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Primrose Riordan

The secret Ferrari fire sale while dozens are out of pocket

City Park is a quintessential modern business park in Melbourne’s Forest Hill. Fear, concrete, loathing, and photocopiers.

It was until August controlled by Chinese-based developer APH, which also had its offices at the 5.8-hectare property. APH collapsed in December but that’s not the end of the drama.

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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

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    Original URL: https://www.afr.com/rear-window/the-secret-ferrari-fire-sale-while-dozens-are-out-of-pocket-20250401-p5lo6e