Pindan Outlook Issue #30_English

pindan.com.au

Issue 30 | Winter 2016

Student accomodation contracts tailored to support higher learning Growing towns benefit from meticulous plans for commercial buildings Pindan Capital bolsters commercial property portfolio with East Coast acquisitions Indigenous employment feature

Curtin University | Kalgoorlie

A WORD FROM

GEORGE W

e have always prided ourselves on the strong values that define us as a company, and as proud members of the community here at Pindan.

I am also thrilled to announce that the sale of our charity home at River’s Edge in Guildford, netted over $230,000 for Parkerville Children and Youth Care.

Whether it is working in partnership with our clients, subcontractors and suppliers; fostering a sense of family with our employees; or lending a hand to those in need, our values have shaped our corporate culture and business approach for the past 39 years.

It has been a pleasure working with Parkerville during the past two years.

In this edition of Outlook, I am pleased to share a few examples of these values at work.

One inspiring story highlights the dedication of two indigenous West Australian businesses and the unique partnership Pindan has built with them.

A long term commitment by Pindan to mentor and support NorthWest Construction Services and Wirra Wirr Construction began with the National Partnership Agreement on the Remote Indigenous Housing (NPARIH) contract in 2010 and has seen Pindan help both companies grow and diversify into other trades as new contracts arose.

NorthWest Construction Services and Wirra Wirr Construction also worked on the $4 million Fitzroy Crossing Replacement Courthouse project which was recently given top honours at the 2016 Master Builders-Bankwest Kimberley/Pilbara Building Excellence Awards – an amazing accolade for all involved!

Parkerville Charity Home | Rivers Edge

Our donation will go towards their new Child Advocacy Centre in Midland and a room will be named after Pindan, an inspiring reminder of the way we can all work together to support those in need.

We have always felt it is vital to give back and it is humbling to reflect on the extraordinary efforts that have seen us raise over $850,000 from the sale of charity homes and staff fundraising efforts to deserving charities since 2007. We look forward to supporting more vital community groups in the future.

In other news, we have been putting the finishing touches on two student accommodation projects and two commercial redevelopments in Western Australia; Pindan Capital has continued its recent growth in the Eastern states, acquiring two substantial Sydney sites in off-market transactions and beginning construction on its East Lane apartment complex; and our Acquisitions Manager, Matt Stacy, reflects on the role he has held at Pindan for the past 12 years.

George Allingame Managing Director

New

Projects

Construction values unless otherwise indicated

Indigo China Green Apartments, Subiaco | Pindan Capital Construction of 89 one & two bedroom apartments.

A$79m (sales value)

completed

Projects Richmond Quarter, East Fremantle | AFG Property 119 luxury apartments and 25 commercial units.

St Thomas More, Crawley | St Thomas More College Council

Koh-I-Noor Aged Care, Wembley | Spine and Limb Foundation Inc. Design & Construct of an aged care development on the site of the existing Koh-I-Noor Aged Care Facility.

A$20m

Cockburn Operations Centre Redevelopment, Cockburn | City of Cockburn Construction of a two storey administration building, single storey animal facility and associated site works.

A$11m

Kingsway Christian College Performing Arts Centre, Kingsway | Kingsway Christian College Construction of a new performing arts centre.

A$10m

Harbour Village Apartments, Fremantle | Harbour Village Holdings Construction of 24 serviced apartments over four levels.

A$8m

Onslow Aquatic & Recreation Centre, Onslow | Shire of Ashburton Design & Construct comprising lap pool, leisure pool, change rooms, kiosk, entry, pump plant and car parking.

A$7m

Newman Senior High School, Newman | Building Management & Works Construction of a new single storey masonry and steel building at the existing Newman Senior High School.

A$6m

Electrical & Instrumentation Building, Karratha | Building Management & Works Demolition and refurbishment work to existing building, construction of new Electrical and Instrumentation control Building.

A$6m

Cape Lambert Utilities Building, Cape Lambert | Rio Tinto

Indigenous Housing , Kununurra | Department of Housing Construction of 18 residential dwellings.

A$5m

Design & Construct of Utilities Building comprising ablution, offices, meeting rooms & communications room.

GROH Housing, Onslow | Department of Housing Construction of four residential dwellings.

