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Defects and recladding claims worth $4 million in a second apartment project have been frozen after Melbourne builder Hickory’s subsidiary was placed into voluntary administration.
Owners of 105 apartments in the Anstey Square development in the inner northern suburb of Brunswick had commenced proceedings in the Victorian Civil and Administrative Tribunal seeking the rectification of defects but also replacement of the combustible polyethylene core panels covering the building.
But Hickory’s decision last month to put unit H Buildings into administration had the same effect on the Brunswick apartment owners as it did on a separate group of owners in a Richmond development also constructed by H Buildings it stopped the a…
Read the full article at: https://www.afr.com/real-estate/hickorys-h-buildings-administration-move-halts-second-apartments-cladding-claim-20180904-h14wep