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The Times Australia

News of the collapse of the Grocon empire is greatly exaggerated

  • Written by: Geoff Hanmer, Adjunct Professor of Architecture, University of Adelaide
Sydney's Barangaroo development.

Grocon, the Australian construction empire that grew from the family concreting business started by Luigi Grollo in Melbourne in 1948, is on its last legs.

But Grocon, the privately held property development empire headed by Luigi’s grandson Daniel Grollo, will continue to operate.

Media outlets have breathlessly reported Grollo’s...

Read more: News of the collapse of the Grocon empire is greatly exaggerated

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