The Strata Agency in Administration.
Boutique Sydney strata company The Strata Agency has been placed in administration, leaving nearly 5500 apartment owners uncertain about the future.
The Strata Agency, which has operated in the Sydney market for the past five years, was placed in administration on Wednesday under the care of Brent Kijurina and Richard Albarran from Hall Chadwick. Last week the Office of Fair Trading appointed managers to the business after what Assistant Commissioner, Rob Vellar said were “allegations of deficiencies in the trust account”.
Vesture companies – STM, VBCS and Ernst offer a free transition service to schemes making the move from another Strata Company. For more information or for advice on what to do when faced with an uncertain future with your current Strata Manager please contact us on firstname.lastname@example.org.