News Articles for Probuild

Stockland has sued collapsed builder Probuild and a commercial plumbing company, alleging contractual breaches over the $116 million redevelopment of its Baldivis shopping centre.

Apartment developers are facing increasing costs amid tightening margins and constrained supply.

WA building companies are learning from the collapse of competitors over the past 12 months.

When administrators from Deloitte walked into the West Perth offices of WBHO Infrastructure in February, they knew speed would be critical to rescuing the business.

Creditors of WBHO Infrastructure will decide next week if they accept a bid by SRG Global to buy the collapsed company, with administrators warning the alternative is liquidation.

Administrators have been given more time to sell Probuild and WBHO Infrastructure, while further details on creditors and the sale processes have emerged.

Multiplex heir Andrew Roberts' construction company Roberts Co is set to expand its operations after offering to take over most of the Victorian-based assets of its embattled rival Probuild.

Subcontractors caught in the collapse of WBHO are being advised to assess their insurance policies, while industry premiums could be set to rise amid ongoing insolvencies.

About $14 million is owed to Probuild employees, while Main Roads is among those grappling with potential project delays.

Devwest Group has recommenced construction of an $80 million nine-storey office building and 13-storey residential tower after a seven-year hiatus.

Builders are struggling to stay afloat amid a sea of cost, labour and supply chain issues.

Administrators were appointed to 18 WBHO Australia entities overnight, including West Perth-based WBHO Infrastructure, and Probuild, which could be expected to owe at least $250 million.

Updated: South African business WBHO has withdrawn financial support for its Australian entity, putting the parent of $4.7 billion construction giant Probuild into administration.

Probuild has been named builder of the year and won the national high-rise apartment award for its Ritz Carlton development at the Master Builders Australia award night.

International border closures could crack the foundations of WA's student accommodation sector, but operators remain optimistic as projects progress.

Major commercial construction jobs have been derailed by the novel coronavirus crisis, with neither the public nor the private sector stepping up to provide certainty for contractors.

Treasurer Ben Wyatt says Curtin University's $500 million investment in new facilities is indicative of the evolution of universities to provide a wider benefit to surrounding communities.

Australian construction company Probuild has announced the appointment of Adam Barker as managing director for its Western Australian operations, while Sam Delmenico will move into a new role interstate.

Curtin University has secured a development partner for $300 million worth of works at its Bentley campus, which will include 1,000 new student accommodation beds, a 60-room boutique hotel and 3,000 square metres of commercial space.

WA's commercial construction bosses remain cautiously optimistic, even as the industry reels from the longest and largest contraction of activity ever recorded.

Our gallery of Perth's biggest construction jobs and who is doing the work, click through to view.

Four of the largest construction contractors in WA - unlisted companies Pindan, Georgiou Group, Doric/Jaxon and Perkins Builders - have achieved strong earnings and anticipate better conditions ahead.

Power Ledger co-founder Jemma Green has been named as EY's fintech entrepreneur of the year at the national awards in Sydney last night, while Melbourne-based Jo Horgan took out the main award.

Nearly 140 major projects are either under way or planned for WA, new research by Business News has found. Click through to access the new list on the BNiQ Search Engine.

Singapore-listed Fragrance Group is one step closer to realising its $180 million vision for a two-tower hotel-cum-office and residential development in the CBD's west end, with the City of Perth giving the project the green light.

First State Super has made its first major investment in Western Australia, with the Sydney-based superannuation fund signing a $190 million funding agreement with Sirona Capital for the Kings Square Fremantle redevelopment.

SPECIAL REPORT: Alternative construction techniques and new technologies are changing the way we build.

SPECIAL REPORT: Confidence is growing among WA's construction companies, with Business News research identifying at least $4 billion worth of major private and public projects starting to take shape and more investment planned. Click through for our list of key building projects under way.

The administrators of the Cooper & Oxley group of companies have withdrawn legal action in the WA Supreme Court against Sirona Capital, after trying to retrieve a $5 million investment.

Cooper & Oxley Builders has today gone into voluntary administration, but only after taking legal action to try and retrieve a $5 million investment in the Kings Square project in Fremantle.

The City of Fremantle has shortlisted six companies for the building contract for the civic building and library as part of the $270 million Kings Square redevelopment, while also announcing the demolition contractor for the council's old administration building.

This month's Subscriber News features Probuild, Indian Ocean Group, Stinson Air, Aspen Corporate, Execom Personnel, Atrico, Thompson & Redwood and Financ

Property developer Sirona Capital has today unveiled plans for the 5,500 square metres-plus retail component of its $270 million Kings Square project in Fremantle.

Probuild has today started construction work on Sirona Capital's $270 million Kings Square Fremantle renewal project, which will comprise a mix of commercial office and retail space, as well as a new administration and civic centre for the City of Fremantle.

Construction will start on Sirona Capital's $270 million Kings Square Fremantle revitalisation project in August, with national construction contractor Probuild signed to carry out the works.

Perth's upcoming development pipeline has a distinctly international flavour.

Doubt has been cast over a wave of proposed apartment and hotel developments, with a patchy sales market forcing developers to apply for extensions to planning approvals for hundreds of millions of dollars' worth of projects.

National construction contractor Probuild has added another big-ticket contract to its growing portfolio in Western Australia, having been appointed to build the $200 million NV Apartments development on Murray Street.

Probuild has awarded Perth-based Global Construction Services a $59 million contract for work on the $500 million Ritz-Carlton hotel and The Towers apartments project at Elizabeth Quay.

A for sale sign has gone up at the flagship project at Elizabeth Quay, with developer Far East Consortium putting its Ritz-Carlton hotel on the block just one week after Premier Colin Barnett turned the first sod on the luxury development.