For a man who maintains residences in both London’s Belgrave Square and Dubai’s Palm Jumeirah, a waterfront Sydney property is assured. Still, you might wonder why Sanjeev Gupta needs two.
Since 2019, the steel magnate has owned Bomera, a historic Potts Point mansion purchased for $30 million. And yet, on August 30, he settled on a waterfront apartment in nearby Woolloomooloo, paying former owner John Laws at least $10 million for the privilege.
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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com