A$4m

ALDI, Ellenbrook | Insurance Commission of WA Construction of an ALDI Supermarket.

A$4m

Onslow Multipurpose Courts, Onslow | Shire of Ashburton Design & Construct of three multipurpose basketball/ netball courts.

A$3m

Wirrimanu Store, Balgo | Outback Stores Extensions and renovations to the existing Wirrimanu store.

A$3m

Tambrey Pavilion, Karratha | City of Karratha Design & Construct of a pavilion including a community hall, kitchen, server and change rooms.

A$2m

Renal Hostel, Kununurra | WA Country Health Service Construction of an eight bed renal hostel.

A$2m

New regional office with associated car parking and landscaping.

Workshop, Vasse | South West Solid Surfaces Construction of a concrete tilt panel factory/workshop and a brick veneer showroom.

A$2m

Indigenous Housing, Kimberley | Department of Housing

Construction of two accommodation blocks – 250 bedroom units, communal areas and parking.

Gascoyne Health Redevelopment, Exmouth & Carnarvon | Building Management & Works Construction of the Carnarvon Health Campus and Exmouth Health Service.

Braemar Aged Care, Willagee | Braemar Presbyterian Care 108 bed aged care facility with offices, kitchen, laundry and carpark.

Quest Short Stay Apartments, West Perth | Quest Design & Construct of 72 serviced apartments.

A$1m

Busselton High School Re-Roof, Busselton | Building Management & Works Removal and replacement of existing roof tiles, guttering & downpipes to various classrooms & learning areas.

A$1m

A$41m

A$27m

A$26m

Esperance Health Campus Stage 3, Esperance | Building Management & Works Stage 3 (emergency department) of the refurbishment and expansion of the Esperance Health Campus.

Indigenous Housing, Derby | Department of Housing Construction of four residential dwellings.

A$42m

A$21m

A$17m

A$15m

Dampier Community Hub, Dampier | City of Karratha Construction of a community building, early learning centre & community hall.

A$15m

Marina Drive Apartments, Ascot | Starfish Pty Ltd Design & Construct of a 35 apartment building including car parking.

Ellenbrook Commercial, Ellenbrook | Insurance Commission of WA Construction of stage 1a of a large format retail precinct.

Water Corporation Office – Stage 2, Karratha | Water Corporation

A$9m

A$6m

A$5m

A$2m

Refurbishment of 14 houses.

Yarrawonga Emergency Services Facility, Darwin | Department of Infrastructure – NT New ground level emergency services building and associated civil works.

A$0.5m

191 Great Eastern Hwy, Belmont WA 6104 | PO Box 93, Belmont, Western Australia 6984 | www.pindan.com.au Phone: (+61 8) 9471 5300 | Facsimile: (+61 8) 9277 6133 | Email: pindan@pindan.com.au | ABN 40 070 129 815

Student accommodation contracts tailored to support higher learning

Curtin University, Kalgoorlie | from left: Gavin Bell (Construction Manager), Andrew Moore (HSE Manager), Carole Fletcher (Curtin Uni’s Manager of Agricola College/Housing & Recreation Services), Tony Goodsell (Design Manager) & Barry Donkin (Site Manager)

F

o l lo w i n g t h e s u cce ss o f i t s a w a rd - w i n n i n g St Catherine’s College redevelopment in Nedlands, Pindan has embarked on two more student accommodation projects.

The first, at nearby St Thomas More College, was occupied in February 2016 and saw Pindan build 246 bedrooms, common rooms with kitchen facilities, laundries and study rooms as well as a stand-alone recreation facility and a basement car park.

Meanwhile at Curtin University’s Kalgoorlie campus, a $30.7m extension of the existing facility is taking shape and due for completion by the end of the year.

Business Development Manager for Pindan, James Allingame, said Pindan won the $43.7m contract at St Thomas More College thanks to its extensive portfolio of student accommodation projects, including the neighbouring St Catherine’s redevelopment which also houses students from UWA. “Our experience with similar contracts, coupled with our access to quality subcontractors with a great track record for delivering student accommodation facilities, place Pindan in an excellent position to meet the unique needs of each client,” he said.

