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Martinsa says that it will complete the properties which have seen payments by clients
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By h.b. - Jul 18, 2008 - 8:18 AM
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.
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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
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.
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Readers' comments:
Pops
18 Jul 2008, 12:21
18 Jul 2008, 12:21
"...will complete and hand over the keys for 12,578 properties which are
pending and for which families have already made payments." Oh, that's
right, of COURSE they will.... My advice to anyone who's paid a deposit?
"DON'T HOLD YOUR BREATH."
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.
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.
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.
