APR_ISSUE 002. 181216

Page 78

MEET WITH CEO

总裁荟

business in their home country, the process is often very different in Australia.

By developing our relationships early, we can establish trust and confidence and share a deeper understanding of each other’s local practices. Ultimately, it

is about helping our Chinese/Asian de-

velopers find the balance between their

way and the Australian way to maximise financial outcomes.

Furthermore, being a family business parallels with many Clients who also

have family enterprises. We are currently working with several Asian families whereby the younger generations are

being handed the task of growing their

global businesses within Australia. The

key to working effectively with them is to

have patience and to provide them with a high degree of transparency, explaining how our regulatory processes work and how best to achieve desired outcomes.

This approach builds trust, which is the main ingredient in establishing sound relationships for future growth. It is

our passion, commitment and patience,

together with our understanding of Asian Cultures that have allowed us to excel in this segment of the market.

APR John:

I am aware that building costs are con-

tinuing to rise putting further pressure

adjoining properties, ease of access,

can you provide to Developers to protect

ination and potential hazardous mate-

on the viability of projects. What advice them from building prices exceeding their feasibility allowances?

Mark:

We place great emphasis at the outset

of our engagement to ensure buildings

existing services, demolition, contam-

a high probability that the building cost estimate will be inaccurate.

rials. Without understanding these site

APR John:

underestimate the true cost of a proposed

projects over its 48 year history, can you

specific factors, we often see developers development.

Therefore, it is critical that prior to apply-

Pomeroy Pacific has done so many

name 3 projects you are most proud of? And why?

can in fact be built to an agreed budget

ing for a planning permit, the above con-

Mark:

achieved by focusing on factors such

advice obtained from an independent

development projects over a 48 year com-

without compromising quality. This is

as; the design of the building including its efficiencies, percentage of amenity

provided, basement structural design, the number of cores and possessing a

deep understanding of the site specific

constraints such as ground conditions, 78

siderations are properly considered and quantity surveyor and project manager.

The build cost is the single largest cost in a project and if sites are purchased using simplistic costing analysis such as a cost per apartment or a square meter rate

across Gross Floor Area (GFA), there is

Having delivered in excess of $3 billion in pany history, it is not easy limiting my

answer to just three projects. However, the following stand-out for me:

(1) 553 St Kilda Road Melbourne

office building. Pomeroy Pacific were


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