Tag: Austexx

Direct Factory Outlet founders David Wieland and David Goldberger are demanding an inquiry into ACCC chairman Graeme Samuel, The Australian reports.

DFO’s Austexx is set to sell four of its nine DFO shopping malls to CFS Retail Property Trust as CFS seeks to raise $500 million in capital to complete the transaction, according to reports from people close to the matter in Bloomberg.

Direct Factory Outlet (DFO) will be split up store by store and sold off to repay almost $1 billion owed to banks after development of the DFO South Wharf outlet stalled when cash dried up.

Direct Factory Outlets’ (DFO) failed South Wharf complex in Melbourne will see the insolvency firm KordaMentha called in as receivers for DFO owners Austexx as early as this afternoon.