Building and development giant Grocon has placed its construction business into administration, with chief executive Daniel Grollo blaming Infrastructure NSW’s handling of the Barangaroo project for its failure.
Mr Grollo said administrators had been called in over the legacy construction companies established by his grandfather Luigi 73 years ago.
Loading...
Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
