Work has ground to a halt on projects across Victoria as Tier 1 builder Roberts Co calls in administrators for its Victorian arm.
The builder moved into the Victorian market in 2022 to take over five projects, Uno Melbourne, CSL (construction and fitout), Elizabeth North Stage 2, 500 Bourke Street and 502 Albert Street, from failed builder Probuild, and Monaco Hickey, which is now a division of Roberts Co.
Construction cost escalations and productivity challenges have continued to hurt the industry.
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