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This Sydney developer could be private credit’s ticking time bomb
Some of the country’s largest private credit groups are neck-deep in a developer they think is too big to fail. But some say it’s a house of cards.
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This Sydney developer could be private credit’s ticking time bomb
Some of the country’s largest private credit groups are neck-deep in a developer they think is too big to fail. But some say it’s a house of cards.
- ·
Bathla owners, $3b in debt, plot luxury Sydney family compound
The family behind the ailing property empire plan to construct a mansion with an underground pool and tennis courts despite an escalating crisis at the group.