A bespoke South Australian residential home builder has collapsed and appointed an external administrator.
Residence Building Group is the latest builder in the state to enter voluntary administration, following the collapse of four other companies in the span of several months.
The company has seven current home builds, including a project in the Adelaide Hills and homes under construction in the eastern suburbs of Magill, Prospect and Burnside.
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Residence Building Group appointed Agile Business Advisory as its external administrators on Tuesday, October 3.
A spokesperson for Agile said the current homes under construction were largely complete, but it would be a priority of the bus…
Read the full article at: https://7news.com.au/news/sa/sa-construction-company-residence-building-group-collapses-c-12112247