Sydney-based construction, design and refurbishment company National Projects & Maintenance (NPM), which completed developments for some of the countrys biggest property players including Goodman, Mirvac, GPT, Charter Hall and Brookfield, has collapsed.
The company, which employed nearly 200 people and had offices across the country, sent out automated messages to its clients on Monday to say that it had appointed insolvency firm Worrells as its administrator and had ceased trading.
An office project at Southbank Boulevard in Melbourne that NPM completed for ASX-listed GPT Group.
According to its website, NPM had completed 45,000 projects on behalf of 778 clients, before shutting down this we…
Read the full article at: https://www.afr.com/property/commercial/sydney-construction-firm-npm-calls-in-administrators-20231024-p5eejv