About
For more than two decades, Salvo has been enhancing Melbourne’s skyline with city-changing residential precincts distinguished by sophisticated spaces, considered design and exceptional amenities that reflect today’s urban lifestyle.
We are committed to achieving sustainable growth with carefully selected sites and projects that will deliver a superior asset and enduring legacy over the long term, underpinned by our financial strength, customer focus, end-to-end development model and proven track record.
In addition to our development business, we invest in and operate real estate services businesses spanning project marketing, building management, property management, property resales and financial services. This collective expertise enables us to intimately understand and add value to every aspect of our customers’ property journey.
Executive Team
James Maitland
Managing Partner
James has been managing partner at Salvo for almost 15 years. James is a chartered accountant and qualified architect with 23 years' experience in the real estate development and investment industry. James has developed more than 4,000 apartments, 200,000 sqm of retail/office space with total value of over $3.5 billion along with the acquisition of multiple businesses. He is responsible for the performance and growth of the Salvo Group.
Colin Mackenzie
Partner, Development & Construction
Colin has 25 years’ experience in residential and commercial property development. A partner at Salvo since 2009, Colin oversees all construction and development activities and has been responsible for designing and building more than 2,500 apartments. He has an MBA and an Advanced Diploma of Building and Construction.
Jon Ellis
Partner, Sales & Marketing
Jon has 20 years' experience leading sales and marketing teams in property development. He has been delivering projects with Salvo since 2007, including one of its earliest developments, 109 Clarendon. Jon is responsible for all aspects of sales and marketing for the group. Concurrently with development, Jon has been active in technology building and scaling a proptech company across 4 countries.
Derek Cheung
CFO
Derek is a chartered accountant with more than 20 years' experience. Derek joined Salvo in 2012 from KPMG and leads the finance and legal functions of the group. He has managed the delivery of multiple major developments as well as the acquisition and divestment of a range of companies within the group’s portfolio.
Tracy Galbavy
Operations Manager
Tracy has more than a decade of real estate and management experience. Tracy joined Salvo in 2012 and is responsible for operations and HR across the group. With qualifications in both real estate and marketing, Tracy has broad experience across real estate services, client services and operations.
Mario Salvo
Founder & Chairman
Mario is one of the country’s leading private property developers and an Australian success story. Mario founded and engineered the dynamic growth of Delta Car Rentals into the international Asia Pacific Europcar business before focusing on property development. He established Salvo in 2004 and has been successfully investing in Australian real estate for more than 40 years.
Our Partnerships
Salvo invests in institution grade development sites. Our internal governance strongly aligns with Australia’s top tier banks. Our successful delivery track record combined with our robust balance sheet provides debt and equity investors with unparalleled certainty. Our capital partners will allow Salvo to deliver some of Australia’s most transformative projects over the next decade.
Our projects are complex and have significant engineering challenges. We are proud of our flawless defect claim record over 20+ years of development. We have the relationships and a relentless pursuit of perfection to ensure this track record continues. We have a unique approach to pricing risk and where appropriate will truly partner with our builders to deliver a superior project outcome.
Salvo developments create bustling urban communities. We also deliver vital infrastructure to keep our country advancing. Some of our nation’s leading corporates call a Salvo development home.
We employ best in breed architects, designers and industry experts. In the office we have a simple yet relevant expression, “You don’t know what you don’t know." By aligning with the very best in the industry , we can maximise our opportunities and ensure our projects are best in market.
We are privileged to be the custodians of significant intergenerational wealth, which is invested alongside institutional and other family office funds. At Salvo this responsibility is not underestimated. We employ best practice corporate governance and partner with the best in the industry to protect our investors' interests.
