Porto Vivo, SRU determines full rental-exemption to commercial tenants
Article
Miguel Nogueira
The municipal company Porto Vivo, SRU implemented, as an immediate measure, the full exemption of rentals by tenants of commercial buildings and service operation areas as a support for any losses that directly result from the obligation to close doors.
This measure was approved in the scope of the restriction measures to fight the Covid-19 pandemic and it will be in place till 30th June 2020.
This was approved by the Municipal Executive to support families and social and economic agents; also, there is also the approval of a strategic policy to municipal companies to adopt similar measures in the fields of their competences.