Stamford Land unit is being sued over alleged defects in Sydney project
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Stamford Land's subsidiary HSH Hotels (Australia) is being sued by the owners corporations of Macquarie Park Village over alleged construction defects in a large-scale residential project in New South Wales. The legal action involves claims of deficiencies in design and construction, including issues with concrete works, drainage, and fire utilities. HSH Hotels has filed a cross-claim against the contractor, Parkview Construction. The proceedings are in early stages, and any liability is expected to be limited to the assets of the Macquarie Park Village Trust, with no direct financial impact on Stamford Land.
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