Luxury Melbourne builder goes bust Overview A South Melbourne-based luxury home builder has been forced into liquidation following substantial financial losses. The company, with a reputation for constructing extravagant homes, has faced difficulties in recent months, leading to its demise and eventual bankruptcy. This development has raised concerns within the construction industry and among homeowners […]
Evergrande Files for Bankruptcy Protection in the US Amid China‘s Real Estate Crisis The American Bankruptcy Filing Property giant Evergrande has taken a significant step by filing for bankruptcy protection in the US, as it grapples with the deepening real estate crisis in China. This move will allow the heavily-indebted company to safeguard its assets […]
