Resilient developer Raptis Group is set to settle on apartments in its 30-storey Pearl tower from next week, despite battling a flurry of court cases involving alleged defects, a personal injury, deregistration of one of its construction companies and an unresolved $109 million tax case.
Kathleen Skene Follow 2 min read July 30, 2024 - 4:00PM
Gold Coast Bulletin
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Resilient developer Raptis Group is set to settle on apartments in its 30-storey Pearl tower from next week, despite battling a flurry of court cases involving alleged defects, a personal injury, deregistration of one of its construction companies and an unresolved $109 million tax case.
The group, headed by veteran Gold Coast developer Jim Raptis, faced wind-up action against related company Ezra Constructions – builder of Pearl – in March.
Sydney formwork company Fabquip applied to liquidate Ezra over five invoices totalling $229,774 it claimed between 2022 and 2023, according to documents lodged in the Federal Court
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