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1.Market Observations, 8.Was Sticky

25 Apr 2017 (TheAge) – Fears of second Watersun collapse after building sites are abandoned

(25 April 2017, The Age, p13, Aisha Dow)

‘A major apartment builder in Melbourne has suddenly stopped operating, vacating its offices and abandoning building sites, in an impending second collapse linked to Watersun Homes. The Victorian arm of Watersun Homes, WSH Group, was recently placed into voluntary administration with $20 million in debts.’



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