According to James, the complex nature of constructing or redeveloping buildings while minimising disruptions to the day-to-day operation of such facilities, require Pindan to adopt

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OUTLOOK

carefully considered construction methods and project management solutions.

“At St Thomas More, the construction included an in-situ concrete basement car park, AFS load bearing party walls, face stack bonded brick façade and aluminium composite cladding and sunshading,” he said.

“Getting the program just right was vital due to the high level of finish to the units, the extensive amount of face brickwork and external hardscape works, as well as working within an operating student accommodation environment.

“But with careful project management and acceleration of works, we were able to meet our projected timeline and hand over the project before students began the 2016 academic year.”

At Curtin University in Kalgoorlie, the existing student accommodation is being extended over two stages to include new rooms for 180 students and refurbishment to 48 rooms.

Pindan was responsible for the design and construct of the project in consultation with AJ+C, a Sydney based architectural firm.

“The works included the demolition of the old student accommodation blocks, upgrading of site wide inground infrastructure and the construction of new student accommodation including the main administration centre and reception,” James said.

The four main building blocks were constructed from prefabricated modules and transported to Kalgoorlie.

“Pindan is responsible for the foundations, installation of the units, connection of the services, installation of final finishes to corridors and all external works including in ground services and landscaping.”

All building services are linked back to Curtin’s Bentley campus and can be monitored remotely, he added.

James said the use of pre-fabricated modules added a level of complexity from a contractual and quality assurance perspective but the team worked tirelessly to ensure the modules were compliant and the strict tolerances between the in-situ site works and the modules were met.

“This project is being built in two stages to allow students to remain on campus during construction,” he said.

“Other challenges to date have included managing works around existing service infrastructure without as-built drawings and selecting, procuring and installing all of the furniture, fixtures and equipment for the project.”

James added that each building was erected on site in four days with the use of a 200 tonne crane and the finished facilities are believed to be the highest buildings in Kalgoorlie.

“Stage 1 began in October 2015 and was completed in early May 2016 and Stage 2 followed in late May and is expected to be completed by December 2016.”

St Thomas More, Crawley from left: Tom Mitchell (Head of College), Craig Martin (Site Manager), Piero Raffa (Finishing Site Manager) & James Allingame (Business Development Manager)

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Artist impression of Newman’s Town Centre Redevelopment

Growing towns benefit from meticulous plans for commercial buildings

P

indan has bolstered its reputation for skilfully building shopping centres, with significant commercial redevelopments nearing completion at two of Western Australia’s fastest growing town centres.

Geographical constraints are proving no match for the Pindan team in Newman, where a $26.4m town centre redevelopment has been underway since June 2015.

In the Perth metropolitan area, the new Ellenbrook Bulky Goods precinct next to The Shops at Ellenbrook is taking shape.

Valued at $5.9m, Stage 1 of the Ellenbrook Bulky Goods project was completed in March, allowing anchor tenant 1st Choice Liquor to begin its internal fitout and commence trading in May. Stage 1A, valued at $2.8m, is on track to be finished by August to allow supermarket giant ALDI to start its planned fitout and open before Christmas. While both projects were designed and constructed by Pindan, each presented unique challenges

06

OUTLOOK

that called for open communication and creative solutions to reduce costs and meet the clients’ timeframes.

Both stages were designed to include tilt up concrete panel structures with insulated roof panels. Construction of Stage 1 began in September 2015, while Stage 1A got underway in March this year.

The external finishes comprised of Maxline colorbond cladding, prefinished CFC and painted concrete panels to Stage 1 and Stage 1A includes kingspan wave panels, alucabond and painted concrete panels.

Director of Constructions, Mark Thomspon, said special consideration was given to the flooring during both stages of works to meet the clients’ needs.

“At the 1st Choice Liquor tenancy, the concrete slab became the finished floor and was grinded to expose the aggregate and polished,” he explains.

“We took great care during construction to protect the floor and limited certain activities because any patching would have

Rob Lyons (Site Manager) and Ben Murphy (Project Manager) in Ellenbrook

been visible in the final product. We also used alternative propping methods to avoid fixings into the floor.

Pindan also undertook a value engineering initiative to reduce

“For Stage 1A, the floor was poured after the roof was installed, as required by ALDI.”

