Receivers have been called in to a $180m luxury tower development after a bitter fallout between the developer and builder. Find out why
Kathleen Skene Follow less than 2 min read December 13, 2023 - 3:00PM
Gold Coast Bulletin
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Receivers have been called in to a $180m luxury tower development after a bitter fallout between the developer and builder.
Tallis Property Group’s partly-built 30-storey Akin, near Brisbane’s Southbank, was due for completion by embattled builder Descon Group Australia early next year.
Instead, the contract has been terminated and both parties have ended up in court, leaving more than 150 apartment buyers in limbo.
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