Thursday, 19 November 2009
Over $68 billion worth of property developments are planned or underway on the Gold Coast, with the value of the work across all sectors now higher than expected during 2007, a new report has revealed. ...
Beautiful one day, awful the next
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. ...
Gold Coast resort in receivership
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. ...
Gold Coast developer Raptis Group to rise from the ashes
Wednesday, 01 April 2009
Veteran property developer Jim Raptis is set to regain control of his collapsed Raptis Group empire after creditors voted in favour of a deed of company arrangement that will eventually allow the company to relist on the ASX. ...
Sydney property development group put in receivership
Tuesday, 17 March 2009
The Globe Project Group, a property development company owned by Sydney developer James Vertzayias, has been placed in receivership, owing secured creditor St George Bank $43.5 million. ...
Property developer Craig Gore has three companies placed in receivership
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. ...
Building sector sees positive signs
Friday, 13 February 2009
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. ...
Jim Raptis vows to rebuild collapsed property empire
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. ...
25 corporate collapses – and the lessons learnt
Thursday, 12 February 2009
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. ...
Gold Coast developer Raptis Group finally collapses
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. ...
Another Gold Coast property project crashes, developers slash jobs
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. ...
Another Queensland property developer in trouble
Thursday, 09 October 2008
Queensland: Beautiful one day, poison for property developers the next. ...
Gold Coast property developer Raptis Group on the brink
Thursday, 11 September 2008
Listed property group Raptis has suspended trading in its shares after one of its divisions was put into receivership. ...
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