The CasPress March 2023

THE CASPRESS

EDITION 023

Celebrating Twenty Five Years of Success For Casello in 2023

Flinders West 32 Level Apartment Tower - Mirvac

Keystone is scenically encircled by parklands and creekside reserves that are connected to a vibrant local community. Thoughtfully designed, Keystone’s design, architecture and landscaping respond to both the colours and shapes of

its natural surroundings. The carefully curated materials, mixed textures, and sleek finishes, form an interior palette that is elegant and welcoming. There are two selections of elegant interior schemes to choose from. key-stone.com.au

21 December 2022, left to right - Mark Cassar and Vince Monitto at the 2022 Christmas Party.

CasUrban’s Keystone Medina Park Development.

22 March 2023, Casello’s recently awarded Flinders West 32 Level Apartment Tower Project.

A Word From Mark Cassar

Dear Team,

I am thrilled to report that our company has hit the ground running this year, and we are busier than ever before. In fact, busy is an understatement! All the Cas businesses are performing exceptionally well and are on track to achieve record numbers on all fronts.

I would like to provide a brief update on our recent advances.

We have amalgamated the CasUrban and CasRealestate teams under the one banner of CasUrban. CasRealestate has successfully sold its rent roll and will now focus solely on off-the-plan sales within CasUrban. This change will allow us to focus on delivering outstanding service under one unified brand.

We have also expanded our team at CasConstruct with a few additional faces to help manage our increased workflow effectively.

Furthermore, I am delighted to announce that Casello has reached a significant milestone of 25 years on 26 February 2023. This is a fantastic achievement, and I would like to extend my congratulations to all of our team members who have contributed to our success over the years.

Looking to the future, we have every reason to feel confident that Casello will continue to go from strength to strength. We are blessed with a fine group of people dedicated to delivering exemplary quality and personal service to our clients. With our track record and demonstrated ability to meet targets, we are well-positioned to maintain our place as a leader in Commercial Carpentry, Façade Cladding, and Labour Hire.

Finally, I would like to extend a warm welcome to those who have recently joined our team and express my gratitude to everyone for your continued support. Wishing you and your loved ones a Happy Easter.

Sincerely, Mark

21 December 2022, left to right - Mark and Diana at the Christmas Party.

21 December 2022, Mark Cassar delivering his speech at the Christmas Party.

21 December 2022, left to right - Melisa, Vince, Diana and Mark at the Christmas Party.

The March Update From Vince Monitto

Casello continued to have a stellar year in 2022, with many landmark projects in progress and some achieving successful completion.

Some of the completed projects include:

• Victorian Heart Hospital for John Holland

• HMAS Cerberus for

• Lendlease

• Quarantine Facility for

• Multiplex

• Chisholm Road Prison

• Facility for John Holland

• Gap Road Bridge Cladding for RIA

• Multiple Reclad Projects

The measure of our success, is always in the form of client feedback and client desire to give Casello repeat business.

I continue to be proud that Casello never needs

to ‘knock on doors’ to try to tender the next project. We constantly receive new tenders, and often with great opportunities for our business.

The fact that we always deliver our projects to client requirements and beyond expectations makes us a very sought after Subcontractor.

Casello is leading the way with regard to Recladding projects (replacing combustible cladding), new Cladding projects and Carpentry projects.

Recent project wins include:

• Pakenham Train Station

Cladding - $8m

• State Basketball Centre

Carpentry - $400k

• Glenhuntly Train Station

Cladding - $1.6m

• Metro Tunnel CBD South and North Cladding Packages - $9m

• 59 Stawell St Apartments Recladding - $4m

Pre covid, Victoria was welcoming 150,000 permanent migrants annually. This number resulted in the CBD and outer suburb apartment mega tower boom, which was great for our Carpentry and Cladding business. During covid, construction of new apartment towers has almost stopped, with very few new projects getting off the ground. In 2023 we are expecting 200,000 permanent migrants to Victoria, and this should continue each year which will be the catalyst to trigger demand for new apartments being constructed. In the meantime, government infrastructure work

with regard to level crossing removals and Metro Tunnel has provided Casello with great opportunities. The government is also investing heavily in social housing and hospital projects. 2023 is shaping up to be a very busy year, and we look to employ a further thirty to fifty site based Carpenters and Cladders.

