An artist's impression of the Precinct on Ogilvie development.

Diploma secures $66m contracts

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.

The company has signed a binding heads of agremeent to build 109 apartments at the Marina Edge development in Port Coogee for a subsidiary of local developer TRG Properties, in a deal worth $38 million.

It is the second contract between Diploma and TRG Properties in the Port Coogee precinct, following the award of a $35 million contract for the Ocean Edge development.


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