Two Grocon Companies in Administration

image source: Sydney Morning Herald. Grocon has placed two subsidiaries into administration in an effort to repay a $28 million debt to Dexus, with whom it is currently part of a lengthy court battle over unpaid rent on space at 480 Queen Street in Brisbane.  The move to place Grocon Constructors (Victoria) Pty Ltd and Grocon Constructors (Queensland) Pty Ltd,…