AEG Operates Everywhere

AEG has expanded its facility management operations globally, acquiring an interest in Australia-based Ogden IFC – and together the companies say they will form a division to operate venues from China to India, with the Middle East and Africa to boot.

AEG President Tim Leiweke and Ogden IFC Chairman Harvey Lister announced the joint venture, called AEG Ogden, December 13th. Some facilities Ogden operates are the Telstra Stadium and Acer Arena in Sydney as well as Brisbane’s Suncorp Stadium, Brisbane Entertainment Centre and the Brisbane Convention and Exhibition Centre. Overall, Ogden claims 209,000 seats and more than $2 billion of assets under management.

AEG, which normally owns its buildings – such as Staples Center and O2 Arena – has been increasing its presence as a third-party facility manager. The entity now known as AEG Facilities has signed operating contracts with buildings like Minneapolis’ Target Center and Newark, N.J.’s Prudential Center.

AEG Ogden will be affiliated with 65 venues. Territories include China, India, Australia, New Zealand, the Middle East and North Africa.

"Merging the assets and experience of AEG Facilities with the great infrastructure and management team already in place with Ogden IFC is going to create an organization that will not only set a new standard within our industry but will have a positive impact on the diversity of programming and guest services throughout the region," AEG Facilities COO Bob Newman said in a statement.

Lister added that AEG Ogden will be announcing "new venue projects in the Asia Pacific region" in the coming months.