Geneva landlord agrees to rehouse and protect tenants during renovation

The PKBS pension fund and the Asloca tenants' association reached a deal for approximately 50 residents of Boulevard Carl-Vogt in Geneva, Switzerland.

This agreement follows a January notice that 120 households would lose their apartments due to a 30 million franc renovation project. The deal ensures that displaced residents can return to their original apartments after construction finishes. It also provides rent protections for vulnerable groups, such as seniors and low-income households.

The pension fund agreed to cap these rents for ten years, which is twice as long as the standard period required by local law. The agreement does not stop all rent increases. For example, one resident who lived in the building since the 1950s may see her monthly rent rise from 350 to 660 francs. The deal also leaves the status of commercial tenants and those with fixed-term leases unresolved. The project still awaits official construction authorization.