Construction Economy

Unit Developer Ralan Group Collapses

#RalanGroup #Development #RalanCollapse

Sydney Unit Developer Ralan Group has collapsed, entering voluntary administration, with $500 million worth of outstanding debt. With unfinished projects, one has to worry about how this will affect tradies, material suppliers and people who have purchased off the plan.

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Major Sydney unit developer The Ralan Group collapses during apartment downturn

Construction slump hits Adelaide Brighton’s profits, as developer Ralan Group collapses