Source: SRG Global
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • SRG Global (SRG) secures two specialist façade contracts in Perth valued at approximately $70 million
  • The projects are located at Westralia Square and Elizabeth Quay West with SRG responsible for design, supply and installation
  • The first project is expected to be completed in nine months time while the second will take approximately 12 months with work on both projects starting straight away
  • SRG Global’s shares are up 5.43 per cent, trading at 48 cents each

SRG Global (SRG) has secured two specialist façade contracts in Perth valued at approximately $70 million.

The company said the project works include the design, supply and installation of specialised engineered curtain wall façade.

The first contract is reportedly for the Westralia Square project with Built, on behalf of GDI Property Group (GDI). The contract is expected to start in January 2022 and will run for approximately nine months.

SRG said its works include the high performance curtain wall facade to office floors as well as podium level including the revolving door entrance and Mounts Bay Road glazing upgrade.

The second contract is at the Elizabeth Quay West development to be undertaken along with D and C Corporation for façade construction. The façade is for the Kerry Hills Architect designed 55 level and 30 level tower developments. The 55 level building will reportedly be Perth’s largest residential tower.

The project is expected to start immediately and run for approximately 12 months.

SRG Global Managing Director, David Macgeorge was pleased to have secured the contracts.

“We are very pleased to have secured these new contracts and be a part of these significant development projects in Perth. These contract wins highlight the strength of our relationship with key repeat clients.”

Shares in SRG Global were up 5.43 per cent at 48.5 cents each at 1:52 pm AEDT.

SRG by the numbers
More From The Market Online

‘Customer wins’: DigiCo REIT upgrades FY26 outlook on new centre contracts, sped-up expansion

DigiCo Infrastructure REIT has landed new "customer wins" across its Australian data centre portfolio, prompting the…
Data centre interior

DigiCo Infrastructure REIT dives -10% after inaugural results fails to excite

DigiCo Infrastructure REIT (ASX: DGT) has plummeted -9.7% in afternoon trade, …
Wooden blocks signifying a house

REA Group spikes over 6% intraday after chalking up strong results win

REA Group (ASX:REA) charged as much as +6.6% higher in intra-day trade after investors reacted positively to the company’s strong results announced today.
Picture of Chatswood Chase Shopping Centre

Cromwell sells Chatswood JV stake to BlackRock for $87 million

Cromwell Property Group (ASX: CMW) has signed a deal to sell its 50% share in the Chatswood joint venture to BlackRock for $87 million,