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Grocon collapse spreads as administration tally rises

Grocon Group Holdings, the parent entity of the construction business run by property scion Daniel Grollo, is among 45 companies added to the growing list of Grocon companies under administration.

The latest group of companies is in addition to 42 Grocon entities which are already in the hands of KordaMentha administrators.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
Larry Schlesinger was a reporter at The Australian Financial Review.

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    Original URL: https://www.afr.com/property/commercial/grocon-collapse-spreads-as-administration-tally-rises-20210222-p574p7