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Sydney’s lower north shore suburb Castlecrag could soon see a new price record, with the arrival of a four-storey harbourside mansion with an asking price of $28 million.
The entrepreneur and wife Kate have proved to be savvy property traders, while billionaire David Teoh’s sons have become neighbours on Sydney’s north shore.
Teoh Capital is mulling a bid for the storied department store chain, along with Phil Cave’s Anchorage Capital Partners.
High-profile Aussie investor Mark Carnegie has described last week’s collapse of the terraUSD stablecoin and subsequent carnage in cryptocurrencies as a “Lehman Brothers moment” for the sector that will create opportunities for shrewd investors and savvy web3 operators to thrive.
Sydney-based VC fund Carthona has tapped HostPlus for the first half of a $200 million fund that will back new start-ups, including the raft of emerging Web3 players.