“We took a cross disciplinary approach to value engineering

Meanwhile, the residents of Newman in the state’s North West are eagerly watching their retail development come to life, with a new supermarket, internal mall and retail tenancies, associated plant areas and service yard as well as parking for 150 cars on the cards for their town centre.

their target price, whilst ensuring the quality of the design

Dickie Dique, Director of Pindan Contracting, said the facility has been designed with flexibility in mind.

“Upon completion, the complex will accommodate a mixture of retail outlets from cafés to fast food restaurants and clothing stores,” he said.

Dickie said Pindan overcame storage issues on site by manufacturing the precast concrete panels and structural steel in Perth and transporting them to Newman by road train.

“As the project is located in the centre of town and we did not have space to store all of the materials, the concrete panels and structural steel were installed in stages,” he said.

“The delivery of the panels was managed with three road trains on rotation to keep up with the supply demand onsite and, as the panels had to be lifted from truck to position, a great deal of coordination was required to erect the structure.”

the overall build cost and maintain value for the client. by organising collaborative workshops with the client to meet remained achievable,” Dickie explained.

Dickie added that in order to expedite the programme and provide maximum time to develop the client’s preferences for internal layouts and services, Pindan developed a strategy to erect the structure prior to constructing the floor slab.

“This allowed the shop drawings to be developed alongside the consultant design drawings so the building structure could be pre-manufactured and installed early in the project programme,” he said.

“The innovation of generating fabrication drawings during the design stage rather than the construction stage saved time and fostered an efficient integrated link between design and construction,” The car parks and retail centre forward works began in Newman in June 2015 and were completed in November 2015. The retail centre was started onsite in October 2015 and is scheduled for completion later this year.

Dickie Dique (Director, Pindan Contracting)

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Scott Staniforth (General Manager, Pindan Capital)

New World Towers | South Brisbane

P

indan Capital has acquired two substantial Sydney sites in off-market transactions, further confirming its significant growth on the East Coast during the past 12 months.

Both acquisitions have been syndicated by Pindan Capital through its network of high net worth clients.

A 54 apartment development site in Turramurra, on the east side of Pacific Highway, has been purchased for $14.2 million.

Scott Staniforth, General Manager of Pindan Capital, said the five-storey development has been designed by leading architects Rothe Lowman and its eye-catching appearance draws on a range of features in the local community.

“Through collaboration with the local council, the architects have designed a striking building that captures the heritage embodied in the stately homes and private schools in the area,” he said.

Each apartment will feature sweeping corner views, which is a rare achievement in apartment developments of this scale.

08

OUTLOOK

Pindan Capital’s second purchase is the current Warner Music site located on Albany Street in Crow’s Nest.

The three-storey office building was purchased for $13.3m, has a net lettable area of 3,286sqm and one level of basement parking for 40 cars.

Warner Music has already signed a five-year lease for the top floor and the 1,609sqm site has three street frontages, making it an attractive long-term development proposition.

Scott said the purchase reflected the continuing strong demand in the Sydney market for income-producing assets with good tenant covenants.

“With Warner Music underpinning the rental income and the proposed Crows Nest train station nearby, the property is ideally located for future development,” he said.

“Pindan Capital is already well known for its residential developments and we are now looking to grow our commercial property portfolio as there are many investors seeking assets with solid yields.”

Pacific Highway | Turramurra

East Lane | North Sydney

Pindan Capital bolsters commercial property portfolio with East Coast acquisitions

DID YOU KNOW

?

• Starting from its original Pert h base, Pindan significantly gro Capital has wn its presenc e in Sydney and Bri has a substanti sbane and now al proportion o f its operations on the East Co • Construction ast. has commence d on East Lane in a joint venture North Sydney, development w it h WINIM that ha exceeded its p s successfully resale target. E a s t L a ne comprises and a ground fl 36 apartments oor commercia l space.

• Other develo pments includ e a major apart World Towers, ment project, N in South Brisb ew a n e b y joint venture H Roxy Pacific, w o stPlus and ith Pindan acti ng as the deve lopment mana ger.

• The same in vestors have a lso acquired th redevelopmen e substantial C t site at North altex F re m a ntle in Western under the sam Australia e structure.

