A recent (21 June 2019) presentation from FBR included several slides on the Hadrian X commercialisation strategy – Wall as a Service TM. One slide which particularly caught our attention stated that the potential WaaSTM market in Australia and Europe - via JV agreements with Brickworks and Wienerberger - is A$3.5bn and A$9bn respectively. In addition, FBR is targeting 10% of the global market for low-rise construction over the next 15 years.