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Written by Mariner
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Sunday, 20 July 2008 |
What Will Happen With Costa Esuri ?
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 €.
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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.
The Socialist Party PSOE has said that a guarantee has to be made so that those who are affected by the suspension of payments in the Martinsa company, do receive the homes they have paid for. Spokesman José Blanco said that the Government is ‘to give a hand’ to ensure the families are protected.
It comes amid reports that those who are in that situation, estimated to be 12,500 families across the country, have so far only managed to reach an automatic telephone answer machine.
A new telephone information line has been established by the company – 900 380 900.
More on the situation of Martinsa-Fadesa will follow
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Last Updated ( Sunday, 20 July 2008 )
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