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Bathla collapse threatens to snowball into biggest property crash yet
The failure of the Sydney developer has left some of the country’s largest private credit firms scrambling to distance themselves from the situation.
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afr.com
Indebted real estate giant Bathla falls into administration
The appointment of Teneo on Tuesday to oversee hundreds of Bathla entities will raise broader concerns about the viability of the real estate development empire.
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smh.com.au
Hundreds of buyers in limbo as major Sydney developer Bathla Group collapses
The western Sydney developer and its hundreds of entities had been in financial peril for more than 12 months.
