Wesfarmers forms 50:50 Built Living joint venture with Built Group for modular apartment manufacturing

• Wesfarmers agreed to form a 50:50 incorporated joint venture with Built Group to establish Built Living.
• Venture targets large-scale delivery of residential apartments using advanced manufacturing.
• Initial equity commitment up to $100 million to fund an Australian precast concrete manufacturing facility for medium and high-rise construction.

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. Wesfarmers Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: AMB5MPJ6HPSLNJMQ) on August 26, 2026, and is solely responsible for the information contained therein.