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An artist's impression of Builton's Greenwich on Bulwer project in North Perth.
Builton fails, administrator appointed
Monday, 23 January, 2017 - 15:10
One of state’s biggest residential construction firms, Builton, has succumbed to the financial stresses engulfing the sector, appointing external administrators earlier today after reports of the company’s financial troubles emerged last week.
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Included in the following lists:
Number of Employees
Property - Land Developers
| 4th | Mirvac | 70 | |
| 5th | Cedar Woods Properties | 41 | |
| 6th | Builton | 38 | |
| 7th | LWP Property Group | 33 | |
| 8th | Frasers Property Australia | 32 |
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Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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