Receivers for the collapsed Bathla have listed two of its projects in Sydney’s north-west for sale with another four sites expected to hit the market by the end of the year, as the failed builder and developer’s former empire is broken up and sold off to pay its debts.
The real estate giant collapsed in August with $3.4 billion owed at the time to home buyers, subcontractors and private credit firms such as Ray White Capital and Centuria Bass, and a pipeline of 14,000 homes left in limbo.
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