Importantly, our growth has always been organic and calculated, with a sound business plan in place. We have the appropriate financial structures and office administration support to ensure we can employ more people and take on the biggest projects available.

I sincerely thank our dedicated office team and site employees, for making our organisation a stand-

out leader in our industry. We look forward to celebrating our twenty five year milestone, a huge achievement for Casello.

I hope 2023 is a great year for us all!

Casello’s recently awarded Pakenham Station Project.

The Ongoing Works For 2023

MELBOURNE QUARTER MQT AND M1

METRO TUNNEL CBD NORTH & SOUTH CARPENTRY

METRO TUNNEL CBD NORTH & SOUTH GRC

METRO TUNNEL

UNION QUARTER

CROWN METROPOL

HMAS CERBERUS

GREENSBOROUGH STATION

555 COLLINS STREET

OTE NORTH & SOUTH CBD

447 NOSECONE BRIGHTON PUBLIC HOUSING

OF HAWTHORN

480 SWAN STREET

Recently Awarded Projects

The recent award of several cladding, recladding and carpentry projects to Casello is a true testament to the work we have completed throughout the past twenty five years. We work with incredible people and look forward to the next 25 years together.

Melbourne Underground Rail Loop Flagstaff, Melbourne Central, and Parliament supply and install of doors, frames, hardware and sanitary items.

NWPA | $8,100,000

External Facade Refurbishment

The installation of over 5,000m2 of aluminium cladding across the new station.

Watpac | $525,000

Re-Cladding

For the supply and installation of Sculptform battens to walls and ceilings.

Internal and External Cladding

Installation of various internal and external cladding features, including the installation of over 1,400m2 of cladding.

Carpentry Package

Supply of all pressed metal door frames and installation into concrete openings, a total of 193 doors.

FLINDERS WEST

Mirvac | $4,650,000

Carpentry Package

Supply and installation of all doors, frames, hardware and sanitary items.

SPA | $9,500,000

WESTGATE TUNNEL PROJECT BARWON PRISON CHADSTONE 59 STAWELL ST

MURL CLADDING PAKENHAM STATION

TARAKAN STREET HOUSING

GLENHUNTLY STATION STATE BASKETBALL CENTRE

SPA | $1,800,000

ADCO | $400,000

Recently awarded Pakenham Station Project.

24 Tulip Grove

The CasConstruct team has been powering through on site at Tulip Grove. All framing, roof trusses, and the installation of the windows is now complete, with the next phase of construction on site being brick work.

An Update From Sam Dalton

We hit the ground running in 2023 with all six projects buzzing with activity. Exciting opportunities are on the horizon, and it's not just the site teams that have been busy. In the office, the team is working hard to secure a six-office tenancy in Armstrong Creek, a waterfront dwelling at Safety Beach, and a childcare centre.

CASCONSTRUCT 2023 PROJECT SNAPSHOT

Current Project Updates: Elements

67 Townhouses

It has been a productive summer onsite with stage two concrete slabs completed and inground plumbing in up to stage four. With structural steel and framing to commence in early March for the first two stages, we are excited to see a huge visual change on-site.

Dactyl

4 Townhouses

The site team, led by Tony and Tim, has been busy with completed concrete slabs and structural steel and framing underway.

Tulip

3 Townhouses

Tulip grove continues to move forward at a great pace with first-level bricks, rough-in by service trades, and second-level timber

cladding all underway.

Keystone Medina Park Stages 4 & 5

28 Townhouses

With the civil package well underway, we have seen timber retaining walls, Dinsel walls, electrical and plumbing ingrounds ready to make way for concrete slabs.

