Hilton Hotel Sydney deal to Baring Private Equity looms as marker of Chinese exit
The Hilton Hotel Sydney appears close to selling with a foreign buyer circling the iconic property as Chinese owners reduce Australian holdings.
Chinese investor
Investing
Apartment builders are ‘kidding themselves’ if they start projects now
Property magnate Tim Gurner says developers are “kidding themselves” if they try to launch apartment projects of 300 units or more in Sydney or Melbourne amid an exodus of Chinese buyers and a collapse in immigration caused by the COVID-19 pandemic.
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