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One thing to stay away from in property for success

Matthew Cranston

In the past 40 years that Brisbane-based Consolidated Properties developed everything from high-rise apartment towers to beachside subdivisions and gas field business parks, chairman Don O’Rorke has focused on keeping clear of one thing commonly seen in property - suing people.

On his desk, O’Rorke has a framed cheque with a plaque that reads: “$600,000 dispute, $5 million in legal fees, $200,000 settlement.”

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/property/commercial/one-thing-to-stay-away-from-in-property-for-success-20190813-p52goj