Hi

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In the recent article it mentions:

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[https://today.rtl.lu/news/luxembourg/a/2100252.html](https://today.rtl.lu/news/luxembourg/a/2100252.html)

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**In addition to the small-sized companies that have already gone out of business, the LCGB claims that another company with more than 100 employees is in a very tense situation**

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Any idea which one could be? As i am actively looking to buy , i am quite concerned if the one i choose it will go bankrupt

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Thanks

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by SpellGloomy3920

1 comment

  1. I think Cardoso’s case in addition to Cenaro before and the overall current sentiment in the RE market just doesn’t justify buying a RE asset upfront (i.e., before it has been built).

    I’d suggest to look at existing properties rather than unbuilt ones. If you insist however on taking on that risk, you can consult company accounts on lbr.lu , this will give you an idea on the overall debt situation of the company you have in mind. Since the data is lagging (most accounts are for 22), you can assume the situation has become worse. Debt is really the crucial element here.

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