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Bankers kick-start Sydney’s high-end market with $16m sale

Bankers kick-start Sydney’s high-end market with $16m sale

Macquarie’s David Roseman trades up to JPMorgan boss’ Point Piper digs, the Prokop family pocket more than $25m and Rodney Adler buys a $9.5m Vaucluse house.

The Point Piper duplex was an off-market sale on behalf of Hong Kong-based JPMorgan boss Paul Uren for more than $16 million. 

Lucy Macken

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There was no rest for Sydney’s high-end housing market over summer, with a slew of big-ticket deals quietly done behind closed doors and led by Australia’s “masters of the universe”.

Take Hong Kong-based JPMorgan boss Paul Uren and his wife, Jennifer, who are the lucky recipients of a more-than-$16-million sale of their Point Piper waterfront residence – two years after they listed it with initial $18 million hopes.

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Original URL: https://www.afr.com/property/residential/bankers-kick-start-sydney-s-high-end-market-with-16m-sale-20210208-p570ed