The Urban Developer
08 November 2023
Pellicano Eyes Completion of 120ha Dandenong Project
After 25 years of ownership, diversified developer Pellicano is eyeing completion of its Dandenong South industrial parks.
The developer recently inked four deals across its portfolio to the tune of $4.5 million per annum, which will culminate in the completion of M1 and M2 Industry Parks at Dandenong South.
Pellicano managing director Renato Pellicano said it was a milestone moment for the vertically integrated developer.
“This is a historically significant time in our 55 year journey—our founders Frank and Nunzio purchased the land in 1999 and collectively we took the time to focus on delivering projects the right way, to the right occupiers,” Pellicano said.