Emanuel Boeminghaus wrote that work at the construction sites of the Nuremberg Schultheiß project development had been halted since Friday. On October 5, 2026, it became known that the Franconian developer was facing insolvency proceedings. Customers and craftsmen now have to wait to see how things will proceed. According to the Nuremberg Nachrichten, the designated insolvency administrator advises calm, Boeminghaus wrote. He described the construction halt as another warning signal for the tense situation in the German construction and real estate industry. https://t.co/CJNVVOV6bo #Insolvenz #Nürnberg #Immobilien (translated)