Templestowe

Single Residential Dwelling

A new project with CasUrban. The site has been established, and site setout and site cut have commenced.

Rosanna

6 Townhouses

Site cut complete. Inground plumbing/electrical and concreting underway.

NEW STAFF AT CASCONSTRUCT:

We welcome Tim Featherston to the team as our head estimator and also welcome Corey Zammit, who has joined the team as a contract administrator.

Great work from the entire team at CasConstruct! With everyone's dedication and hard work, we are well on our way to achieving our goals and delivering outstanding results for our clients. Go team CasConstruct!

21 December 2022, left to right - Ilya, Tim, Wes and Sam at the Christmas Party.

The Tulip Grove Development in Cheltenham.

17 February 2022, left to right - Tim and Corey.

The Tulip Grove Development in Cheltenham.

A CasUrban Update From Ben Kavanagh

Current Developments and New Team Members.

It’s been such an exciting and uplifting start to the year being able to add three new starters to the team who are already leaving a mark.

In no particular order the new team members are:

Jacob Hunter who has relocated from Brisbane where he worked for Stockland and joined us as a Senior Development Manager. Jacob will lead the delivery of both the Elements & Reynold St.

Sheena Kelly has joined us after a 20 year stint with the Deague Group where she developed a wealth of knowledge as the Group Marketing Manager working across multiple brands. Having started a couple of weeks ago Sheena is quickly coming up to speed and working on plans for all of the CasCorporation brands. A key early focus will be the commencement of new websites across all brands.

It is a great pleasure to see a friendly face has returned in Rob McClure, re-joining us as a Senior Project Specialist to drive Sales on Elements of Williamstown North.

The year has generally commenced with a flurry of activity and it is incredible to consider we are in March and nearing Easter already. I foresee a very exciting remainder of the year ahead

in delivering a number of projects that have been on our books for some time and look forward to celebrating these milestones with our dedicated team.

Project Updates:

Edward St Is nearing completion with statement of compliance having been issued and settlements to occur in April. Dharen has done a fantastic

job in realising the vision of the triple level plus roof top terrace designed DKO town homes and street facing commercial space. I am certain the new owners will love their new dwellings in the heart of Brunswick.

Rosanna, Tulip, Dactyl Are all underway with construction with CasConstruct at the helm. The projects, like always have had their challenges and I am very proud of the way that Ilya and the CasConstruct team have worked through them.

Medina Park

The final stage of ‘Keystone’ construction is progressing well once again with CasConstruct, completion will be in 2024.

Jarma Road

Construction is progressing well with the appointed builder and will be delivered early in the second half of the year.

Elements

The commencement of

A Sales Update By

this year has seen the construction by CasConstruct transition from inground works to seeing the above ground structure start to take shape which we are very excited about and we anticipate to assist greatly in driving sales.

Thank you to all the CasUrban and CasConstruct teams and I look very much forward to sharing a drink together at the Casello 25 year function.

In saying that, a huge shout out to the entire Casello team in the 25 year milestone, it is an outstanding achievement. Mark, Vince and the entire team you should be proud of the milestone, many of you have been very significant contributors over significant periods and instrumental to the success and culture.

I look forward to celebrating with you soon!

Adam McWatters

Property Prices and Housing Prices Trajectory

Melbourne dwelling values were only down 0.4% in February, taking its peak to trough decline to 9.6% since peaking in February 2022, leaving the overall market just 0.3% higher than pre- covid levels back in March 2020.

The current median house price in Melbourne is sitting around $900,000.

The trajectory of housing values remains intrinsically linked with the path of interest rates. The good news is that the cash rate may be approaching a ceiling as figures show that inflation has now reached its peak and hopefully continues to reign in. However, there is still a lot of uncertainty as to where and when interest rates will eventually land. As a result, we may see further declines in property values until interest rates stabilize, or if there is an easing in credit policy, such as a reduction to APRA’s serviceability buffer, which will help increase buyer confidence and demand. The good news is that this creates a window of opportunity to get into the property market or buy an investment property before the Melbourne market picks up again. The old adage, “it’s not about timing the market, but about time in the market,” has been proven true over the years.

