Ralan Ruby buyers vote to buy more apartments over a liquidation
Su-Lin TanReporter
Collapsed developer Ralan's Gold Coast apartment buyers have voted to take up director William O'Dwyer's deal to buy more apartments in an effort to save their apartment deposits over a liquidation.
Results of the vote taken last week showed most of the buyers and unsecured creditors of Ralan's Ruby apartment projects chose Mr O'Dwyer's proposed Deed of Company Agreement (DOCA).
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Su-Lin Tan reported on housing, commercial real estate and property finance. She also covered China and Asian business, trade and politics. Connect with Su-Lin on Twitter. Email Su-Lin at stan@afr.com.au
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