Cimic's (ASX:CIM) CPB wins work on $368m Sydney CBD tower

Latest Company News - Finance News Network

English - November 02, 2021 04:33 - 1000 KB
Business News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Insurance Australia (ASX:IAG) revises guidance after severe storms

Next Episode: Stocks of the Hour: Computershare, Goodman & Insurance Australia

02 Nov 2021 - Cimic (ASX:CIM) subsidiary CPB Contractors will be the builder of the new 39-storey premium commercial development Parkline Place, located above the north entrance to Sydney Metro’s Pitt Street Station. The contract was awarded by Parkline Place consortium partners Oxford, MEA and Investa and is expected to generate revenue of $368 million for CPB Contractors, according to Cimic.