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Unfinished Dreams in France | France News
A French property developer, Fiducim, has collapsed—leaving 1,200 unfinished homes and apartments, with buyers stuck paying mortgages on projects that may never be completed. Despite halted construction, the company kept advertising new builds, including a massive 400-apartment complex in Arras, where buyers took out loans for hundreds of thousands of euros while walls remained unbuilt. With the developer bankrupt, legal action is now focused on separate financial guarantors—the GFA—who were meant to ensure completion if things went wrong. Even with their help, progress is glacial: the Arras…
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