A development and construction group, with operating businesses across real estate, medical infrastructure, and industrial wastewater.
Corporate Profile · 2026
MERIDIAN CO.INDUSTRIAL WASTEWATER
NUR DevelopmentsReal Estate
Q Building GroupMedical Infrastructure
Australia
Southeast Asia
United States
Middle East
Who We Are
A development and construction group.
Meridian Co. designs, builds, and operates inside three sectors with structural long-term demand: real estate, medical infrastructure, and industrial wastewater.
Meridian Co. deploys private capital into essential infrastructure across healthcare, waste management, and real estate development. We focus on sectors that remain critical regardless of economic cycles, regulatory change, or global disruption.
Our integrated approach combines deep sector expertise, capital deployment, and operational execution across three verticals: medical infrastructure through QBG, industrial waste treatment systems, and strategic real estate development through NUR Developments, where we partner with governments on funded projects and public initiatives.
What ties these together is our conviction that critical infrastructure is both a social imperative and a compelling investment opportunity.
¼B
Quarter of a Billion in Real Estate Delivered
50+
Medical Infrastructure Facilities
3
Operating Businesses
4
Regions of Operation
Mission & Vision
What we are building.
Our Mission
We align with industry demands and needs as a core infrastructure partner, bringing operational excellence, the right global resources and networks, to scale.
Our Vision
A multi-vertical group recognised for the calibre of its real estate, medical, and industrial infrastructure across Australia, Southeast Asia, the United States, and the Middle East.
The Group
Our operating businesses.
Industrial Wastewater
Meridian Co. Wastewater
Engineered wastewater solutions for any industrial requirement, led by patented electrocoagulation technology and deployed through mobile and fixed treatment systems.
United States, Australia, Southeast Asia
Real Estate
NUR Developments
Luxury branded multi-residential and commercial real estate across New South Wales and Queensland. Co-founded with international sports star and celebrity, Usman Khawaja.
Australia
Medical Infrastructure
Q Building Group
A complete medical construction and fitout partner, equipped to deliver any facility across the healthcare landscape, from greenfield hospitals to specialist clinics and OEM-coordinated imaging suites.
Australia, United States
Corporate Philosophy
How the group compounds.
Meridian Co. operates as an investor-operator. Capital and capability move across the group through a single, repeatable process.
01 · Identify
Permanent markets
Real estate, medical infrastructure, and industrial water treatment - sectors driven by structural, non-discretionary demand. Resilient across economic cycles, geopolitical shifts, and generational change.
02 · Operate
Operating systems
We bring proven infrastructure, systems, and principles into every business we operate, built for consistent performance across our chosen sectors.
03 · Integrate
Group-level capability
Shared finance, governance, procurement, and capital access are installed across the group, creating a unified framework that scales with each new venture.
04 · Compound
Cash flow and appreciation
Hold for cash flow, asset appreciation, with selective realisations across the portfolio.
Independence
Objective decision-making secures the best outcomes for our partners.
Transparency
Open, collaborative relationships built on trust, with material disclosed where relevant.
Integrity
Once a commitment is made, the group stands behind it.
Competence
Deliver results, then refine the operating standard with every project.
Why Meridian
A group built to be held.
Meridian Co. is not a fund and not a single-asset operator. It is a group of operating businesses inside sectors where Meridian Co. has direct technical and commercial capability. Six things set the group apart.
01
Proven Track Record
A quarter of a billion in real estate delivered, 50+ medical infrastructure facilities, and over a decade of operation in industrial wastewater.
02
Investor-Operator Model
Each business is run for cashflow and asset appreciation, not held passively. Returns come from operating performance, not financial engineering.
03
Integrated Verticals
NUR, QBG, and Wastewater share legal, finance, capital introductions, and procurement leverage across the group.
04
Global Network
Active relationships across Australia, Southeast Asia, the United States, and the Middle East, including head-of-state and ministerial level access.
05
Government Engagement
Direct engagement with municipal, state and federal stakeholders across our operating regions, including Logan City Council and the Banda Aceh leadership.
06
Institutional Discipline
Underwrite the asset, install the operating team, hold for cashflow, exit when realisation is materially higher than entry basis.
Operating Business · 01Meridian Co. Wastewater
Meridian Co.Wastewater
Industrial Wastewater
Meridian Co. Wastewater.
Patented electrocoagulation-led industrial wastewater treatment, deployed through mobile and fixed units, with Up to 99.9% volume reduction.
A decade of operating proof from the group's Dallas facility, now deployed under the Meridian banner across the US, Australia, and Southeast Asia.
Meridian Co's patented electrocoagulation technology provides a flexible, efficient and cost-effective solution to treat contaminated water.
Up to 5,000 Litres / Minute
High throughput of up to 5,000 litres per minute, allowing large volumes of contaminated water to be treated quickly and projects to be completed in days rather than weeks.
Up to 60% Less Sludge
Up to 60% sludge reduction versus chemical methods, cutting disposal volumes and the costs that come with them.
~40% Lower Operating Costs
The overall cost of EC is approximately 40% lower than chemical coagulation. Reduced chemical inputs, faster processing and a smaller physical footprint, with lower disposal costs flowing directly from the reduction in sludge volume.
