Sydney Is Next Stop for Dubai's Cashed-Up Property Developers
Today's must-reads:
• Dubai developers eye Australia
• New podcast on interest rates
• Macquarie-backed LNG developer in limbo
Cashed-up Dubai property developers are looking to Australia for expansion. Arada Developments plans to build 2,500 homes and has bought six plots in Sydney and the Gold Coast. Sobha Realty, owned by a tycoon from India, is also looking Down Under.
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