Homebush Bay. $190 miilion deal sealed

Japan’s largest housing developer, Sekisui House, has finalised two deals with property developer, Payce Consolidated,, under which Sekisui will take a 75 per cent share in $190 million of landholding in Sydney and Brisbane. The Sydney deal involves the development of an 8.3-hectare, 1900-apartment site with the existing Waterfront community at Homebush Bay, with an end value of $135 million, according to The Australian Financial Review.