Dwelling approvals jump by 19.1% in February
February saw approvals for the construction of new homes rise by a…
22 September 2017
It’s proving to be a very successful year for Probuild. The contractor recently topped HIA-Corelogic’s Construction 100 Report 2016/2017 with a total project value of $6.12 billion, a significant boost from last year’s position of fifth.
The impressive result more than doubled the company’s previous turnover of $2.4 billion.
Probuild can attribute their success to their work in residential construction this year. The company successfully navigated around the dire conditions for mining-related projects and delivered projects that the market required. Their non-residential construction work also served them well, increasing from last year’s $1 billion to an impressive $3.3 billion.
There were other big names in construction who made the list. Lendlease ranked second in the report with $5.3 billion worth of work, down from $8.3 billion the previous year – and Multiplex came in third with $5.1 billion.