La Trobe University in New South Wales, Australia has selected Plenary Group as a preferred master development partner for its AUD5 billion (US$3.53 billion) University City of the Future PPP project.
The University City of the Future will be located at the 235-hectare Bundoora campus and include a dynamic research and innovation precinct, sporting and sports research facilities, a major health and wellbeing hub, and new commercial, retail and residential developments. The project will contribute to economic and social growth in Melbourne, by creating educational facilities for over 40,000 students, around 20,000 new jobs and up to 3,000 construction jobs per year.
The University City of the Future project will create AUD3.5 billion (US$2.45 billion) in Gross Regional Product (GRP) over the next ten years.
Country updates
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May 03, 2022
DigitalBridge to acquire USD 493 million worth Infrastructure equity business
AMP Limited announced that it has entered into an agreement for the sale of Collimate Capital’s international infrastructure equity business to DigitalBridge Investment Holdco, LLC.
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April 19, 2022
ARTS invests in KKR Diversified Core Infrastructure Fund
Arkansas Teacher Retirement System (ARTS) has committed the investment of US$25 million in the Diversified Core Infrastructure Fund (DCIF), managed by KKR. The open-ended fund has already raised US$6....
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April 16, 2022
Construction started for Interstate Intermodal Terminal project in Sydney
National Intermodal Corporation has started the construction phase on the new US$514 million Interstate Intermodal Terminal at Moorebank Logistics Park in Sydney’s southwest, Australia. Th...
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April 11, 2022
Last stage of Gold Coast Light Rail PPP project in planning
The planning process has begun for Stage 4 of the Gold Coast Light Rail project, which will connect Burleigh Heads to Coolangatta via the Gold Coast Airport in Australia. The 13 km-long so...
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April 06, 2022
Financial close achieved for Stage 3 Gold Coast Light Rail PPP project in Queensland
GoldlinQ consortium, the project owner for Stage 3 of the Gold Coast light rail concession in Australia, has achieved financial close after raising AUD1.2 billion (US$916.47 million) for the project....
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