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SRG Global (ASX:SRG) secures two specialist facades contracts valued at $20M

ASX News, Industrial
ASX:SRG      MCAP $435.3M
13 December 2021 12:58 (AEST)
SRG Global (ASX:SRG) - Managing Director, David Macgeorge

Source: Supplied

SRG Global (SRG) has secured two specialist facades contracts in Melbourne valued at around $20 million.

The first contract, with Lendlease on the Melbourne Quarter development, to design, supply and install specialist engineered curtain wall facades at the M1 building.

The company says the centrally located $2.9 billion Melbourne Quarter development has been awarded the highest sustainability rating for precincts in Australia through the 6 star green communities award, representing ‘world leadership in sustainable design.’

The new project will begin immediately and will run for around 17 months.

The second contract is with Multiplex, on behalf of the Victorian Health Building Authority, for the installation and design of wall and window facades for the new Footscray Hospital.

SRG says the $1.5 billion property represents the largest ever health investment in Victoria, aiming to treat around 15,000 additional patients and allow approximately 20,000 additional people to be seen by the emergency department each year.

The contract is expected to start immediately, running for around 24 months.

SRG Global managing director, David Macgeorge, says the contracts now brings the total wins announced in the last four weeks to $220 million.

“We are very pleased to be a part of these major development projects in Melbourne,” Mr Macgeorge said.

“This continues our longstanding relationship with Lendlease and Multiplex across Australia and highlights our position as a key partner of choice in our specialised core markets.”

SRG Global shares are in the grey trading at 50 cents at 12:27 AEDT.

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