Melbourne developers should think 'creatively' about unsold stock
Melbourne developers should think âcreativelyâ about unsold stock Save Share Developers of thousands of unsold apartments in the Melbourne CBD should think âmore creativelyâ about ways to dispose of that stock such as by converting it to build-to-rent housing, the Victorian Treasurer says. Tim Pallas told an Urban Development Institute of Australia audience on Tuesday afternoon he was concerned about the effect of the pandemic on the economy of central Melbourne and was looking to help developers in the CBD âmake a transitionâ to different types of housing produc...
Source: afr.com