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Myriam Robin

Eureka Tower penthouse in Grocon fire sale

Myriam RobinRear Window editor

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In the construction industry, insolvencies are a dime a dozen. But it’s not often you see a wealthy builder turfed out of their luxury penthouse as a result.

Alas for Grocon scion Daniel Grollo, the Grocon-constructed Eureka Tower pad he’s been calling home for several years is ultimately owned by a company among the nearly 100 entities now in the hands of administrators. And they’ve bowed to the demands of creditors, a spokesman on Tuesday confirming they intended to sell the expansive 80th-floor apartment.

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Myriam Robin is Rear Window editor based in the Melbourne newsroom. A Rear Window columnist since 2017, she previously reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/eureka-tower-penthouse-in-grocon-fire-sale-20210223-p57563