Up to 99.9% Water Extraction
Recovers up to 99.9% of treated water from the waste stream, maximising reuse potential and dramatically reducing freshwater demand, effluent discharge volumes and downstream disposal costs.
Most Efficient Power Use
Most efficient power consumption in the industry, producing clean treated water for discharge or reuse and reducing reliance on costly disposal and fresh water.
Customisable & Retrofittable
Systems can be tailored and retrofitted into a customer's existing wastewater treatment setup, minimising disruption.
Process
How EC treatment works.
A proven end-to-end process, from raw industrial waste to compliant discharge, managed by our technical team at every stage.
Mobile Capability
Mobile water treatment units.
Where permanent infrastructure is unavailable or impractical, Meridian Co. deploys fully self-contained mobile EC treatment trailers. Units are road-transportable, rapid-deploy and require no civil construction, delivering compliant discharge or reuse-quality water wherever the project demands it.
EC-250 Mobile Treatment Trailer
Interior corridor & processing bays
Industrial PLC automation & control panels
Subject Matter Expert
Michael Wasserman
Meridian Co. Waste Subject Matter Expert
In industrial wastewater services since 2013. TCEQ-permitted to treat Industrial and Municipal Solid Waste, reducing landfill footprint by Up to 99.9%.
US Clients
A roster of US industry.
Engagements across US manufacturing, technology, defense, and consumer brands.
and others
Industries Served
Technology & Data Centres
Automotive & EV
Defense & Aerospace
Energy & Utilities
Electronics & Semiconductors
Food & Beverage
Medical & Pharma
Heavy Industrial
Operating Footprint
United States
Greater Dallas, TX
Permanent facility, commissioned 2019. MSW Type V Liquid Treatment, 5M gallons/month.
Australia
Sydney, NSW
Sydney waste facility, our Construction & Demolition site with Cobra Waste Solutions, our Australian operating partner.
Southeast Asia
Singapore · Indonesia · Malaysia
Banda Aceh and Medan, Indonesia, and Sabah, East Malaysia , active deployment and engagement across SEA municipal and industrial operators.
Mobile
Trailer Units
Self-contained units, deployable on-site.
On the Ground · Indonesia
Government engagement and site deployment.
Engagement across Banda Aceh and Medan with municipal leadership, federal ministers, and industrial operators.
Invitation from the President of Banda Aceh, Indonesia , executive meeting with Federal Ministers to implement our patented wastewater technology.
Mayor of Banda Aceh , wastewater plant executive meeting.
SDLI Medan , wastewater site visit.
Medan, Indonesia , industrial wastewater site visit.
Banda Aceh wastewater plant , assessment for deploying our technology.
Banda Aceh, Indonesia , Industrial Waste Water Management briefing materials, August 2025.
Meridian Co. Projects · Flagship
Orchid Country Club Resort.
Resort Clubhouse & RooftopPadel & Pickleball CourtsNeighbourhood Retail PrecinctDriving Range & Pro Shop
Strategic Asset, Logan, QLD · Capital Raise: $60M
Orchid Country Club Resort.
A 75-hectare integrated sports, events and lifestyle precinct, positioned against the Brisbane 2032 Olympics.
A fully integrated precinct on 75 hectares in Logan City, Queensland, combining sports and recreation, luxury events, boutique hospitality, retail, dining and parkland into a single destination asset. The site sits adjacent to the M1 Pacific Motorway interchange, with Logan's eastern boundary running along the Logan River and a metropolitan catchment of more than 400,000.
Held under a long-term ground lease from Logan City Council. Designed to capture accommodation, events and commercial activity generated by the Brisbane 2032 Olympic and Paralympic Games. Companion infrastructure includes the 7,000-seat Logan Indoor Sports Centre, a $142M+ build funded by the State and Federal governments.
Meridian Co. is currently raising $60M against the project.
Capital Raise$60M
Site75 Hectares
Lease60 to 99 Years
Build Window3 to 7 Years
Catchment400,000+
Car Spaces1,000+
Companion Infra$142M+ Indoor Centre
Olympic Tie-inBrisbane 2032
Government & Council Engagement
Working with Logan City Council.
75 Hectare site meeting, Orchid Country Club. Usman Khawaja, Mayor of Logan John Raven, Mr Ali Abbas and Mr Nofel Quddusi.
Orchid Country Club Resort, meeting with Logan Council Senior Executive Director Cassidy, Queensland.
Operating Business · 02NUR Developments
Real Estate
A boutique multi-residential and commercial developer.
Luxury multi-residential and commercial real estate across New South Wales and Queensland, originated, capitalised, and delivered with conviction in every project.
PresenceNSW · QLD
FocusMulti-Residential · Commercial
Pipeline2026 to 2029
Nofel Quddusi and Usman Khawaja, Maroubra site, NSW. Active across the East Coast of Australia.
Co-Founders
Nofel Quddusi
Co-Founder, NUR Developments
Leads origination, capital structuring, and project delivery.
