SV Partners were Administrators, but this looks like the most recent related item on their web-site:
http://www.svp.com.au/the-cairns-post-cec-group-on-the-market.html
Oddly, CEC Group does not appear on the McGrath-Nicol web-site under their list of receiverships and administrations:
http://www.mcgrathnicol.com/administrations/Pages/index.aspx
It might be possible to get more info from them. In October 2011, they were reportedly putting a lot of the land on the market, with final bids due late November:
http://www.opp.org.uk/news-article.php?id=5782
http://www.cairns.com.au/article/2011/10/26/188011_local-business-news.html
http://www.cairns.com.au/article/2011/11/23/192821_print-version.html