There has been a shift in the market regarding builder due diligence. From something that used to be considered ‘nice-to-have’, extensive pre-contract builder due diligence is now considered a must.
After two years of Covid-related pressures, unprecedented rainfall and construction-cost inflation for labour and materials have further impacted the Australian construction industry.
In 2022, Probuild entered Voluntary Administration with c$5bn worth of pipeline across Australia. We discuss the lessons from its administration and the warning signs for stakeholders on other projects.
In this article we discuss development loans. They are often the riskiest commercial property loans, but can produce attractive returns.
High rise residential construction has become the norm for many cities in the world, but for Australia this is somewhat new. With anything new there are normally teething issues.