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Australian Unity: Investors face loss as fund puts half-built apartment tower up for sale

Published: November 5, 2023

The aborted residential project shows the risks of a turning market for property lenders – and their investors – of rising construction and borrowing costs.

Source: afr.com

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Daniel MasciSam TamblynElke MeitzelDeveloper Prince Corporation Peter MitrevskiAustralian UnityUrban Property AustraliaFinancial ReviewReserve BankPrince CorporationPeter Mitrevski