Golding - Contract awards

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Stock NRW Holdings Ltd (NWH.ASX)
Release Time 14 Aug 2026, 8:18 a.m.
Price Sensitive Yes
 NRW Holdings Announces Golding Contract Awards
Key Points
  • Golding awarded contracts for Yarrabilba and Shoreline
  • Combined contract value: approximately $130 million
  • Shoreline completion expected in July 2027, Yarrabilba in March 2028
Full Summary

NRW Holdings Limited (ASX:NWH) announces that its subsidiary, Golding Contractors Pty Ltd, has secured contracts from Stockland Development Pty Limited for civil works at Yarrabilba and Shoreline in Southeast Queensland. The contracts, valued at approximately $130 million, include major work packages at Shoreline and subdivision and infrastructure works at Yarrabilba. Shoreline, located in Redland Bay, is expected to house over 10,000 residents in 3,000 dwellings, while Yarrabilba, near Logan Village, will accommodate over 45,000 residents in 17,000 dwellings. NRW CEO Jules Pemberton highlights the significance of these contracts in strengthening Golding's relationship with Stockland.

Guidance

Combined contract value: approximately $130 million

Outlook

NRW Holdings expects these contracts to further strengthen Golding's relationship with Stockland and support the Queensland housing market.