Thursday, 3 December, 2009 - 00:00
Pindan’s new vision
BELMONT-BASED construction firm Pindan has responded to a spike in demand for transportable housing by creating a new transportable housing company, Formas Australia.
Scott Davison has a breadth of practical and strategic management experience in the property construction and development sector, first in his native New Zealand and then in Australia. As director of business development for the Pindan Group and general manager of Pindan Capital, he has been responsible for Pindan Capital’s investment growth including the expansion and diversity of its investor network in Australia and Asia.
BELMONT-BASED construction firm Pindan has responded to a spike in demand for transportable housing by creating a new transportable housing company, Formas Australia.
Construction and development group Pindan has won its third major contract in two months, after being awarded a $22 million mine camp deal by Fortescue Metals Group.
THE state’s buoyant resources sector has proved a mixed blessing for Karratha.
Building companies Pindan Constructions and Esslemont Cockram Construction have won new contracts with the state government worth a combined $30 million.
Construction of Rosewood Care Group’s aged care facility in Leederville will begin next week, after two years of delays, following the award of a $36 million construction contract to Pindan.
Property developer and builder Pindan has rebranded its funds management arm, OTAN Property Funds Management, which will now be known as Pindan Capital.Pindan said the rebranding would better align the division with its long-established brand.
Pindan Capital has opened new offices in Shanghai and Sydney as it seeks to diversity its investment opportunities outside of Western Australia.
Doubt has been cast over a wave of proposed apartment and hotel developments, with a patchy sales market forcing developers to apply for extensions to planning approvals for hundreds of millions of dollars’ worth of projects.
The directors of Pindan Group have told staff the company had little choice but to appoint external administrators amid revelations of more than $48 million in losses.
Pindan's Singaporean owner wrote a letter to the group last year confirming it would support all Pindan companies to remain solvent until at least October 2021.
A $20 million bid to save construction giant Pindan Group was withdrawn 48 hours before the company entered administration.
As medium and high-density developments gather pace in Perth, there’s increasing demand to create high-quality vibrant hubs that benefit the entire community.
Amidst the global uncertainty of the past year, opportunities have arisen that will have positive knock-on effects for the construction and property industry for a long time to come.One opportunity wholeheartedly embraced at Pindan is the up-skilling of our staff of the future.
It’s incredibly concerning that each year 190 Australians working in the construction industry take their own lives – that’s a death every second day – and younger workers in this sector are more than twice as likely to take their own lives than other young Australian men.
Position | Company | Year | Company's current rank | WA staff |
---|---|---|---|---|
Managing Director, Pindan Group
|
1999 |