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Outstanding courthouse project Draws judges’ attention

10

OUTLOOK

A

newly constructed courthouse in Fitzroy Crossing designed to meet the current and future needs of the area has taken out top honours at the 2016 Master BuildersBankwest Kimberley/Pilbara Building Excellence Awards.

Pindan was named the overall winner of the Best Commercial Building in the Kimberley/Pilbara as well as in the categories of Best Commercial/Industrial Buildings ($2.5m to < $6.5m), Excellence in Innovative Cladding and Excellence in Roofing at an awards dinner held in Broome on Saturday 14th May for outstanding work on its Fitzroy Crossing Replacement Courthouse project.

The $4.2m project was constructed for Building Management and Works over a nine month period and was completed in July 2015.

Designed by Sandover Pinder Architects, the contemporary complex replaced a dated facility and delivered a significant improvement to the justice infrastructure available in the West Kimberly region.

Pindan Contracting Managing Director Tony Gerber said input from local residents and judiciary helped to ensure the final design blended seamlessly with the existing community.

“Feedback from the local community influenced many design aspects including covered verandas, permanent shade structures in the landscaped grounds and the use of local native plants and trees,” Tony said.

“Natural light and local art were also used throughout the complex to promote a sense of calm and openness and the courthouse was specifically planned to complement the newly constructed Police station (also constructed by Pindan).”

The Kimberley Pilbara Building Excellence Awards combine both Residential and Commercial Construction of the Kimberley and Pilbara Regions and recognise the outstanding qualities of workmanship produced by Western Australian residential and commercial builders.

Rob Spadaccini (MBA WA President), Greg Birch (Project Manager) and John Lazarov (Bankwest)

Courthouse I Fitzroy Crossing

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Mentoring and mateship help indigenous enterprises to flourish

A

long term commitment by Pindan to mentor and support two of Western Australia’s most outstanding indigenous companies continues to have a positive impact on communities across the state.

Pindan has been instrumental in the growth and mentorship of NorthWest Construction Services (NWCS) and Wirra Wirr Construction into fully-fledged indigenous enterprises over recent years and Pindan’s Managing Director of Contracting, Tony Gerber, could not be prouder of their success.

“Both companies were engaged to assist us with the National Partnership Agreement on Remote Indigenous Housing (NPARIH) programme from 2010 to 2014,” he explained.

“We supported their start-ups by not only employing them as sub-contractors on the NPARIH but by working with them to diversify into other trades as new contracts arose.

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OUTLOOK

“They have risen to every challenge and we continue to engage their services for NPARIH, as we are again on the panel for 2014 to 2018, as well as other contracts across Western Australia.”

Tony said Pindan was privileged to be among a preferred few who have the opportunity to tender for NPARIH and had successfully completed $160m of works since 2010, thanks to dedicated contractors like Jade Barnes from Wirra Wirr and Mika McLennon and Frank Di Latte from NWCS. “Pindan is extremely proud of its commitment to indigenous mentorship and employment and this commitment is clearly evidenced by our continued presence on the panel,” he added.

Indigenous Enterprise Feature

pindan.com.au 13

Jade Barnes

Outlook spoke to the owners of Wirra Wirr Construction and NorthWest Construction Services to learn more about the unique partnerships they have formed with Pindan.

Wirra Wirr Construction

J

ade Barnes has been at the helm of Broome company, Wirra Wirr Construction, for the past 16 months but has been involved with Pindan projects for many years.

He spent those years saving to fund his own company and he and his wife used their house deposit and financial help from his father, brother, sister, uncle and brother-in-law to start Wirra Wirr.

Did you know?

Recent projects include concreting works at the Kununurra Renal Hostel and Fitzroy Courthouse and supply of concrete slabs and fencing for an indigenous housing project in Bayulu.

• Pindan has completed more than 300 new e Indigenous homes and 250 Indigenous hom me refurbishments under the NPARIH program since 2010 across the greater Kimberley, Pilbara and Gascoyne regions.

Jade said he had been working on Pindan jobs for several years when in 2011, while employed by a now defunct company, Tony Gerber and former Pindan Project Manager Barney McGorrigan offered him the opportunity to work for himself.

complete • The first NPARIH contract saw Pindan $110m of works including $80m in new her housing and $30m in refurbishments. A furt $50m has been completed since 2014.

