Anyone else owner of  Palais Rossini Residence in Nice? 

Trying to see if I can get in touch with other owners.

Comments

17 November 2014

Thanks Carolyn. I have been in touch with a couple owners but its been sporadic over the years. It strikes me how inefficient communication between owners has been over the emails. Forum would be better place to share information and something like Facebook group that everyone seems to use would be fast and more efficient. This I have seen first hand how French owners have organised themselves.

I feel that we are sort of walking in dark, each of us on our own. Communicating and sharing information with each other could only benefit all of us. 

This could be more important now that Odalys is late in paying rents due to cash flow issues and the fact that their main shareholder is trying to offload all their shares and quickly.

Since you are in touch with 10-ish owners would you mind inviting them to join this forum?

 

I am also owner of appartment in pallais rossini. would also be interested in hearing from others. Havent got any money since february. will have to start taking action.

17 November 2014

 

Hi Marty, 

Thanks for getting in touch. Most of us are in the same boat here. Talking to French owners i see they are also not been paid and emailes are ignored. Phones just ring out. Odalys are only paying people they absolutely must pay. I have been emailing 8 different addresses in Odalys including their director  François Mariette, no joy.

There is a bit randomness to their actions, some people are been paid and are up to date. 

 

 

1 December 2014

Hi M-Lad & Marty,

Sorry for late reply (I thought I had set up email notifications for posts). Yes, I'll let the others know about this forum.

We're also concerned about other recent issues that have arisen, apart from non-payment of rent.

A conference call has been proposed for 6pm ((Irish time) this Wednesday, so if it's confirmed I'll give you the details (I'm assumimg I can PM on this forum - I'm new to it:).

 

 

 

2 December 2014

Hi,

I own an Odalys apartment in Domaine des Eucalyptus.

I received an email yesterday from our resident’s association stating that an American investor had signed contracts on November 21st, giving them 15 days to

accept and resume operation, or close Odalys and file for bankruptcy... have any of you heard anything that might confirm this?

 

Il a un délai de 15 jours pour nous valider ou pas la reprise du groupe Odalys.

Dans le cas d'une réponse négative, ce sera le dépôt de bilan et la clôture pour Odalys.

2 December 2014

Hi Deaglan,

Thanks for this interesting info - I don't think our group has been made aware of this development.

If someone at our upcoming meeting has any update on this I'll let you know.

4 December 2014

Hi m-lad.

I am also a co-owner in Palais Rossini. If you can PM me I can put you in contact with other owners. 

 

 

15 December 2014

A follow-up meeting is scheduled for Wednesday 17th to discuss the next steps and how best to respond to recent developments.

We're also compiling a list of Rossini investors - strength in numbers, shared costs etc.

If you'd like to join the group/ meeting please let me know.

 

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