Perdaman Adds Subiaco Square to its Growing Property Portfolio
Perth, Western Australia | 2nd December – Perdaman is pleased to announce the acquisition of Subiaco Square, a best in
Our Property Journey
Perdaman Commercial Properties began with a clear vision: to create high-quality, community-focused commercial spaces across Western Australia. Over the years, we’ve expanded into a diverse property portfolio that includes retail centres, and childcare facilities, with a combined value exceeding AUD $105 million. Our approach is hands-on and self-managed, ensuring that we maintain the highest standards across every property. By focusing on long-term value and sustainable design, we continue to shape spaces that enhance lifestyles, support local economies, and create lasting community impact.
Our flagship assets—Northam Boulevard, Port Coogee Village Shopping Centre, The Village at Margs, and North Coogee Childcare Centre—reflect our commitment to building vibrant, people-first destinations. Anchored by trusted national retailers like Woolworths, and Kmart, these centres offer essential services and gathering spaces for both locals and visitors. As we grow, our focus remains on identifying new opportunities for investment and development. With a strong foundation in regional growth and a forward-looking mindset, Perdaman Commercial Properties is committed to enriching lives and contributing meaningfully to Western Australia’s urban and regional development.
Our Values
Our values define who we are and guide us in every aspect of our work. These core principles shape our interactions, business practices, and long-term vision.
Integrity
We believe in honesty and transparency and are committed to being accountable for every decision and action.
Innovation
We encourage curiosity and creativity, continuously seeking new, bold, and better ways to solve problems.
Excellence
We strive for the highest quality and standards in every product, service, and interaction, to consistently exceed expectations.
Sustainability
We are dedicated to creating solutions that meet the needs of today without compromising the needs of the future.
Our Board
The Perdaman Board brings together industry leaders with expertise in energy, manufacturing, finance, and global trade. Their strategic vision and commitment to growth, innovation, and sustainability drive Perdaman’s success, ensuring long-term impact, economic development, and value for communities and industries worldwide.
Vikas Rambal
Chairman, Perdaman
Perdaman’s Founding Chairman and Managing Director Vikas Rambal has more than 30 years’ experience in business and a proven track record in delivering world-class businesses. Born in Delhi, India, Mr Rambal qualified as a chemical engineer specialising in petrochemicals, spending his formative years at Bharat Petroleum (formerly Shell).
In 2000, Mr Rambal moved to Western Australia with plans to use natural gas for downstream industry, including the manufacture of Ammonia for the International Fertiliser market. Mr. Rambal was the driving force of the project (Burrup Fertiliser, now known as Yara Fertiliser) from instigation to completion as Managing Director and a former shareholder. After Burrup’s successful commissioning, he established Perdaman Chemicals & Fertilisers, formerly known as Northwest Chemical and Fertilisers, with the intention of developing the second world-scale fertiliser plant in Western Australia.
After realising the better and more promising prospects of urea fertiliser, particularly in Karratha, Western Australia; Mr Rambal began establishing his new Project Ceres Urea and Ammonia Plant. By 2017, Mr Rambal obtained the status of Major Project from the Federal Government and Project of State Significance from the Western Australian Government for Project Ceres Urea Plant.
As Perdaman’s chairman, Mr Rambal’s fundamental vision has always been creating a better tomorrow by delivering excellence, fostering innovation, and championing sustainability.
Maegha Rambal
Director, Perdaman
Maegha Rambal champions a heart-to-heart leadership style in her role as Director of Perdaman. She has extensive experience across the government and property industries, and holds a Bachelor of Science and a Master of Science in Mathematics. After moving to Australia from India in 2000, Maegha and her husband Vikas sold their share of a joint venture named Burrup Fertilisers and used that money to start their own company – Perdaman. Maegha is passionate about creating a better tomorrow through her family’s endeavors, from processing visas to installing solar panels, from translating a passport to building a multi-million-dollar fertiliser plant.
Leadership
Each Perdaman business entity is led by highly experienced professionals with deep expertise in their respective industries. With backgrounds in engineering, energy, manufacturing, finance, and global trade, they bring the knowledge and strategic insight needed to drive Perdaman’s grand vision.
Tim Rankin
General Manager - Property
Tim Rankin is a seasoned property professional with over 25 years’ experience across retail and commercial asset management. A Curtin University graduate in Property Valuation, Tim has held senior roles with Vicinity, Colliers, Coles, and Perth Airport. Known for his strategic oversight and stakeholder engagement, he previously worked with Perdaman Chairman Vikas Rambal during his time at Colliers, managing key assets. Tim brings deep industry insight and a results-driven approach to the Perdaman family!
Vashist Rambal
Director - Operations
Vashist Rambal serves as the Operations Director at Perdaman, where he oversees the organisation’s core business operations and strategic initiatives. As the younger son of the Chairman and grandson of Shri Perdaman Krishan Rambal, Vashist continues the family’s legacy of leadership and innovation. He holds a dual Bachelor’s degree in Finance and Engineering from the University of Western Australia (UWA), bringing a multidisciplinary perspective to his role.
Vashist possesses extensive expertise in financial management, taxation, and government incentives, having held roles in EY’s Indirect Tax and Government Incentives teams, Santos’ finance department, and Perdaman’s property division. He currently leads Perdaman’s decarbonisation initiative and the Karratha housing project, while playing a pivotal role in driving strategic business development and identifying new investment opportunities.
Ishan Rambal
Head of Plant
Since joining Perdaman in June 2017, Ishan Rambal has played a key role in driving company projects. As the eldest son of our Chairman and grandson of Shri Perdaman Krishan Rambal, he currently serves as Manager – Interface & Controls, where he applies his strong technical knowledge and practical mindset to help teams, partners, and project areas work smoothly together. His leadership has been central to the progress of major initiatives, including Project Ceres – Australia’s largest urea plant and one of the biggest globally. Ishan’s focus on innovation, quality, and making a positive impact continues to help shape the company’s path toward sustainable and inclusive growth. Ishan is an avid sportsperson and has played an important role in Willetton districts cricket club, in 2010-2018. Outside of professional life, Ishan enjoys playing golf.
Rashpal Kaur
Organisation and Methods Analyst
Rashpal Kaur is Perdaman’s Organisational and Methods Analyst. Rashpal is an integral part of Perdaman’s operations, liaising with the heads of all Perdaman businesses and departments to help coordinate cohesive strategies and ensure the smooth running of corporate endeavours. She is also the first point of contact for new hires at Perdaman and works closely with staff and leadership to maintain Perdaman’s office culture. Rashpal has a Bachelor of Business, Human Resources Management from Edith Cowan University and a diploma in Electrical, Electronics and Communications Engineering.
Perth Childcare Centre Sells for Record Price
As featured in various media outlets, a new childcare centre in North Coogee has been sold off-market to a syndicate arranged by Perdaman for $7.1million.
Port Coogee Dinner at Dusk
So far this summer Port Coogee Village Shopping Centre has hosted three Dinner at Dusk events, with another two set to take place in March and April.