“Pindan gave me a shot at running my own work and I am very thankful for the opportunities they have provided Wirra Wirr,” Jade said.

rd • Since 2010 Pindan has had the proud reco of sourcing no less than 20 per cent of its workforce under the NPARIH programme where either from the indigenous communities , or construction works have been undertaken from surrounding areas. n • In some communities this figure has bee as high as 45 per cent, resulting in the development of wonderful community relationships.

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Specialising in fencing and concrete works, Wirra Wirr employs 11 people to manage projects for Pindan in the Kimberley, Pilbara and other parts of Western Australia as required.

OUTLOOK

Barney provided valuable mentorship to Jade for several years before he returned home to the UK in 2015.

“Having guidance from Barney and other Pindan staff, and having someone to show me the ropes was invaluable.

“Barney would be very proud of what we have achieved,” Jade added. “He taught me how to deal with work on site and how to manage other contractors.”

Jade said the surety that Pindan could provide continuous work had been a significant help.

“It really does help the Wirra Wirr family to know that we have work to support the company and contracts keeping our employees busy,” he said.

Tony adds, “To their credit, the Wirra Wirr boys grasped the opportunity with both hands and over the years that followed, became one of our most trusted sub-contractors on the NPARIH project. Always hardworking, keen to learn and with an unrelenting “can-do” approach.”

Indigenous Enterprise Feature

NorthWest Construction Services

T

we work, thereby creating an opportunity for local people to be employed within their own community, and always give everyone a fair go."

Mika, who hails from the Aboriginal Community of Warmun (Turkey Creek) some 200km south of Kununurra in Western Australia, is a qualified surveyor. He joined forces with Frank Di Latte in 2012 when he identified a match between skills, work ethic, experience and values.

For example, before embarking on a project in a new community, NWCS will follow the stipulated protocols.

he brainchild of Gija man, Mika McLennon, NorthWest Construction Services was an opportunity to expand his existing knowledge base with over 20 years’ experience in the resources sector.

Led by Mika and Frank, NorthWest Construction Services (NWCS) – a proudly Aboriginal owned and operated company specialising in demolition and earthworks, surveying, external roofing and cladding, internal ceilings and linings and painting services – employs around 40 people.

It is one of the only Aboriginal construction companies operating in the Kimberley that is multi-trade.

Mika said NWCS had developed a very strong, dedicated working relationship with Pindan, highlighting that: “both companies are committed to working exclusively on as many projects as practical and this support has been fantastic”.

Frank added, “Pindan has helped NWCS enormously by providing opportunities that enable us meet our overall business growth strategy, including expanding our services by allowing us to develop and offer new trade components to our overall business model.

“Pindan have made this possible by extending opportunities to undertake new contracts.

"NPARIH is a unique program in that it stipulates the requirements of local Aboriginal employment and procurement. NWCS provides that solution – local community members are employed full-time for the length of the project.

“We are very proud of our ability to employ 20 to 30 per cent of our Aboriginal labour directly from the communities in which

Second nature to Mika, community engagement and cultural protocols have become a standard business practice.

In many cases this requires seeking endorsement from Councils and Elders as well as teaming up with government funded bodies responsible for supporting local people into jobs through the Community Development Programme.

Frank explains: "Organisations such as Job Pathways support us by introducing us to potential staff, interviewing them and signing contracts.

“This approach has a positive impact on local residents because the opportunity to try new trades allows them to accumulate skills in different areas and gives them a wonderful grounding to apply for future jobs.”

Mika adds: “We then provide references and referrals after a project is completed.”

When asked about the approach to deliver on the contracts, Mika noted, “We engage local people wherever we can and are proud to be Supply Nation Certified, an accreditation recognising that we are a majority owned and managed Aboriginal business."

Tony adds, “NWCS are dedicated to engaging and training indigenous labourers from each community they work in and, with our support, have steadfastly adopted new skills as projects called for them, expanding their services to include a host of valuable trades.”

Recent projects include the Dampier Community Hub and Kununurra Renal Clinic, in addition to the Department of Housing contracts.

Frank Di Latte and Mika McLennon

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Acquisitions Manager

Matt Stacy

Staff Profile

F

or more than a decade, Matt Stacy has been the go-to

that despite some “physical” changes – such as two office

person at Pindan to expertly assess and procure key

moves – the fundamental values of partnership that underpin

development sites.

