Sekisui Chemical buys 51% stake in Australia homebuilder Ausbuild Group
Reuters2026/09/10 04:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sekisui Chemical to buy a 51% stake in Queensland homebuilder and land developer Ausbuild via its unit Sekisui Heim Australia AC.
- Deal covers Ausbuild Group and Ausbuild Partners, positioning Sekisui Chemical for a full-scale push into Australia’s housing market.
- Strategy centers on rolling out modular construction for terrace houses and townhouses, targeting implementation in about three years.
- Expansion plan also includes solar, storage batteries, and home energy management systems, alongside flood-resilient land development technologies.
- Ausbuild Group reported FY2025 net sales of AU$382.47 million, profit of AU$22.26 million, total assets of AU$343.78 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sekisui Chemical Co. Ltd. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.
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