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HOLDENS ELIZABETH REDEVELOPMENT

ELIZABETH HOLDEN SITE SOLD FOR AN UNDISCLOSED AMOUNT AND THE PELLIGRA GROUP WHO PURCHASED THE SITE WILL SPEND $ 250 MILLION ON WHAT WILL BE KNOW AS

THE LIONSGATE BUSINESS PARK

PELLIGRA GROUP IS A MELBOURNE BASED INDUSTRIAL AND CONSTRUCTION COMPANY AND THE PLAN IS TO RUN FOR 20 YEARS DEVELOPING THE SITE

30 PERCENT OF THE SITE WILL BE LEASED BACK TO HOLDENS TO CONTINUE RUNNING THE PARTS AND SERVICING OPERATIONS

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