Major Perth builder winds up apartment operation
Big names in building continue to find their operations in strife, with prominent Perth building company Parcel Property winding up its apartment development operations and other companies falling by the wayside.
WA builders continue to struggle, with the apartment operations of a major builder the latest to falter. (Image source: Shutterstock.com)
One of Western Australia’s largest and most diversified residential property development companies, Parcel Property, which is backed by Dale Alcock’s ABN Group, has axed its apartment development arm and at least two major western suburbs projects.
A staple of the Perth building scene for 30 years, the announcement that job losses will likely accompany the abandonment a $15 million apartment complex in Mount Hawthorn
, which had already received …
