Ventia secures contract extension with City of Sydney
Stock | Ventia Services Group Ltd (VNT.ASX) |
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Release Time | 12 Sep 2025, 8:22 a.m. |
Price Sensitive | Yes |
Ventia secures contract extension with City of Sydney
- $100 million contract extension over 2 years
- Continuation of partnership since 2018
- Providing integrated facilities management services across 251 City-owned assets
Ventia Services Group Limited (ASX:VNT) has announced the extension of its Facility Management Agreement with the City of Sydney, valued at approximately $100 million over two years. The extension will commence on 22 January 2026 and continue through to 21 January 2028, reinforcing the City of Sydney's continued confidence in Ventia's ability to deliver high-quality, data-driven and strategic asset management services. Since the partnership began in April 2018, Ventia has provided integrated facilities management services across 251 City-owned assets, including iconic heritage-listed buildings such as Sydney Town Hall and Customs House. The scope of services includes hard and soft facilities management, project works, cleaning, maintenance, and strategic asset management. Ventia's Managing Director and Group CEO, Dean Banks, stated that the partnership is a testament to how innovation and collaboration in facilities management can create value and maximise the customer's return on investment.