Zaha Hadid Architects has posted a new construction update on its forthcoming XRL Topside Development at the Hong Kong High-Speed Rail West Kowloon Terminus. The project, which adds 3.2 million square feet of civic, office, and retail spaces above the existing train station, includes two.
Consortium offers $16.7 billion for Sydney Airport PUBLISHED BY 2 days ago
A consortium of investors is offering A$22.26 billion ($16.7 billion) for Sydney Airport Holdings Pty Ltd, betting on long term recovery of the travel sector after the pandemic.
The consortium offered A$8.25 (US$6.20) a share for the operator of Australia’s busiest airports, the company said in a stock exchange filing on Monday. Sydney Airport shares rose as much as 40 per cent to A$8 following the offer.
Members of the consortium include Australian investment manager IFM Investors, pension fund QSuper and Global Infrastructure Management (Australia), an affiliate of New York-based asset manager Global Infrastructure Partners.