For Polaris World today is a new day
Polaris world in the final hour literally, made an agreement with the banks to avoid bankruptcy. The law in Spain allowed until 3PM yesterday for the agreement to be made with it’s creditors. Polaris World negotiated 100 million to allow liquidity until the housing market recovers.
Smiles all around today on the resort as this welcome news is announced among the residents and owners. Assets have been sold on the resort so we will be watching for any sign of change and will bring it to you as it happens.
Moving forward, we can now look forward to our first televised tournament at Condado De Alhama as Canal+ prepares for the golf tournament on Condado De Alhama this weekend.
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