The Karim family pays hugely discounted $52.5m for the former Bank of China building near Wynyard Station and will spend $30m turning it into a luxury hotel.
AsheMorgan has revealed plans for a 900-residence build-to-rent (BTR) development in Docklands, District Living, that serves as one of the country’s biggest ever BTR projects.
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Developer Mohan Du has secured a permit for a $340m hotel project at Docklands offering over 300 rooms. He says Melbourne is playing catch-up with Sydney.