Capelli Lux, the Luxembourg arm of French property group Capelli, has entered insolvency proceedings, casting doubt over the future of a major construction project in Howald.

https://www.luxtimes.lu/luxembourg/south-village-project-in-howald-left-in-limbo-after-capelli-lux-insolvency/121892710.html

I hope nobody is going to spend sleepless nights trying to get their money back through insurers.



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Any_Strain7020

2 comments

  1. Unfortunately not a real surprise based on the news coverage over the last years…

  2. Lots of construction works everywhere but some real estate companies goes bankrupt.

    *logic left the chat

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