Google
Custom Search





legal spain



Free Spanish Lessons




Martinsa says that it will complete the properties which have seen payments by clients
larger | smaller
By h.b. - Jul 18, 2008 - 8:18 AM
Partially completed Martinsa homes in San Mateo de Gallego - Photo EFE
Partially completed Martinsa homes in San Mateo de Gallego - Photo EFE
enlarge photo
Martinsa-Fadesa has now also announced to a halt to their building program in Morocco.

Troubled real estate business, Martinsa-Fadesa, which filed for bankruptcy protection last Tuesday, has said that it will complete and hand over the keys for 12,578 properties which are pending and for which families have already made payments.
These properties have an estimated value of 2 billion €.

A statement from the company yesterday said they deeply regretted the current uncertainty, and promised to work intensely to overcome this ‘transitory situation’ in the shortest time possible. The company has also announced a halt to its building activities in Morocco.

A new telephone information line has been established by the company – 900 380 900.

Click here for related stories


mobile mobile | email email this article | print printer friendly page

More Spain Business

Readers' comments:
Please keep to the subject. Opinions published here are of our visitors, not the Typically Spanish team. Comments which go against Spanish laws or which are libellous are not allowed. We reserve the right to delete any comment we wish. Placing a comment indicates you have read our terms and conditions and privacy policy.

Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema. Escribir un comentario indica que has leído nuestros condiciones de uso y politica de privacidad.


del del.icio.us | digg digg | technorati technorati | yahoo yahoo | StumbleUpon Toolbar Stumble It!
Add to Facebook Facebook | Reddit Reddit | Seed it! Newsvine | Meanme Meneame | Wikio Wikio
Blink Blink | Google Bookmarks Google | Fresqui Fresqui | msn reporters MSN reporters | live spaces Live Spaces
Nt Space My Space | Fark Fark | Mixx Mixx | Twitter Twitter

newsnow


And finally...
Spanish Oddities
The grenade found in Oviedo in 2007 - Photo EFE
Unexploded hand granade in a potatoes in Chiclana
Madrid
Photo EFE - A box of flip flops?
Madrid presents an Olympic logo for the 20020 games (!)
Watch video
Spanish Oddities
The Queen Bee - Photo US coastguard
Lost US boat travels across the Atlantic to Spain
Watch video
Spanish Oddities
Linares on Google Maps
Woman leaves her house in Spain to the orphans of Palestine in her will
Spanish Oddities
Soraya Sáenz de Santamaría - EFE
Archbishop objects to Deputy Prime Minister giving Easter speech
Spanish Oddities
Photo - EFE
Córdoba Mosque Cathedral becomes 'cardio-protected'