Tag: project development
Corestate sells short-term rental apartments at heavy losses
Corestate apartment building in Dusseldorf Investors suffer a total loss. (Photo: JOYN, Manfred Sodia) Zurich The crisis-plagued project developer Corestate only manages to place properties on the market with losses…
Adler Group continues to be under pressure due to KPMG audit
Empty shell in the morning light The construction site of the Steglitzer Kreisel high-rise in Berlin is making little progress. Responsible is the Adler subsidiary Consus. (Photo: imago images/Dirk Sattler)…