- The bill to reform commercial leases currently being debated in parliament does not solve all problems faced by retailers, but it is a move in the right direction; that’s according to Tess Burton, the LSAP MP who is rapporteur for the bill. The legislation would introduce open-ended leases and end extra “key money” payments to landlords. Both the Competition Council and Union Commerciale de la Ville de Luxembourg, which represents retailers in the capital, have expressed their doubts.
- The possibility of having one million residents in Luxembourg is both an opportunity and a challenge, particularly when it comes to maintaining social cohesion, writes Serge Allegrezza, chief of the statistics agency Statec, in a blog post.
- After 40 years in the central train station, the “Buffet de la gare” sandwich and snack restaurant, which employs 24 staff, is set to close its doors at the end of the year. Its lease will not be renewed by the national railway’s real estate arm.
- Picture of the day: Cloche d’Or’s crane-rich skyline.
- Tesla has sold more than 300 cars since the American electric automaker set up shop in Luxembourg, in September 2016, according to An De Pauw, country manager Benelux. She told Paperjam that the firm “hopes to double that volume by May 2018.”
Tess Burton, the LSAP MP who is rapporteur of a commercial real estate reform bill, has said the legislation will not face a final parliamentary vote before local elections on 8 October. Maison Moderne (archives)