21 December 2022, left to right - Adam, Murray, Dharen and Ilya.

CasUrban’s Keystone, Medina Park Development in Eumemmerring.

CasUrban’s Edward Street Development.

Elements, Williamstown North

Developer | CasUrban Architect | Baldasso Cortese Builder | CasConstruct Agent | CasRealestate

Elements is a beach side neighbourhood that offers brand new low maintenance, 3 & 4 bedroom family-sized townhomes. The Baldasso Cortese Architects have carefully crafted, curated and designed each and every townhome with luxurious and elegant beachside living in mind.

Being spacious and luxurious, each home has its own distinctive identity, with many design selections to choose from. The European

CAS VIP OFFER!

We have a generous offer exclusive to all staff members, extending to all immediate family. Any staff member interested in purchasing a luxurious townhome with bay views at our Elements development will receive a 5% discount off the listed price. This equates to a massive saving of up to $80,000. All that is required is a 5% deposit to secure one today. Please contact our sales agents for more details.

influences continue to be felt here in the quality of the design and choice of materials which will become the hallmark of these statement, Williamstown North homes.

Each home has a private rooftop terrace with the potential for a built in outdoor kitchen, the perfect place to unwind at the end of the day or to entertain friends and family.

The street-level garaging with internal access also features a rainwater storage tank designed to meet the extensive landscaping irrigation requirements. Each home also comes equipped with solar panels

and energy-efficient lighting installed as standard. The kitchens are designed with a wide selection of luxurious finishes and styles to suit all discerning tastes, stone benchtops, SMEG appliances and optional integrated fridges.

The bathrooms are carefully curated with floor to ceiling tiles and Calacutta Sahara vanity/ basin tops. Visit one of many vibrant cafes, shop in the local village, or go for a run on Williamstown or Altona Beach. With easy access to public transport, major highways and freeways are moments away.

Keystone, Eumemmerring

Developer | CasUrban Architect | Archsign Builder | CasConstruct Agent | CasRealestate

Keystone is the prized and final release within the Medina Park Estate and is set to define a new standard for contemporary living in Eumemmerring.

The beautifully appointed three-story townhomes are set within an elevated enclave of only 28 residences. Keystone is scenically encircled by parklands and creekside reserves that are connected to a vibrant local community. Thoughtfully designed, Keystone’s design, architecture and landscaping respond to both the colours and shapes of its natural surroundings. The carefully curated materials, mixed textures, and sleek finishes form an interior palette that is elegant and welcoming. There are two selections of elegant interior schemes.

Within the Contemporary Scheme, the design blends fresh, bright tones; a light stone benchtop, light timber cabinetry, light brown floorboards and cosy beige carpets. The tasteful ‘Industry Scheme’ presents a sophisticated dark stone benchtop, dark grey tiles, carpet and light grey floorboards, balanced with white walls, cabinetry and kitchen tiles. Keystone Eumemmerring is ideally located with shops, numerous sports & leisure parks, school and public transport all in easy reach.

Keystone Townhomes comprise of:

• 3-4 Bedrooms with BIR

• 2 bathrooms ( master with ensuite)

• Double garages

• 20mm Stone benchtops

• European Stainless Steel appliances

• Split system heating and cooling

• Laminate timber flooring

• Rainwater tanks

• Communal edible garden

CasUrban’s Elements, Williamstown North Development.

CasUrban’s Elements, Williamstown North Development.

CasUrban’s Keystone, Medina Park Development in Eumemmerring.

March April May June

Get To Know The Team

What is the best piece of advice you have been given? Stop thinking about what they’re thinking about you!

What is your favourite movie? Prisoners.

You only get three words to describe yourself, what are they?

Fun, clumsy and kind.

How do you take your coffee? Soy iced mocha.

Sweet or savoury? Savoury.

What is your hidden talent? I don’t have one!

Do you live by any words of wisdom?

