SMH ·general ·31 minutes ago

Retail heir pays $51.5m for Crown apartment, taking property spree to $143m

Billionaire Alex Birkenstock , heir of German cult sandal brand Birkenstock, and his wife, Vanessa , have bought a $51.5 million whole-floor apartment in Sydney’s Crown Residences in cash. Transfer documents this week reveal Alex Birkenstock as the buyer of a four-bedroom, three-bathroom abode, previously owned by the late Robert Blann , Kerry Packer’s bookmaker.

Summary by Glance · SMH

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