Martinsa-Fadesa promises not to let buyers down, but are fine words enough?

Article Date : 18 July 2008
News Section: Spain

By going into voluntary administration, Fadesa, Spain’s biggest private house builder by assets, has left 12,578 of its clients wondering whether they will ever see the properties they have partly paid for, and worrying what will become of their stage payments. In a press release sent yesterday, Martinsa-Fadesa (as the company is now known since its...

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