May
‘Biggest challenge by a mile’: why developers can’t build homes people can afford
Developers Tim Gurner, Sam Tarascio and Maha Sinnathamby have kept their places on this year’s Rich List amid a housing crisis. This is how they did it.
- Nick Lenaghan
April
Four key Melbourne suburbs haven’t built a major project in five years
Developers are warning that overhauling planning powers alone won’t be enough to fix the state’s chronic housing crisis.
- Gus McCubbing
March
ESR and Frasers snap up $200m industrial site from Rich Listers
The two big industrial developers have joined forces to snap up a 64ha parcel of land in Cranbourne from the Tarascio family’s Salta Properties.
- Larry Schlesinger
- Exclusive
- Build-to-rent
Rich List family fires up $3b build-to-rent program
Plans to build and own large-scale rental housing by the Tarascios’ Salta Properties are coming to fruition just as the housing crisis bites.
- Nick Lenaghan
September 2023
Rich Listers bank on $130m Phillip Island hotel to boost tourist spend
The billionaire founders of Computershare and Salta Properties, Chris Morris and Sam Tarascio, are behind the 160-room hotel proposal in Cowes.
- Campbell Kwan
June 2023
Sam Tarascio injured by Preston Markets critique
It’s a bit much to expect those losing out from the decisions of one of the country’s wealthiest men to “look beyond” their own detriment.
- Myriam Robin
February 2023
Rich Listers join forces on $130m Phillip Island hotel plan
The billionaire founders of Computershare and Salta Properties, Chris Morris and Sam Tarascio, are behind the 160-room hotel proposal in Cowes.
- Updated
- Larry Schlesinger
October 2021
Salta gets green light for $155m freight terminal
The intermodal terminal will connect Salta’s Dandenong South industrial estate with the Port of Melbourne via a direct rail line.
- Larry Schlesinger
August 2021
Salta signs up Gupta’s InfraBuild for Melbourne estate
InfraBuild, Tigerpak and Schneider Electric have taken more than 30,000 square metres at the Dandenong South estate amid record leasing activity fuelled by e-commerce.
- Larry Schlesinger
April 2021
Rich Lister Tarascio family wins interest for CBD deal
Strong bidding for the asset comes amid signs the worst has passed in Melbourne’s CBD residential market, where vacancy rates soared in the pandemic.
- Nick Lenaghan
December 2020
Rich Lister Tarascio to exit Exhibition Street
Salta Properties swooped on the 13-storey tower at 63 Exhibition Street in 2014 before lodging an ambitious proposal for a 64-level high-rise apartment and hotel.
- Nick Lenaghan
September 2019
- Exclusive
- Office
Hong Kong investor pays $30m for Salta's Dulux building
The deal, struck on a yield of about 6 per cent, represents one of the biggest suburban office sales this year in Melbourne and highlights the appetite from Hong Kong investors
- Larry Schlesinger
May 2019
Rich Lister Tarascios to divest Dulux HQ as Docklands project emerges
Rich Listers the Tarascio family are divesting an older asset as they inject capital into a build-to-rent and hotel development at Docklands.
- Larry Schlesinger