AEG Ogden, the new joint venture of Los Angeles-based AEG and Brisbane-based Ogden IFC, has hit the ground running.
Company CEO and chairman Harvey Lister told Pollstar that AEG Ogden is one of three on the tendering shortlist for the Singapore Hub project, which includes a 55,000-seat stadium, 12,000-capacity indoor stadium and an external water sports complex.
A suitor will be chosen in February.
Lister said projects are forthcoming in China and the Middle East’s Gulf region.
AEG Ogden came about after AEG acquired a 50 percent share of Ogden IFC for a reported A$100 million.
Among others, Ogden looks after Telstra Stadium and Acer Arena in Sydney, the Brisbane and Newcastle Entertainment Centres, Cairns Convention Centre, Perth Concert Hall and the Kuala Lumpur Convention Centre in Malaysia. It’s also running the Qatar National Convention Centre and DLF Delhi National Convention Centre in India, which are currently under construction.
In the last year, Ogden-operated venues hosted 7.4 million patrons, sold $188 million in ticket sales and grossed $65 million in food and beverage revenue. It has more of a presence in the convention business than AEG and is more involved in installing hardware and software in its venues.
The new company will operate arenas, theatres, stadiums, and convention and exhibition centres across Asia, the Pacific Rim and Middle East.
The joint venture brings the number of venues affiliated with AEG Ogden to 65 and creates one of the largest venue and events businesses in the world.
AEG Ogden is also led by Ogden IFC’s executive director Rod Pilbeam in conjunction with Bob Newman, CEO of AEG Facilities.