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Sign in Sign up for a FREE subscriptionGreystar expands BTR exposure to Australia
Singapore-based Chip Eng Seng’s wholly owned subsidiary, CES Gladstone, has plans to sell a property site in South Melbourne, Australia for A$65 million ($49 million) to Greystar.
It is permitted for 722 apartments in three skyscrapers. Greystar has plans to make it a build-to-rent project.