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Leighton's new tack on Capital Square
7-October-08
Written by Rebecca Lawson
Leighton Properties Pty Ltd said it expects to lodge a bid for the Capital Square site after confirming that negotiations with the property's joint venture partners, Saville Australia and Babcock & Brown, have been terminated.
In a statement, Leighton said negotiations had ceased after the parties were unable to finalise terms.
Last month, WA Business News reported that Leighton would take a stake in the $1.3 billion project after submitting a development application with the City of Perth.
Article continues...
7-October-08
Written by Rebecca Lawson
Leighton Properties Pty Ltd said it expects to lodge a bid for the Capital Square site after confirming that negotiations with the property's joint venture partners, Saville Australia and Babcock & Brown, have been terminated.
In a statement, Leighton said negotiations had ceased after the parties were unable to finalise terms.
Last month, WA Business News reported that Leighton would take a stake in the $1.3 billion project after submitting a development application with the City of Perth.
Article continues...
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