Latest Breaking News On - Gloria shih - Page 1 : vimarsana.com
Lucy Macken
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William Wenhao Wu is only 28 but that hasnât stopped him from snapping up more than $50 million of real estate in the past 12 months, all of it in Sydneyâs well-heeled eastern suburbs.
Probably helping to fund it all is his mother, Jing Wang, who heads up Chinese-backed property developer Mayrin Group, of which Mr Wu has been a director since he entered the workforce six years ago.
The Bellevue Hill residence William Wu bought a year ago for $11.08 million is set to return to the market after a lavish renovation. Â
William Wu.Â
And if his motherâs property acquisitions are added to the family portfolio, the total real estate spend of recent years is almost $100 million.
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In the middle of one of the most jaw-dropping property booms in decades, it is refreshing to hear that not every seller is making a motza from their real estate. Take billionaire pub magnate Chris Morris and his wife, Sharron Sills, who have copped a loss on their Milsons Point penthouse this week.
The couple paid $8 million for their crash pad in the Latitude building at the peak of the local apartment market in 2017, making them immediate neighbours to the super-spread next door owned by Nicole Kidman and Keith Urban.
Chris Morris owns hospitality and tourism operator Colonial Leisure Group.
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