Projects
Melbourne - Retail and Lifestyle Precinct
In August 2009 Verticon signed a consultancy agreement with a developer to provide construction and project management expertise for the development and construction of a Retail Precinct Project in Melbourne’s eastern suburbs.
As part of the consultancy agreement, Verticon will be paid a fee dependent on the success of the Retail Precinct Project. The fee is expected to be up to $10 million and be payable in the 2010/2011 financial year.
Construction of the Retail Precinct Project is due for completion by December 2010.