Back
News

Balfour Beatty exits Middle East jv

Balfour Beatty has reached an agreement with its joint venture partner to sell its entire share in Dutco Balfour Beatty and BK Gulf in the Middle East.

The deal, subject to regulatory approval, is for a total cash consideration of £11m.

Since the start of 2015, Balfour Beatty has exited the Middle East, Indonesia and Australia in order to focus on its chosen markets in the UK, US and Far East.

Start your free trial today

Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.

Including:

  • Breaking news, interviews and market updates
  • Expert legal commentary, market trends and case law
  • In-depth reports and expert analysis

Up next…