The construction of 1,300 new homes worth a staggering 1.5billion now hangs in the balance after a major Aussie home builder entered administration.
Bensons Property Group announced on Friday it had appointed Craig Shepard and Sebastian Ham of Korda Mentha as voluntary administrators of the business.
BPG is currently employed to build 1,337 apartments in Victoria, Queensland and Tasmania, worth an eye-watering $1.5billion.
The Aussie home builder was behind Chevron One, the iconic $485million residential tower on Queensland’s