Fortis pays $28.5m for Rose Bay site as luxury market heats up

Australian Financial Review

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Our third Rose Bay site

Fortis Director Charles Mellick recently spoke with the Australian Financial Review about our latest acquisition in Rose Bay, current development pipeline and market trends across Sydney and Melbourne.

“I think what’s happened is a lot of these downsizers are trying to get some cash so they can get their kids into the market,” Mr Mellick said.

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NSW 2011

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