Incolink invests to kick-start iconic Adelaide Market Square development
Posted on June 21, 2024
We have provided $15 million in capital to kick-start construction on the Market Square development, which will revitalise Adelaide’s CBD.
In a boost to the project and to the state’s economy, our investment will ensure building progresses well beyond early-stage works to peak construction and employment.
“This is an iconic project for South Australia and will generate more than 1000 Adelaide construction jobs for our members,” Incolink CEO Erik Locke said.
“We’re proud to be a major funder and to get the project moving forward for South Australians.”
Mr Locke said the capital investment would be put to work in the construction phase, providing funds to secure finance for the whole project.
He said Incolink is in South Australia for the long term, investing back into local construction.
“We want to invest in projects that generate jobs for our members in South Australian construction,” Mr Locke said.
Incolink uses returns on investments to offer industry-leading health and wellbeing services for workers.
These include our increasingly popular skin cancer checks, conducted for members on site.
The Market Square investment will get the project moving, generating jobs and a return that would flow back into the industry.
As a $1.2 billion national fund, we are well-positioned to drive improvements for workers and employers in South Australia.