With a continued rise in urbanisation and the growing demand for future proof public infrastructure, our strategy enables us to enrich communities and maximise sustainable outcomes.
We continue to deepen our expertise across multiple sectors to adjust and respond to changing customer demand. It’s a strategic approach driven by understanding our customers, and underpinned by our financial strength and ability to work alongside our investment partners. Applying this approach in a disciplined manner has enabled us to become a leading international property and infrastructure group known, respected and trusted inthe markets in which we operate.
We are continuing to drive forward, constantly increasing productivity, and utilising technology advancements and sustainable practices to maintain our competitive advantage.
Our pillars of value enhance our ability to originate, fund, build, deliver and manage major urbanisation and critical infrastructure projects. When these pillars work together we create safe, healthy and sustainable places for our customers and the communities we serve. This helps to enhance and strengthen the key cities we work in and builds trust and reputation with our partners.
We strive to deliver long term sustainable value for our investors and create an organisation of choice for our people.
Urbanisation creates increasing pressure to plan for, and accommodate, growing populations. By 2030, over 60 per cent of the world’s population is expected to live in urban areas. (1)
Urbanisation and population growth are creating strong demand for infrastructure. Global social and economic infrastructure spending was US$3.8 trillion in 2015 and is estimated to rise to an average of US$5.1 trillion per year between now and 2035. (2)
Global assets under management are forecast to grow over the next decade from US$85 trillion in 2016 to US$145 trillion by 2025. (4)
With two thirds of the world’s population living in urban areas by 2050, (1) the built environment faces increasing challenges, including climate change and social pressures such as inclusion, population growth and housing affordability.
The ageing population requires different housing solutions and greater healthcare services in all major markets. The proportion of the global population aged 60+ is projected to increase three times as fast as overall population (2.4% vs 0.8%pa) in average annual terms between 2015 and 2050. (3)
1. World Urbanization Prospects: The 2018 Revision, United Nations.
2. McKinsey Global Institute: Bridging Infrastructure Gaps – Has the World Made Progress? October 2017. Includes some Group Research calculations.
3. World Population Prospects: The 2017 Revision, United Nations.
4. Asset & Wealth Management Revolution: Embracing Exponential Change, PwC 2017.
5. RE: Tech: Real Estate Tech Annual Report 2017.