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flag KPMG takes over troubled Bowline Apartments project in Australia, offering refunds to buyers.

flag The Bowline Apartments project in Wickham, Australia, entered receivership in November 2024. flag KPMG, the receiver, offered buyers refunds on deposits with interest and the chance to rescind contracts. flag The project faced delays since 2019, including a water leak and frequent builder changes. flag With construction halted in March 2024, KPMG now oversees a sale process, but no buyer has been identified.

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