The rise of inflation, made worse by the rising costs of energy, transport, raw materials, is weighing particularly heavily on the retail sector, which has already been burdened by the pandemic crisis. Some associations are moving to ask the government to intervene to put a cap on the ISTAT updating of rents, in line with what has already been done by other countries, e.g. Spain (where, in the face of an inflation rate of over 10%, a temporary indexation cap of 2% has been set, but only for residential leases), France (where, in the face of an inflation rate of over 5%, a temporary indexation cap of 3.5% has been set) and Portugal (where, in the face of an expected indexation rate of 5.43%, the cap has been set at 2%).
While waiting for possible government intervention, CDT is assisting its clients to moving ahead, pursuing a solution shared with the landlords, which will help deal with the situation and prevent new disputes from arising, so that operators can profitably focus on their business rather than on problems and legal disputes. The pursuit of an agreement with landlords appears to be the preferable solution from this perspective.
Over the last 20 years CDT Legal has assisted more than 40 brands in the development of their retail business and, notably, in the opening of thousands of shops, thus gaining extensive expertise in negotiating commercial leases.