Developer builds first then sells in 'dead' off-the-plan market
Pitard Group will build its apartment developments without any pre-sales and only start marketing units once the project is nearing completion.
Source: afr.com
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Nylex site project at risk as developer Caydon collapses
Another major property developer has collapsed into receivership, threatening the redevelopment of the $600 million historic Nylex site on Melbourne’s Yarra River.
Matthew Hutton Simon Pitard Nicholas Smedley Continental Hotel In Sorrento Langford Jones Home Snowdon Developments
Source: brisbanetimes.com.au
Mathieson and Smedley-backed Respiri still a disappointment
After forecasting $6 million to $8 million in revenues, the quixotic biotech posted a mere $461,000.
Source: afr.com