News Articles for Diploma Group

Property developer and construction contractor Diploma Group has incurred a loss for the year to June 30, reflecting a gross loss on its operating activities rather than write-downs.

New apartments in Scarborough are proving popular with buyers, with a quarter of the 100 apartments on offer at Psaros's Sundance development sold in the first week of marketing.

The state government may be struggling on some fronts, but it had some good news to announce on affordable housing.

The redevelopment of Rockingham Beach is set to continue, with a potential development site on Patterson Road coming to market through JLL.

Chinese developer Zone Q Investments is advancing plans for its second major apartment project in Perth, lodging a development application for a 21-storey tower on the corner of Beaufort and Aberdeen streets in Northbridge.

Global hotel groups are descending on Leighton Beach as the next wave of development emerges.

Agents expect the new planning guidelines for Scarborough to lead to a steady stream of development opportunities.

Board movements

Diploma Group has fallen back into the red, after delays in commencing work by its construction arm significantly affected its half-year results, but it is expecting the loss of profitability to on

Diploma Group has re-joined the fray at the Metropolitan Redevelopment Authority's Riverside precinct, being named preferred partner to develop the former Chemlabs site in East Perth.

The City of Rockingham's push for higher-density development along its coastal and CBD precincts is starting to pay dividends, with more than $100 million in residential projects under construction or approved to be built, which will collectively add more than 600 apartments, as well as two hotels.

Construction and development company Diploma Group will develop a four-level 24-apartment building in Subiaco, with a combined value on completion of $16 million.

Shares in Perth-based construction and development company Diploma Group have surged on news it will sell its Quest Serviced Apartments in Rockingham and Adelaide Terrace to undisclosed buyers for a combined value of $63.5 million.

Canning Bridge is firming to become Perth's next big infill opportunity.

Developers are keen to take advantage of new planning guidelines at Scarborough Beach, with the state government-backed $57.5 million revitalisation designed to encourage hundreds of millions of dollars worth of private sector investment.

Developers and prospective buyers of apartments with ocean views remain frustrated by the lack of opportunities along the metropolitan coast.

Belmont-based property developer and construction company Diploma Group plans to build a $35 million, nine-storey residential apartment building in Scarborough, after buying two adjoining blocks of land along West Coast Highway.

BGC has been knocked off the top spot in a ranking of Australia's largest home builders, but the Perth-based company remains the nation's biggest builder of detached houses.

The eastern edge of Northbridge is emerging as Perth's next hotspot for apartment development with four new projects proposing more than 600 dwellings or hotel rooms seeking approval.

Property development and construction company Diploma Group has recorded a 194 per cent lift in net profit compared with the previous financial year, continuing its run of recovery.

The City of Rockingham is advancing plans for a major redevelopment of its foreshore, opening the door for high-density residential and commercial development on the beachfront.

QUEST Serviced Apartments says five new projects in the Perth metropolitan area will cater for increasing demand from corporate travellers, while at the same time more than doubling the group's roo

Developer Sirona Capital's mooted $30 million, 73-room Quest apartment hotel in the west end of Fremantle is the latest in more than $100 million worth of short-stay accommodation projects being planned for the port city.

Major redevelopment projects are transforming Perth's CBD, but only one precinct seems to be attracting anchor tenants.

Diploma Group has lined up a $16 million contract to build Sirona Capital's proposed Quest serviced apartment development in Fremantle.

The state government has put out the call for developers for the former chem labs site in East Perth, but the successful proponent will need to incorporate the heritage-listed laboratory buildings

International hotel chain Accor is increasing its presence in Western Australia, building a 15-storey Ibis Styles hotel in East Perth.

Diploma Group has bolstered its order book, securing agreements worth a combined $40 million for the construction of TRG Properties' Empire apartment development at Perry Lakes.

The alignment of chief executive salary packages with market capitalisation has been highlighted in Business News' latest quarterly salary survey.

Diploma Group has been awarded three contracts worth a total of $66 million for the construction of residential and commercial developments in the Perth metropolitan area.

SPECIAL REPORT: The state's mid-tier builders are sharpening their focus on specialised areas to ensure they fend off growing interest in local construction projects from eastern states-based companies.

SPECIAL REPORT: The state's major builders appear unfazed to be operating in what's considered among Western Australia's most competitive and closely monitored business sectors.

The number of hotel rooms in Perth is set to grow by at least 1,400 over the next three years after three major developments were confirmed this week.

SPECIAL REPORT: Perth hotels have varied their marketing message to attract more of the leisure market, but new developments will present additional challenges.

A $35 MILLION housing, training and support centre has opened in Leederville to support the state's growing number of vulnerable youth.

Is $1,500 per day plus all reasonable expenses a good rate of pay for the top executive at a junior mining company in the midst of a cost-cutting drive? Read Business News' latest quarterly salary survey to learn more.

Construction and development firm Diploma Group has been fined by the corporate watchdog for failing to comply with its continuous disclosure obligations.

Construction and development company Diploma Group has continued to rebuild its earnings, reporting a net profit of $1.9 million for the six months to December 31, but the timing on some of its pla

FEATURE: Salaries have come under huge pressure during the past year as widespread cost cutting takes its toll on executives' take-home pay.

FEATURE: It has been a difficult year for many of WA's listed entities, but investors are backing the performance of most of the state's top executives.