Prestige Real Estate and Property Market News

Richard Gu's AXF pulls out of another Sydney home purchase

Lucy Macken
February 10, 2018
Chinese property developer Richard Mingfeng Gu made its name in Melbourne as one of the rising stars in property development, but in Sydney’s property circles his family company is better known for defaulting on the $19.8 million purchase of Hollywood star Cate Blanchett’s Hunters Hill mansion.