Another REA bites the dust

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This topic contains 1 reply, has 2 voices, and was last updated by Profile photo of Anonymous Anonymous 6 years, 5 months ago.

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  • #55715
    Profile photo of Anonymous
    Anonymous
    Participant

    Sacresa, the largest REA in Cataluña, will apply for bankruptcy protection tomorrow.

    It will be Spain’s third largest insolvency ever, after Martinsa and Habitat. Things can’t be looking that good in Cataluña then.

  • #99373
    Profile photo of Anonymous
    Anonymous
    Participant

    Not a REA. A big developer. Building all over Spain, so not purely a reflection on Catalonia (though things are tough there too, of course).

    Mark

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