Mega Apartment project may flood Melbourne market

Mega apartment project gets green light in Melbourne CBD 12 March 2016  AFR   by Nick Lenaghan A syndicate of expatriate Chinese investors has won approval to develop a $1 billion, high-rise apartment project, creating one of the largest residential developments in the Melbourne CBD. Approval for the massive project, which will deliver 1800 apartments in twin 79-storey towers, comes amid growing unease the apartment…