Journey of a thousand miles begins with a step.

A genie gives you three wishes—what are they? More wishes, world peace and success.

What is your favourite word? Shopping.

What’s one thing that can instantly make your day better?

My dog, Boston.

Casello

What is the best piece of advice you have been given? You’ll have way more fun travelling than working.

What is your favourite movie? Dark Knight / Inglorious Bastards

You only get three words to describe yourself, what are they? Attention, Deficit, Disorder.

How do you take your coffee? English breakfast, no milk, no sugar. Stimulants are bad for you...

Sweet or savoury? Savoury.

What is your hidden talent? No, I would say my numerous talents are pretty obvious.

Do you live by any words of wisdom? Nope.

A genie gives you three wishes—what are they? Straight drive 300m every time, no putts, eat anything with no consequence.

What is your favourite word? Another.

What’s one thing that can instantly make your day better? Leaving work early to play golf.

Madison Pettinella Fergus McNicol

21 December 2022, left to right - Phoebe and Madison.

21 December 2022, left to right - Vince and Fergus.

21 December 2022, Christmas Party.

21 December 2022, Christmas Party.

21 December 2022, Christmas Party.

21 December 2022, Christmas Party.

21 December 2022, Christmas Party.

Catch Up With CasCorporation

So far in 2023, we have seen a lot of growth, movement and development for all of the Cas Companies. We like to keep busy during the year, but we also like to attend and participate in various social shenanigans. In this section, we aim to keep our people and our network up to date on what’s been happening in the Cas family, both inside and outside of the workplace. Please take a look at what we have been up to so far in 2023, from the fun run to celebrating International Women’s Day, there has been a lot going on!

2023 Run For The Kids

On the 19th of March, our Casello superstars completed the 14.5km ‘Run For The Kids’ fun run, supporting the 2023 Royal Children’s Hospital Good Friday Appeal.

What a fantastic effort to everyone that joined, we are proud to have been a part of making a difference for such an important cause. Go team!

19 March 2023, left to right - Daniel, Tom, Raff, Fergus, Will and Michael at the Run For The Kids fun run.

21 December 2022, left to right - Tom, Sam and Ben at the Christmas Party.

19 March 2023, left to right - Will, Michael, Raff, Fergus and Daniel.

21 December 2022, Christmas Party.

21 December 2022, left to right - Adrian, Jake, Jayden and Brooke.

One for the Ladies! Celebrating International Women’s Day

On the 8th of March, we celebrated International Women’s Day with all the strong minded and powerful women that we are proud to be sharing this journey with at CasCorporation. Over a few drinks and some nibbles, we reflected on how far the industry has come with inclusivity and the appreciation for what women are capable of. We look forward to growing and nurturing our female team, both on site and in the office throughout the years to come.

8 March 2023, Casello ladies celebrating International Women’s Day.

21 December 2022, left to right - Jennifer, Melisa and Phoebe at the 2022 Christmas Party.

8 March 2023, left to right - Eliza, Brooke, Nicola, Jon, Nadia, Kyla at International Women’s Day.

21 December 2022, left to right - Simin and Sarah at the Christmas Party.

21 December 2022, left to right - Simin, Rosalie, Madison and Sarah at the Christmas Party.

1998, Mark successfully making anything into a barbecue on a residential construction site.

10 December 2019, left to right - Sam, Will, Dave and Mark camping.

21 December 2022, left to right - Mark and Vince at the Christmas Party.

Mark Cassar’s original business card.

6 August 2022, left to right - Vince, Mark and Ben.

As we celebrate the 25th anniversary of Casello, it’s important to reflect on its humble beginnings and the hard work that went into building it. Our founder, Mark, has a unique story that is worth sharing.

Mark’s journey began at the age of 14 when he started working part-time at a timber yard in Coburg, Victoria, while successfully continuing his education at a secondary school. During his four years of working experience, he developed a variety of skills such as machining timbers, making lattice, managing timber stock and serving customers. His commitment, resilience and willingness to work after school hours allowed him to gain valuable knowledge from a very young age.

