Metro Property Development Buys Homestead Homes Business
As part of the sale of the assets of the Homestead Homes business the appointed liquidator, McGrath Nicol, sort expressions of interest for different parts of the business. Metro Property Development was successful in their bid in purchasing all contracted and non-contracted Homestead Homes client files and the associated intellectual property in relation to those files.
In addition to working with QBE Insurance on existing Homestead Homes jobs, left incomplete after the business went into liquidation, Metro is now working with all other Homestead Homes clients who had signed contracts and were yet to commence building.
Director of Metro Property Development SA, Steve Weightman, and his team look forward to commencing work with all Homestead Homes clients to offer a smooth transition into the Metro business.
Metro SA is locally based in Hindmarsh Square, Adelaide and directly employs 33 South Australians and several hundred contractors across its projects.
Metro,as confirmed by the HIA, is a top ten residential builder that operates in four states with a project pipeline valued at more than $1 billion.
Our local staff will be in touch with all relevant Homestead Homes clients. In the meantime feel free to contact us on 8100 0900 or visit our website www.metropropsa.com.au for further information.