News Articles for Simonds Group

BGC was the second major residential builder this week to paint a picture of how dire the sector is, posting a big annual loss.

Prominent building identity Craig Gemmill has called time on 15 years at his namesake company, selling his stake to co-founder John Wilson, but the Gemmill Homes brand will remain active in Western Australian homebuilding.

A major east coast homebuilder led by the former boss of BGC Residential is planning to expand its national footprint, and WA is in its sights.

BGC's vertically integrated structure is unlike any other business in Australia and will narrow the field of potential buyers.

Former BGC Residential chief executive Kelvin Ryan has been appointed as managing director at Melbourne-based building company Simonds Group.

Three months after announcing an option to purchase Western Australia's eighth-biggest homebuilder, ASX-listed Simonds Group said today it would not proceed with the acquisition of Gemmill Homes.

Ardiden has appointed Bradley Boyle as executive director and Michael Stares as general manager – Canadian operations. Mr Boyle was formerly a managing director of Triton Minerals.

Challenging conditions loom for homebuilders in WA, as demand for new housing slows after record-breaking peaks of activity last year.

ASX-listed building company Simonds Group is set to pay $6 million to acquire Western Australia's eighth-biggest homebuilder Gemmill Homes, in a deal foreshadowed in September by Business News.

BGC has returned to its traditional position as Australia's largest home builder, with the latest data from the Housing Industry Association showing six Perth-based builders among Australia's top 20.