How PARKD’s Exclusive Deal with Fielders Could Transform Australia’s Modular Construction
PARKD Limited has clinched exclusive national rights to prefabricate key modular building components from Fielders, positioning itself to capitalize on booming construction sectors like data centres and self-storage across Australia.
- Exclusive national prefabrication rights secured for SlimDek210® and MDSB® modules
- Revised License Agreement strengthens PARKD’s market position on Australia’s east coast
- Focus on high-growth sectors – data centres and self-storage facilities
- Streamlined access to PARKD System enhances contractor and developer collaboration
- Partnership supports ongoing projects including McNab Group pilot in Queensland
Exclusive Partnership with Fielders
PARKD Limited (ASX, PKD) has announced a significant milestone by securing exclusive national rights from Fielders, a division of BlueScope Steel, to prefabricate and deliver the SlimDek210® and MDSB® modular building systems. This revised License Agreement, building on an earlier deal signed in February 2025, positions PARKD as the sole provider of these prefabricated modules across Australia, with immediate effect.
Strategic Market Positioning
The agreement notably enhances PARKD’s ability to capture substantial projects on the east coast, particularly within the rapidly expanding data centre and self-storage sectors. These industries are experiencing a construction boom, driven by escalating demand for scalable and efficient infrastructure. PARKD’s modular solutions, which emphasize speed, flexibility, and sustainability, align well with these market needs.
Operational and Supply Chain Advantages
By holding exclusive prefabrication rights, PARKD can better manage supply chains and maintain stringent quality control, critical factors in meeting tight project deadlines and client expectations. The streamlined access to the PARKD System for contractors and developers is expected to facilitate smoother project delivery and foster stronger collaboration in a competitive construction landscape.
Ongoing Projects and Future Growth
The partnership supports ongoing works, including a recently announced pilot project with McNab Group in Queensland. PARKD’s Managing Director, Peter McUtchen, emphasized the strategic importance of this deal, highlighting the company’s commitment to reshaping construction efficiencies through modular prefabrication. Looking ahead, PARKD aims to leverage this collaboration to secure further contracts and expand its footprint nationally.
Innovation and Sustainability
The PARKD System, incorporating the MDSB® and SlimDek210® modules, offers innovative construction benefits such as eliminating the need for intermediate propping, enhancing safety during assembly, and enabling modular flexibility. Coupled with PARKD’s proprietary CVB® technology, the system promises faster construction times, reduced material waste, and sustainable outcomes aligned with industry best practices.
Bottom Line?
PARKD’s exclusive prefabrication rights mark a pivotal step in scaling modular construction solutions amid Australia’s infrastructure surge.
Questions in the middle?
- What are the financial terms and expected revenue impact of the revised License Agreement?
- How quickly will PARKD convert this exclusive right into large-scale project wins beyond the pilot phase?
- What competitive responses might emerge from other modular construction providers in Australia?
