$500m fire sale: Lenders begin to break up Jean Nassif’s crumbling empire… German property giant Vonovia slips to $2.1 billion loss as sector struggles
More than $500 million worth of major Sydney housing development projects are poised to hit the market as fugitive Jean Nassif’s failed property empire is rapidly dismantled by major lenders seeking quick sales to recoup debt. Thousands of anxious apartment owners living in Toplace buildings are concerned that nothing will be left over for them …