Pindan’s success have remained constant.

As Pindan’s Acquisitions Manager since 2004, Matt has

“Over the same time, the property and construction industries

skilfully helped to negotiate deals on behalf of Pindan in a

have ridden a decade long mining boom which has led to

role that he light-heartedly describes as sometimes akin to

increased prices, values and dwelling densities,” he adds.

“throwing a handful of darts at a moving board”.

Working closely with Pindan’s Director of Development Management, Nick Allingame, and funds management division, Pindan Capital, Matt is responsible for assessing the best use for development sites and preparing cash flows to determine the appropriate land acquisition price.

“The projects we’ve acquired and funded under Pindan Capital have been great to work on and more recently, the South Brisbane, North Sydney, Turramurra and Crow Nest

unrealistic land prices which keeps things interesting!”

Prior to Pindan, Matt completed a Bachelor of Commerce (Property) at Curtin University and worked as a trainee valuer, before becoming licensed upon gaining his degree.

He spent several years in commercial and industrial real estate followed by six years with the Perron Group as a property analyst before joining Pindan in 2004.

apartment projects on the east coast have been interesting to

Matt names Pindan’s family-focussed nature and the fact that

be involved with,” he says.

“the doors of senior management are always open” among

“We are presently working on a residential development

16

“We are now dealing with the aftermath of high costs and

the things he enjoys most about his workplace.

portfolio that requires a large amount of due diligence

“Friday beers, sundowners, social functions and corporate

and cash flow revisions beyond count, which is always an

events are also pretty good,” he adds.

exciting challenge.”

And, when he is not negotiating a great deal, Matt enjoys

The licensed valuer has seen staff numbers more than treble

spending time with his wife and sons, aged 10 and 13, and

at Pindan during the past 12 years and happily acknowledges

taking part in a game of water polo during the summer months.

OUTLOOK

Record donation supports new child advocacy centre

Mary Fraser (Marketing Manager - left) and Bev Schubert (Director Corporate Services - right) present the donation to Basil Hanna (Chief Executive)

P

indan proudly donated more than $230,000 to Parkerville Children and Youth Care, its chosen charity for 2014 to 2016, at Parkerville’s annual Ladies’ Lunch in May. The donation which is the net proceeds from the sale of the Pindan/MBA charity home at River’s Edge in Guildford – is the highest amount raised since Pindan began formally affiliating with selected charities almost a decade ago.

Following the donation, Parkerville Children and Youth Care Chief Executive, Basil Hanna, said a room in the organisation’s new Child Advocacy Centre would be named after Pindan.

“The relationship between Pindan and Parkerville Children and Youth Care has been one of the best that Parkerville Children and Youth Care has experienced,” he said.

“In addition to the funds raised, it has provided the opportunity to build a strong relationship between staff; create greater awareness of the problem of child abuse in WA; attract more friends to Parkerville Children and Youth Care and provide regular fundraising events for Parkerville to attend.”

Parkerville Children and Youth Care was established as an orphanage for local children in 1903 and has grown from humble beginnings to become a nationally recognised specialist provider for children and young people who have suffered abuse.

Plans are underway to open a second Child Advocacy Centre in 2018 and Basil said Parkerville Children and Youth Care would maintain a strong relationship with Pindan.

“Parkerville Children and Youth Care will continue with their commercial relationship with Pindan into the future; as Pindan experts continue to provide professional support in the development of Parkerville Children and Youth Care’s new Child Advocacy Centre,” he said.

Managing Director of Pindan, George Allingame, said he was delighted that the Pindan team, and its network of subcontractors and suppliers, had raised $231,202 for such a worthy organisation.

“Pindan’s culture, built on family values, and with its strong focus on partnerships, is a perfect fit for the vital work Parkerville Children and Youth Care do in supporting WA’s most vulnerable children,” he said.

“Pindan is committed to supporting the community and since 2007 has assisted deserving charities in raising over $850,000,” he said.

“Our staff will continue to fundraise for Parkerville Children and Youth Care for the rest of this year and we look forward to a long and prosperous partnership with them well into the future.”

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