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TCF Puts 162 Bathla Properties Into Recovery Sales Process
11:37am on Thursday 10th of September, 2026 AEST
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Real Estate Finance
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TCF Puts 162 Bathla Properties Into Recovery Sales Process
11:37am on Thursday 10th of September, 2026 AEST
Key Points
Receivers appointed or being arranged across all four Bathla-related loans
Approximately $31.7 million of Trust exposure subject to recovery actions
Property sales underway across 9 homes, 12 lifestyle properties and 10 land lots
Loan 3 covers 72 apartments with 36 presales worth $25.8 million net of GST
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