PERIFA is making its Middle East debut with an AED 180 million industrial development in Sharjah
- PERIFA, the multi-award-winning property developer, part of Australia’s privately owned Versatile Group, marks its first foray into the UAE market.
- It’s first property development project, strategically located within one of the region’s fastest-growing logistics corridors, spans 19,000 sqft and will deliver a portfolio of institutional-grade industrial assets in Sharjah.
- The project targets the growing demand for inventory required by industrial tenants looking for space in strategically positioned corridors with strong connectivity to Dubai and Abu Dhabi.
PERIFA, the multi-award-winning property developer and part of Australia’s privately owned conglomerate Versatile Group, has announced its international debut with an AED180 million industrial development located in Al Qasimiah Gate Industrial City, Sharjah, signalling a pivotal new phase of growth for the company in the Middle East.
Backed by Versatile Group’s established presence in the Middle East – built over the past five years through its award-winning specialist project management consultancy, Versatile International – the project marks PERIFA’s first development outside Australia and one of the first Australian-backed projects in Sharjah.
The development will introduce leading Australian design, construction, and delivery standards to one of the region’s most dynamic logistics and manufacturing corridors, setting a new benchmark for quality, performance, and innovation in industrial real estate.
The project, comprising of ten plots spanning 19,000sqft, underscores Sharjah’s emergence as a regional industrial and commercial hub, powered by freehold reforms, record investment flows, and robust industrial rental growth.
Versatile Group’s UAE-based Chairman and CEO Marco Fahd, said: “With over 50 years of experience, Versatile Group is one of Australia’s largest fully integrated development, construction and trade contracting companies.
“Our regional expertise is rooted in delivering over 50 major projects on world-renown giga-projects such as Diriyah in Saudi Arabia across residential, commercial, hospitality, museum, public realm and cultural assets. This extensive experience underscores our deep understanding of the market dynamics and our commitment to shaping the next generation of industrial real estate in the region through our unique vertically integrated end-to-end project delivery offering.
“The Middle East presents an important strategic growth opportunity for Versatile and this project allows us to align with the UAE’s industrial and diversification goals which target investment inflows, robust industrial rental growth, and progressive freehold reforms.
“There is a growing need for premium industrial development within Sharjah, as the area captures spillover demand from Dubai and becomes a significant logistical hub in its own right. We look forward to bringing PERIFA’s proven capability in delivering world-class industrial assets to the area to help fill this gap. We are not just participating in the region’s growth – we are determined to help shape its future.”
Located just ten minutes from Sharjah International Airport, the development spans multiple freehold plots between Dubai and the Northern Emirates, offering direct access to Dubai-Hatta Road (E44) and Sharjah’s industrial belt.
Fabrizio Perilli, PERIFA Co-Founder, Versatile Group Managing Director and one of Australia’s most respected industry experts, said: “ “This is a pivotal moment for us to harness the immense potential of the Middle East – our award-winning sister company, Versatile International has already made a significant impact in the region and we are now strategically positioned to deliver transformative projects that exceed industry standards.
“Our expansion is a bold affirmation of our commitment to replicating and elevatin g our proven Australian integrated model in this fast-growing market. With decades of expertise across residential, hospitality, commercial, retail, industrial, education, defence and mixed-use sectors, PERIFA is uniquely equipped to deliver exceptional, high-quality assets that create lasting value in the region.
“Our leadership team’s deep experience in acquisition, concept realization, development, and delivery underscores our focus on excellence, trust, and long-term value creation.”
The project is developed under Integrated Management System (ISO 9001/14001/45001) and delivered in compliance with Sharjah authority requirements – Sharjah Municipality (SM) permitting, SEWA utilities approvals, Sharjah Civil Defense (SCD) UAE Fire & Life Safety Code, SEDD licensing, and BEEAH environmental/waste management – with all NOCs (non-objection certificates) and inspections coordinated accordingly.
