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Luxury apartments defy downturn

Nila Sweeney
Nila SweeneyReporter

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Sydney-based developer Crown Group has sold $63 million worth of luxury apartments including three penthouses, defying the collapse in sales seen in the broader market.

Despite the government's ban on public open homes, the developer said it was able to close more than $20 million worth of deals each month across February, March and April.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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    Original URL: https://www.afr.com/property/residential/crown-group-sells-63m-apartments-during-restrictions-20200520-p54umv