The owner of the property in Meppel has filed a petition with the court to have D-Reizen's parent company declared bankrupt. The travel company D-rt Retail has proposed to the landlord to reduce the rent by 75% in the coming months. The company follows the example of other companies who believe that they should put the real estate market under pressure due to the corona crisis.

Despite the travel industry being hit hard by the corona crisis, there is no reason to unilaterally decide not to pay the rent anymore. The owner in Meppel has therefore rejected the proposal and goes to court because he has not received rent for months. As a creditor, he has now filed for bankruptcy, but in the meantime, the travel company has filed summary proceedings to enforce the rent reduction through the courts. 

Part of the requested rent reduction has been granted because, in the court's opinion, the current circumstances are exceptional. However, the owner can reverse the judgment in a basic procedure. The owner of the travel agency indicated during the hearing that the industry and the sale of holidays have come to a complete standstill.

Attempts are now being made to obtain additional financing from the banks to cough up the turnover loss of more than 90%. More than 300 people work at the 1400 locations. Most landlords have entered into a conversation with the travel organization, but the landlord in Meppel opposes any arrangement that adversely affects him.

Also read: Bankruptcy petition D-trips withdrawn by landlord