NOTE: The above process is based on a Company structure.
The Peet Syndicates compliance and management regime provides investors with:
- The comfort that Peet has fulfilled an extensive compliance regime and undertakes rigorous due diligence.
- The peace of mind that every investment opportunity presented will proceed, with every syndicate offer underwritten by Peet.
- The confidence of a Peet Syndicate is a single purpose vehicle whose major asset is/will be land. Peet Syndicates do not deal in high-risk investment opportunities such as debentures, mortgages, promissory notes or unsecured notes.
- A simple operating structure that keeps overheads to a minimum, preserving investor funds and profits.
- A Peet project team who provide exceptional project management, sales and marketing expertise and are supported by a team of the very best external consultants including environmentalists, engineers, landscape architects, planners and community development experts.
- A copy of the annual report, including an audit report undertaken by an independent auditor.
- Regular communication, ensuring investors are kept informed about their syndicate's progress and further investment opportunities.
- The confidence that they are joining a syndicate managed by Peet, a group with a long and reliable record of outstanding performance on behalf of its investors. See more in About Peet.
- Quality results. At Peet, we believe that the best returns result from a commitment to quality at every stage of a syndicate's development.
"The extra income has allowed me to enjoy my retirement without worrying about whether my investments will pay off, because I have every confidence that they will."
“In the nearly 10 years I have been investing with Peet Limited I have never had a failure. If a syndicate is started, it has always turned out to be very, very successful,”
Joe Telfer - Retiree and Peet Syndicates investor, VIC
“I really like the returns I receive but I also appreciate the depth of information that Peet provides and they always respond promptly if I ask for more detail.”
"In fact, I like Peet Limited so much I encouraged my children to invest with Peet and I am now considering making an investment in their next syndicate on behalf of one of my grandchildren – so that would make us three generations of Peet investors."
Joy Legge - Art consultant and Peet Syndicates investor, WA
"I have invested in six Peet Syndicates since 1998 and I'm confident Peet is developing land estates in current or prospective high demand localities. The syndicate model is a way that I am able to gain exposure to large-scale developments, with confidence that they will be expertly managed by Peet."
Greg Kilner - Real Estate Agent and Peet Syndicates investor, VIC
"You can invest with complete confidence in the ability and honesty of Peet Limited's people. They haven't struck a wrong blow as far as I'm concerned and they keep you informed."
“I certainly recommend investing with Peet to my friends because it such a terrific opportunity and they are good, safe investments".
Ted Edwards - Retiree and Peet Syndicates investor, WA
When you invest in a Peet syndicate you are buying into their expertise - expertise on demographics and planning that just isn't available to the "average Joe".
I really like the way the company is run – the people are straightforward, honest and have the interests of their investors at heart.
John Wenn - Peet Syndicates investor, WA
Returns will vary according to a number of factors including the performance of the property market at the time of development.
Wherever possible, Peet will provide a forecast of future returns in the offer document – however, this is not always possible in some longer-term projects where a development's start date is not certain. If we are unable to provide a forecast, prospective investors will be able to refer to the benefits and risks associated with the project detailed in the offer document.
Peet Syndicates investors start to realise a return on their investments once profits emerge. These profits are progressively returned to our investors in the form of distributions or dividends and continue until the final lots are settled and the syndicate is wound up. In the same way, capital is also returned progressively, as funds and taxation legislation and legislation permit.
Because of the way in which our investors realise their returns, our syndicates typically suit those investors who have a medium to long-term horizon, and who enjoy watching their investment grow under the experienced and ethical management of an award-winning developer.
What is a Prospectus?
A prospectus is an offer document lodged with ASIC under the Corporations Act which details the development, the benefits and risks of the offer of shares/units in the syndicate entity. The prospectus may also contain independent expert reports on the development from economists, accountants, planners, engineers and valuers commissioned as part of the rigorous due diligence. View a previous, CLOSED prospectus document here.
A Product Disclosure Statement is a document simial to a Prospectus, but which is issued for a Peet Syndicates that is established in a Trust structure (managed investment scheme) as opposed to a Company structure.
Where are Peet's land holdings for syndicates located?
Peet currently has land holdings in four States - Western Australia, Victoria, New South Wales and Queensland.
How long do the developments take?
The life of a project varies from syndicate to syndicate depending on the size of the land holding, approvals to develop and a range of other factors. These factors are fully detailed in each syndicate's offer document.
How often are offers in a Peet syndicate made?
Peet intends offering between two and four Peet Syndicates investment opportunities to investors each year.
What sort of returns can I expect?
Returns will vary according to a number of factors including the performance of the property market at the time of development. Wherever possible, Peet will provide a forecast of future returns in the offer document – however, this is not always possible in some longer-term projects where a development's start date is not certain. If we are unable to provide a forecast, prospective investors will be able to refer to the benefits and risks associated with the project detailed in the offer document.
Are there any risks?
Peet land syndicates have a strong history of solid returns to investors, and the management and Board of Peet have many years' experience in the property industry. However, there are risks associated with any land development, and each offer document details anticipated risk factors for that project. Please read the offer document carefully. Before deciding to invest, we encourage you to consult your financial advisor to assess whether an investment in a Peet Syndicate is appropriate for you.
Do I have to pay stamp duty or GST on my investment?
No. For example, a $5,000 cheque is all that would be required to buy 5,000 $1.00 shares/units in a syndicate.
Can I invest in a Peet syndicate for my personal super fund?
There are many privately managed super funds that do invest in Peet Syndicates. However, before deciding to invest, we encourage you to consult your financial advisor to assess whether an investment in a Peet Syndicates is appropriate for you.
How long is a syndicate open to investors?
The closing date for each syndicate is included in the prospectus. However, it's worth noting that in recent times many syndicates have closed early.
What does the term used in the offer document 'interest on subscription monies' mean?
In the time between receiving your subscription money and allotting you shares (issuing you units) in the syndicate, we will pay interest on your funds. Following allotment of shares (or issue of units), the next payment to investors will be in the form of a capital return or dividend.
Will my subscription be scaled, and what does this mean?
Recently several Peet syndicates have been extremely popular and we have received applications for more shares/units than are available. This means applications have been 'scaled' and investors have not been allotted as many shares/units as they would have liked. If your application is scaled, the excess application funds will be returned to you.
What if I want to sell my shares/units?
Each Peet syndicate is wound up at the completion of the project, with excess funds returned to investors. However, if you would like to sell your shares/units in a syndicate before the end of a project, Peet will put you in contact with potential buyers and you may then negotiate directly with them to dispose of your shares/units.
Because of the way in which our investors realise their returns, our syndicates typically suit those investors who have a medium to long-term horizon as the investment should be considered illiquid.