In the news

Local player Pellicano steps up build-to-rent with $225m project

Australian Financial Review
02 March 2023
Nick Lenaghan, Property editor

Private developer Pellicano is rapidly accelerating its pipeline of build-to-rent projects, with plans for a $225 million project at Robina on the Gold Coast as the emerging sector gains traction more broadly in the market.

Family-owned Pellicano is diversified across commercial, industrial, retail, hospitality and residential and has been stepping up its exposure to rental housing over the past three years. []

Its BTR pipeline in Queensland and Victoria has expanded to about 2000 apartments. For Pellicano, though, it is already well-known asset class, after its family founders [] developed a block of rental town homes to retain in Melbourne in the 1970s.

Amenities at the Pellicano build-to-rent project at Robina will include a wellness centre, gym, steam room, sauna, cinema, residents’ lounge and work-from-home space.

“Build-to-rent will continue to be a key area of focus for Pellicano moving forward,” managing director Nando Pellicano said. “We will continue to seek out well-located sites across both Victoria and Queensland, where we can deliver high-quality residences to growing populations.”




  • This field is for validation purposes and should be left unchanged.

The Pellicano Group is committed to protecting your privacy and will not share this information with any third party. For further information, please view our privacy policy.