We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Furbetti flame-out

28 July 2009 By Rachel Sanderson

The Italian developer is set to refinance that much debt to avoid becoming the crisis s biggest Italian casualty. A nearly20% decline in property sales has hurt, but an Italian fondness for cosy relations between banks and entrepreneurs probably let it take too many risks.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)