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Sam Tarascio

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

Victorian Premier Jacinta Allan and Planning Minister Sonya Kilkenny (left) want to build up, as well as out.

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

Sealing the deal: ESR Australia CEO Phil Pearce with Frasers’ Ian Barter.

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

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

The proposed hotel will include a pool deck overlooking the ocean.

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
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June 2023

Sam Tarascio at Preston Markets, which he says he’ll be forced to close.

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

The proposed hotel will include a pool deck overlooking the ocean. 

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

The intermodal terminal is due to be completed in late 2023.

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’s Nexus Dandenong estate in Melbourne’s south east.

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

Sam Tarascio came in at No.64 on the 2020 Financial Review Rich List.

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

Dulux House offers 6000 sq m of office space.

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

Dulux House offers 6000 sq m of office space.

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

Original URL: https://www.afr.com/person/sam-tarascio-5aw