Real estate projects in the swirl of insolvencies

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">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. The recipe of exiting insolvency is the same for all businesses. Finding a new funding source, the so-called "fresh money", can make the difference between a bankruptcy and a successful reorganisation. And as there are few funds now for...

Read the whole story in: Ziarul Financiar