Usman Khawaja
Co-Founder, NUR Developments
International sports star and celebrity, and long-form real estate investor. Co-leads origination and external partnerships.
What We Do
Multi-Residential
Townhouse, unit, and apartment projects in inner-metro locations across NSW and QLD.
Commercial
Selective commercial real estate where the operating thesis carries the underwrite.
Track Record
Total project value delivered.
Delivered and contracted across four asset classes.
Residential
$107.6M
Commercial
$55M
Option Contracts
$53.3M
Multi-Dwelling
$29M
TOTAL DELIVERED PROJECT VALUE$250M+
Current Pipeline
2026 to 2029 pipeline.
South East Queensland and New South Wales, structured around the 2032 Brisbane Olympics infrastructure cycle. Conviction over volume, four flagship projects below.
22A Hampson St, Kelvin Grove QLD 4059
Kelvin Grove.
GRV$13M
Build10 Units
Est. Completion2029
3 Yarranabbe Road, Darling Point NSW
Darling Point.
GRV$45 to $50M
Build4 Apartments
Est. Completion2028 / 2029
141 to 155 Commonwealth Street, Surry Hills NSW
Surry Hills.
GRV$58 to $60M
Build21 Units
Est. Completion2028 / 2029
Maroubra, Sydney NSW
Maroubra.
GRV$19M
BuildDuplex
Est. Completion2026
Beyond the flagship projects, NUR carries a deeper pipeline of additional projects under management across the eastern seaboard.
6+
Additional Projects in Pipeline
$188M+
Combined GRV
Operating Business · 03Q Building Group
Medical Infrastructure
Q Building Group.
Medical construction and fitout: greenfield facilities, hospital refurbishment, and OEM-coordinated imaging suites (CT, MRI, PET, interventional), under one head contract.
PresenceQLD · NSW · VIC · SA
ReachNational contractor base
Track Record
50+
Medical Facilities Delivered
4
States, Australia
9
Tier-One Partners
Delivery across QLD, NSW, VIC, and SA under repeat-engagement frameworks.
2026 Outlook
250+
Projects, Target
$50M+
Revenue, AUD
~30%
Operating Margin
Featured Build
Radiology & imaging centre.
One head contract: reception, OEM-coordinated CT suite, dedicated X-Ray room.
Three stages, one head contract, from greenfield centre to single CT room fitout.
1
Design & Coordination
Site assessment, clinical workflow, and OEM coordination.
2
Build & Fitout
Greenfield delivery, refurbishment, and fitout to OEM spec.
3
OEM Commissioning
Equipment install, calibration, and acceptance testing.
Medical Technology Partners
Institutional Radiology Partners
Group Reach · Beyond the Operating BusinessesSister Companies & Networks
Group Reach
Group reach beyond the operating businesses.
Beyond NUR, QBG, and Meridian Co. Wastewater, the group holds adjacent positions through sister companies and long-standing operating relationships.
Steel
AGE Steel.
Sister company to Meridian Co., headquartered in Dubai with operating exposure across Saudi Arabia. AGE Steel anchors the group's industrial supply position into Middle East infrastructure and adjacent project markets.
Headquarters, Dubai, United Arab Emirates. Operations, Kingdom of Saudi Arabia.
Medical, United States
Dallas Medical Network.
Through Cactus Reclamation Services and the group's Dallas operating base, Meridian Co. holds working relationships with private hospital and clinical operators in the Dallas-Fort Worth metropolitan area. These relationships sit alongside the wastewater business and provide the group with optionality across US medical infrastructure.
Each Meridian Co. business is held to the same operating standard, with quality assured through accredited frameworks and supplier discipline.
Quality of Delivery
Every project is underwritten on the asset and delivered to spec, with senior principals accountable for outcomes from origination through to handover.
People & Capability
Group counsel, project managers, OEM coordinators, and regional operating partners across four regions, supported by ongoing training and shared governance.
Suppliers & Partners
Direct relationships with imaging OEMs, council and government stakeholders, and tier-one industrial operators, all subject to group-level due diligence.
Geographic Presence
Four regions, one operating standard.
Australia
Brisbane (Group HQ) Sydney Melbourne Adelaide Gold Coast
Southeast Asia
Singapore Jakarta Banda Aceh, Indonesia Medan, Indonesia Sabah, East Malaysia Kuala Lumpur
United States
Dallas-Fort Worth Wilmer, Texas
Middle East
Dubai Riyadh Dammam
Contact
Contact.
Nofel Quddusi
Founder and Principal, Meridian Co.
Brisbane, Australia. By introduction or prior engagement.
This document is the corporate profile of Meridian Co. and its operating businesses, prepared for institutional capital partners, senior professionals, and government stakeholders. Figures presented reflect delivered and contracted positions as at the date of issue. Forward-looking statements, including pipeline and outlook figures, are good-faith projections and do not constitute an offer of securities or financial product advice.
Confidentiality Notice
This is confidential information, intended only for the recipient with whom it has been shared. It is not to be forwarded, redistributed, or used for any further communication. If you have received this document in error, please delete it and inform Meridian Co. immediately.
Meridian Co.
