Investing

Telstra Sells $100 Million Prime Site In Melbourne

Earlier this year, Telstra, Australia's largest telecommunications and media company, took their ambitious plan of developing an $800 million-plus tower on their 4,000-square-meter prime development site in central Melbourne off the table, and has recently expressed plans of selling it instead for $100 million, Nick Lenaghan and David Ramli of Financial Review reports.

Real Estate News: Majority of US Households View Homeownership as a Good Financial Decision, NAR HOME Survey Shows

The recent Home Opportunities and Market Experience (HOME) Survey of the National Association of Realtors has revealed that majority of US Households still firmly believe that owning a home is a good financial decision.

Sydney's Very Own Downtown Abbey, Bishopscourt, Sold For $18 Million

After 105 years of ownership by the Anglican Church, Sydney's Downtown Abbey, Bishopscourt, has finally found new owners for $18 million, Courier Mail reports.
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