PRESS
RELEASE
August 20, 2025
CSR ENTERS INTO AGREEMENT FOR SALE OF A MAJOR PROPERTY
ASSET IN AUSTRALIA; A$900 MILLION OF CSR PROPERTY ASSETS
ALREADY MONETIZED SINCE THE ACQUISITION BY SAINT-GOBAIN
CSR has entered into an agreement for the sale of its Badgerys Creek property
located adjacent to the new Western Sydney Airport, for consideration of A$575
million (c. €320 million).
The transaction is scheduled for completion on December 19, 2025.
The site is part of CSR’s property assets valued at least A$1.3 billion and identified as
monetizable in the medium term by Saint-Gobain at the time of the acquisition of CSR in
July 2024.
With the sale of Badgerys Creek and other CSR property assets already sold, this will bring
CSR property assets already monetized to A$900 million.
About Saint-Gobain
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes
materials and services for the construction and industrial markets. Its integrated solutions for the renovation
of public and private buildings, light construction and the decarbonization of construction and industry are
developed through a continuous innovation process and provide sustainability and performance. The Group,
celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose “MAKING THE
WORLD A BETTER HOME”.
€46.6 billion in sales in 2024
More than 161,000 employees, locations in 80 countries
Committed to achieving net zero carbon emissions by 2050
For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on X @saintgobain
ANALYST/INVESTOR RELATIONS PRESS RELATIONS
Vivien Dardel (+33) 1 88 54 29 77 Patricia Marie (+33) 1 88 54 26 83
Floriana Michalowska (+33) 1 88 54 19 09 Laure Bencheikh (+33) 1 88 54 26 38
Alix Sicaud (+33) 1 88 54 38 70 Yanice Biyogo (+33) 1 88 54 27 96
James Weston (+33) 1 88 54 01 24
Tour Saint-Gobain • 12 place de l’Iris • 92400 Courbevoie • France • Tel. +33 1 88 54 00 00 • www.saint-gobain.com
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