Spanish Property developer Llanera near bankrupt

LoadingFavourite

This topic contains 0 replies, has 1 voice, and was last updated by Profile photo of Anonymous Anonymous 9 years, 2 months ago.

  • Author
    Posts
  • #53362
    Profile photo of Anonymous
    Anonymous
    Participant

    Day by day more fresh news:

    Today the starring star is the spanish property developer Llanera. We have know throught the press that this property developer that has grown in a spectacular way in this years is near bankrupt.

    – They cant pay 400 suppliers and are trying to fire employeess:

    http://www.elmundo.es/mundodinero/2007/09/20/economia/1190277625.html

    -They will try to sell land to pay the bills:

    http://www.cotizalia.com/cache/2007/09/20/94_llanera_master_apuros.html

    Llanera is one of the biggest property developers of the country so we can imagine the troubles in which the smallest developers are right now in the actual situation.

    The good side of all of this is that some bargais will be available.

You must be logged in to reply to this topic.