The land Bathla agreed to buy but could not pay for ahead of collapse
Summary
Court records reveal some Bathla Group-linked companies struggled to complete multimillion-dollar land purchases years before the developer's collapse. A former major lender says Bathla was expanding too quickly, leaving it vulnerable when the property market turned.
Description from ABC News (Australia).
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The land Bathla agreed to buy but could not pay for ahead of collapse
Court records reveal some Bathla Group-linked companies struggled to complete multimillion-dollar land purchases years before the developer's collapse. A former major lender says Bathla was expanding too quickly, leaving it vulnerable when the property market turned.