In 1989, at the age of 17, Mark began his Carpentry/ Joinery apprenticeship at a Joinery Factory in Heidelberg. He further enhanced his skill set in such areas as

Twenty Five Years On...

construction of ‘made to order’ doors/windows. During his apprenticeship, Mark completed a short course in Business Management in order to gain new skills applicable to a small business owner & operator. This has advanced his ability to grow and develop further, now offering his client base such services as manufacturing and installation of Pergolas/Decking/Picket fences and other relevant carpentry work.

After completing his apprenticeship, Mark has dedicated two years to working for a reputable Builder as a contractor, while simultaneously continuing to grow his own venture. This allowed Mark to further expand his knowledge and experience while working on high-quality residential extensions/renovations and new homes.

In 1996, while contracting to Hopcraft Constructions, a small scale commercial

carpentry contractor, Mark began to hone his skills in commercial carpentry. In February 1998, when the time was right and an opportunity has presented itself for Mark to launch his own commercial carpentry company, Casello Constructions was born. First, as a partnership with his good friend to this day and a colleague at the time - Raffaele Aiello. And later, when the two partners have made a business decision to part ways in 2006– on Mark’s own, as the Sole Director and the visionaire, supported at the time by a team of 40 carpenters.

To this date, with support of his extensive team of highly skilled professionals, led by Casello’s General Manager – Vince Monitto, who joined the company in 2010 and, ever since, played an integral role in its progress and advancements, Mark has conquered new horizons, completing numerous successful residential,

commercial and industrial projects in a capacity of a Builder and/or Property Developer. Mark’s passion, dedication, and hard work have allowed Casello to thrive throughout its lifetime, hence today we are all proud to be celebrating its most impressive milestone yet – that being an immaculate track record of 25 years in business with a team of 250 employees.

So today, let us all stop for a minute and think of all the hard work, determination and perseverance that Mark has invested into building this company from the ground up. Mark’s story is a true testament to the rather simple fact - anything is achievable when there is hard work, honestly and loyalty to the people and the vision. Congratulations on this honourable achievement, Mark!

And as we look back on the past 25 years, we are proud of the growth and

success that Casello has achieved. Building on a reputation of quality and trust, Casello has grown to become the largest Commercial Carpentry, Cladding and Labour Hire business across all of Victoria. Our achievements are a testament to the hard work and dedication of our entire team, and we are grateful for the support of our clients and partners.

The past 25 years have been filled with lots of memories, amazing successes, and a great team of individuals who have all made everything we do possible. From humble beginnings as a young apprentice, Mark’s vision and hard work have transformed Casello into a leading player in the industry. As we continue to grow, we remain committed to providing excellent service and quality to our community. Here’s to another 25 years of success!

1989, Mark Cassar as a 17 year old at the beginning of his apprenticeship.

What’s Hot On The Web

A shameless plug for the Cas Companies and their social media pages. Check up on what has been hot online and our most loved stories. If you’re not already, give the company pages a follow, simply click on the logo to read more about each company.

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Join us in celebrating the major milestones throughout our 25 years that have led us to where we are now, stay tuned for updates and insights!

CasConstruct are travelling well on site at Tulip Grove in Cheltenham with the installation of windows and brick work currently underway.

Visit our display suite and chat to our sales expert, Adam McWatters, to get a glimpse of the lifestyle you can expect at Keystone, Medina Park.

The team has been busy installing top hats supplied by Trumark to pre-cast panels on the architecturally designed facade of the main campus building.

CasConstruct are travelling well on site at Dactyl Road with the installation of framing completed and roofing to commence soon.

Visit our display suite and chat to our sales experts, Rob and Sabina, to get a glimpse of the lifestyle you can expect at Elements, Williamstown North.

Casello | 25 Year Anniversary

Casello | Heathdale College

CasConstruct | Tulip Grove

CasConstruct | Dactyl Road

CasUrban | Medina Park

CasUrban | Elements