Three Consortia Shortlisted For Sydney Convention Centre Project
November 30 2011 - 5:06PM
Dow Jones News
Three consortia dominated by Lend Lease Group (LLC.AU),
Brookfield Asset Management Inc. (BAM), and private contractor
Laing O'Rourke have been shortlisted to build a 12-hectare
convention center precinct in central Sydney, the government of New
South Wales state said Thursday.
In a statement, the state's Premier Barry O'Farrell said the
three consortia would enter talks with the government and a
preferred bidder would be selected by the end of 2012, with the
precinct due to open late in 2016.
The precinct, in Darling Harbour immediately to the west of
Sydney's central business district, would comprise convention,
exhibition and entertainment facilities.
The three consortia are Destination Sydney, comprising divisions
of Lend Lease, Spotless Group Ltd. (SPT.AU), Capella Capital N.V.
(CLI.XE), AEG Ogden Pty. Ltd. and InfraRed Capital Partners Ltd.;
Key Partners, comprising divisions of Laing O'Rourke, John Laing
PLC, Macquarie Group Ltd. (MQG.AU) GL Events S.A. (GLO.FR), and
Honeywell International Inc. (HON); and VeNuSW, comprising parts of
Brookfield, Plenary Group Ltd., and Suntec Int. Convention &
Exhibition Services Pte. Ltd.
-By David Fickling, Dow Jones Newswires; +61 2 8272 4689; david.fickling@dowjones.com
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