Lendlease signs agreement with Atlas Holdings to divest UK construction business
The sale is part of Lendlease's plan to simplify its operations and concentrate on growing its Australian operations.
02 January 2025
02 January 2025
The sale is part of Lendlease's plan to simplify its operations and concentrate on growing its Australian operations.
The project will feature 30 residential buildings, with 770 fully completed units, along with commercial and green spaces.
The project is forecast to transform public transportation in the region with its first light rail system.
Completion of construction of the six-storey apartment building is expected by December 2025.
The initiative aligns with Saudi Arabia's Vision 2030 and underscores the company's commitment to environmental preservation.
The real estate and building site, known as MTL2, will be developed into a custom-built 5-megawatt (MW) Tier-3 data centre expansion project.
The DBO contract covers the EPC of two wastewater treatment plants in Ngwerere and Chunga.
The project is expected to be completed in January 2026.
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