Katherine housing project
This was a successful commercial venture designed to enhance AIG’s worth by expanding our residential property portfolio. There were no immediate social benefits intended for this project, and is a great example of AIG’s capacity to generate wealth. AIG’s construction arm Create Housing and Construction built three identical houses (except for the façade) designed to meet the specific design requirements for defence personnel. Rent from these properties continues to be a valuable source of wealth for AIG. This style of wealth creation is something AIG would be willing to replicate in the future.
Project completed date: 2018