On 8 January 2021, First Instance Court number 20 of Barcelona handed down Judgment No. 1/2021 in which it declared that the doctrine of “rebus sic stantibus” was applicable, and considered a 50% reduction in the rent agreed in the framework of various industrial leases on properties intended for tourist accommodation to be necessary due to the COVID-19 health crisis.
In particular, the lessee’s business was affected by the Health Crisis insofar as it was completely suspended from March to May 2020 and has only resumed to a very limited extent to date.
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