Wesfarmers forms 50:50 Built Living joint venture with Built Group for modular apartment manufacturing
Reuters2026/08/26 22:16- Wesfarmers agreed to form a 50:50 incorporated joint venture with Built Group to establish Built Living.
- Venture targets large-scale delivery of residential apartments using advanced manufacturing.
- Initial equity commitment up to $100 million to fund an Australian precast concrete manufacturing facility for medium and high-rise construction.
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