The developer behind Sydney’s controversial Sirius building redevelopment, run by former Macquarie banker Jean-Dominique Huynh, has collapsed after the company failed to repay millions of dollars to the family of a Chinese billionaire.
Huynh’s JDH Capital is the company behind the transformation of Sirius, built in 1980 beside the Sydney Harbour Bridge in The Rocks for public housing but sold in 2018 for conversion into luxury apartments.
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Campbell Kwan covers commercial and residential real estate for The Australian Financial Review, based in the Sydney newsroom. He was previously the breaking news reporter. Email Campbell at campbell.kwan@afr.com
Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
