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Growing holding prices, shrinking profit margins and weaker off-the-prepare condominium revenue have presently been driving a rise in the quantity of sites coming up available for purchase with permits or authorized enhancement programs.
Retail buyers in Australian Unity’s $500 million select cash flow fund are set to take a reduction over a 50 percent-crafted condominium task in inner-eastern Melbourne after delays pushed up expenditures and prompted the fund manager to promote, instead of set more money into, the troubled job.
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