News and interviews on Jim Raptis including trends, features, blogs and community conversations from an Australian business perspective.
Thursday, 19 November 2009
Head of property research at Advisor Edge, Louis Christopher, warns the Gold Coast property market is flooded and developers would do better to seek investments in other areas.
Tuesday, 14 April 2009
Things never change in the Gold Coast. The sun is always shining, the beaches are always perfect - and the entrepreneurs always get hammered in a downturn.
Tuesday, 07 April 2009
The iconic Sheraton Mirage resort on the Gold Coast has been placed in receivership after a lengthy sales campaign failed to unearth a buyer.
Wednesday, 01 April 2009
Veteran property developer Jim Raptis is set to regain control of his collapsed Raptis Group.
Tuesday, 17 March 2009
The Globe Project Group has been placed in receivership, owing secured creditor St George Bank $43.5 million.
Friday, 13 February 2009
Gold Coast property developer and motor racing identity Craig Gore says he is shocked and disappointed that three of his property companies have been placed in receivership after defaulting on loans of $145 million.
Just days after the collapse of three building companies in New South Wales, a key industry figure has declared there are some positive signs on the horizon.
Thursday, 12 February 2009
Veteran property developer Jim Raptis has taken responsibility for the collapse of his development company Raptis Group, but has vowed to try and rebuild the company.
There have been some high-profile corporate failures over the past year, and the evidence suggests that the bloodbath isn’t over. We take a look at 25 more prominent cases to draw salient lessons for every business
Tuesday, 03 February 2009
The five-month battle to save veteran developer Jim Raptis’ Gold Coast property company Raptis Group has come to an end, with the company placed in the hands of administrators yesterday with debts of more than $780 million.
Thursday, 06 November 2008
The credit crunch has claimed another high-flying property project on the Gold Coast, with receivers have been appointed to the River Terrance Towers project, a 30-storey apartment complex in Surfers Paradise.
Thursday, 09 October 2008
Queensland: Beautiful one day, poison for property developers the next.
Thursday, 11 September 2008
Listed property group Raptis has suspended trading in its shares after one of its divisions was put into receivership.