Capelli placed in receivership

Almost a year ago, as revealed by Business Immo, Capelli put its flagship project, La Scène des loges, in Paris (^15th arrondissement), initially estimated to generate sales of €130m excluding VAT, on hold. SNC Grenelle, the company behind the project, had even been placed in receivership by the Lyon Commercial Court: a symbol of the crisis facing the real estate development industry for several years now...