Nendaz and Transmontagne in Switzerland
Does anyone have any information on Transmontagne and its involvement in developments in Switzerland. I am in the process of buying an apartment in a development called Pracondu 2 in Nedaz in the Valais region in Switzerland. This is a leaseback scheme and the lessee is a company called Alpvision which is owned 90% by Transmontagne. We have been assured by Savills and Genvalco (the builder) that Alpvision is a ring fenced subsidiary of Transmontagne and is not and will not be affected the the Transmontagne insolvency.
