real estate projects
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Real estate projects in the swirl of insolvencies
The number of real estate news about bankruptcies and insolvencies has this year topped the one about investments and new projects. The biggest deals have come to be sealed after the foreclosure of real estate mega-projects, reads BUSINESS CONSTRUCT magazine.
More problematic real estate projects than meet the eye
The volume of loans granted by local banks for construction is 5.2 billion euros, down 9% against September 2009. So far only ten problematic projects have surfaced, but consultants say big...
Immoeast takes over 100% in four real estate projects
In the midst of a portfolio restructuring process, Immoeast has recently sealed the acquisition of four real estate projects from a partner in turn affected by financing problems.
Real estate projects worth 10bn euros vanish in three months
Ten real estate companies have announced the postponement or cancellation of 120 projects in the past three months.