Matinsa Fadesa exits insolvency
#1
Just Joined
Thread Starter
Joined: Jun 2008
Posts: 11
Matinsa Fadesa exits insolvency
I have found the following links:
http://adpnews.info/?nid=e84f413828a8949d
http://www.starproperty.my/PropertyS...News/10744/0/0
Does anyone have any further information?
We were due to complete on a property when the receivers were called in and information has been very hard to come by!
Maggie
http://adpnews.info/?nid=e84f413828a8949d
http://www.starproperty.my/PropertyS...News/10744/0/0
Does anyone have any further information?
We were due to complete on a property when the receivers were called in and information has been very hard to come by!
Maggie
Last edited by Maggies1033; Mar 14th 2011 at 11:30 am.
#2
Forum Regular
Joined: May 2006
Posts: 62
Re: Matinsa Fadesa exits insolvency
Hurra, Hurra !!!
Martinsa Fadesa starts again his operations.
I hope Hotel and Commercial Centre is coming soon to take a resolution.
Great news for Esurianos.
Martinsa Fadesa starts again his operations.
I hope Hotel and Commercial Centre is coming soon to take a resolution.
Great news for Esurianos.
I have found the following links:
http://adpnews.info/?nid=e84f413828a8949d
http://www.starproperty.my/PropertyS...News/10744/0/0
Does anyone have any further information?
We were due to complete on a property when the receivers were called in and information has been very hard to come by!
Maggie
http://adpnews.info/?nid=e84f413828a8949d
http://www.starproperty.my/PropertyS...News/10744/0/0
Does anyone have any further information?
We were due to complete on a property when the receivers were called in and information has been very hard to come by!
Maggie
#3
Re: Matinsa Fadesa exits insolvency
But they still owe so much money, it will be years, before there is any spare cash, if any at all, for works still needed.
#5
Just Joined
Thread Starter
Joined: Jun 2008
Posts: 11
Re: Matinsa Fadesa exits insolvency
The plan is an 8 year one but it depends on whether they can realise the assets at the valuation they have placed on them.
Presumably if someone bought the commercial centre they would be in a much better position!! Please form an orderly queue
Maggie
Presumably if someone bought the commercial centre they would be in a much better position!! Please form an orderly queue
Maggie
#6
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Joined: Nov 2004
Location: Ayamonte
Posts: 1,022
Re: Matinsa Fadesa exits insolvency
#7
Re: Matinsa Fadesa exits insolvency
That is the problem, stores need punters about before they will invest, and people need facilties before they will buy, it`s a sort of chicken and egg situation.
#8
Re: Matinsa Fadesa exits insolvency
Thats why I asked the Mayoral candidate about the proposal by the existing Mayor to allow a Superstore, pertol station, hotel and shops to be built just over the motorway on the poligono less than 3 km from the CE commercial center and unfinished hotel and also less than 3 km from La Plaza a commercial center in crisis and just down towns lots of vacent new shops and failed shops. He did not think it was a good idea.
Last edited by EsuriJohn; Mar 14th 2011 at 10:30 pm.
#9
Re: Matinsa Fadesa exits insolvency
Be careful what you wish one or two schemes are being discussed which you may like less than an an underused shopping center.
#11
Re: Martinsa Fadesa exits insolvency
Similar to UK Casino Licences are directed by Central Government and allocated by the communidad. Andalucia has 4 tier one licences to give out one has gone so we might get a pretty big casino where we thought there would be a supermarket, restaraunts, bars and a multi screen. Would that be a good thing?
#12
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Joined: Nov 2004
Location: Ayamonte
Posts: 1,022
Re: Martinsa Fadesa exits insolvency
It has been suggested that there is a group of investors who would want to turn the site into a Casino.
Similar to UK Casino Licences are directed by Central Government and allocated by the communidad. Andalucia has 4 tier one licences to give out one has gone so we might get a pretty big casino where we thought there would be a supermarket, restaraunts, bars and a multi screen. Would that be a good thing?
Similar to UK Casino Licences are directed by Central Government and allocated by the communidad. Andalucia has 4 tier one licences to give out one has gone so we might get a pretty big casino where we thought there would be a supermarket, restaraunts, bars and a multi screen. Would that be a good thing?
#13
Re: Matinsa Fadesa exits insolvency
Mel
#14
Joined: Mar 2006
Posts: 1,980
Re: Matinsa Fadesa exits insolvency
One thing I would like to say re a multiplex cinema is that at the moment films shown in Spain are dubbed so unless they show them in original format it would be of no use to the Brit. Expats here. We go to the cinema in Tavira Plaza as all films are in English with Portuguese subtitles (except cartoons). I think personally that some indoor/outdoor sports facilities would be good. Bryony
Totally agree, there are many supermarkets in Ayamonte which we should be supporting, it need to be something original there which is not already in Ayamonte so as not to trade away from the town but what ?? Yes, some type of sports/leisure activities is a good idea and I think a casino would be good, the one in Monte Gordo seemd to do well, they have shows on and serve a reasonable meal too although it is years since I have been there.
Mel
Mel
#15
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Joined: Dec 2006
Location: Living in a good place
Posts: 8,824
Re: Matinsa Fadesa exits insolvency
We used to go bowling in marbella. Since the recession the venue has been halved in size so it cannot have been doing well. Problem is that it can be expensive for anyone with a few kids.