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Viva Properties |
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| Date Added: February 10, 2009 05:29:38 PM | |
| Author: Greg Rips | |
| Category: Business & Economy: Real Estate | |
"To be Australasia’s largest and most respected provider and manager of affordable, socially responsible and environmentally sustainable housing” History Viva Properties was founded in 2001 by Michael Ta and Greg Rips, developing residential property in the outer suburbs of Melbourne. From humble beginnings, our projects have increased in size and presence across Australia. In recognition of Viva’s proprietary designs and leading product development in affordable housing an offshoot of Housing Tasmania has awarded Viva with 2 tenders to supply affordable housing for its tenants. Total number of dwellings in the tenders is over 360 with end value in the range of $75 to $85 million. Staffing Viva's integrated approach is possible because it employs and retains specialists who work throughout the development process. Market Strategy Viva entered the affordable housing market because: - Lower prices make homes more accessible to a wider market - Rental yields are higher and it’s quicker to secure tenants - If property prices fall, the impact is less severe than in the luxury home sector - Investment risk is lowered because basic housing is always in demand Viva’s relationships with leading builders of residential and commercial properties enable Viva to deliver projects involving affordable residential properties or both residential and commercial properties. Viva is committed to “green building” and is socially active in the community. The management and staff of Viva play an active role in community charities and support organisations catering to the socially disadvantaged. Development Experience Viva has developed over 50 projects in Victoria, Tasmania, Western Australia and the Northern Territory. Viva has extensive experience in complex property developments and works in all stages of property development from procurement to marketing Viva's unique project management system and procurement strategies yield significant construction time and cost advantages throughout our projects. |
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