediately inform you as soon as such a state is introduced).
letter of March 20, 2019 to the Minister of Investment and Development download document
