Peak real estate body labels GCB Constructions’ collapse ‘frightening’
The Real Estate Institute of Queensland has described the collapse of major Gold Coast-based builder GCB Constructions as a frightening sign of what may be ahead for the industry.
The collapse of GCB Constructions has sent shockwaves through the Queensland building industry. (Image source: GCB Constructions)
Queensland’s peak real estate body has responded to the collapse of 40-year-old Gold Coast-based builder GCB Constructions, describing it as a “frightening” sign of what may be still to come.
Real Estate Institute of Queensland (REIQ) CEO Antonia Mercorella told API Magazine that the building industry has faced a perfect storm of unprecedented challenges.
The latest major casualty, GCB Constructions was founded in 1981 and went on to complete m…
