Mid to late 1900s – Expansion of land syndication and development activities
JT Peet was succeeded as Chairman by his son Cyril Peet, and then by Geoff Russell.
Cyril Peet and Geoff Russell were well known in the Perth community for their efforts on behalf of legacy, RSL, and charitable and sporting organisations. Cyril was a President of the Real Estate Institute of WA and Geoff was a President of the Australian Institute of Valuers (WA).
In 1985, Peet merged its business with Tony Lennon & Assoc., and Geoff Russell was succeeded by Tony Lennon, Peet's current Chairman. Tony Lennon was President of the Real Estate Institute of WA and has been active in numerous community and local government bodies, including Chairman of The Australia Day Council of WA and President of the Shire of Peppermint Grove.
1985 also saw Warwick Hemsley join the Company as a Director, subsequently becoming Managing Director. Ian Palmer joined as a Director in April 1986.
Between the mid 1980s and early 1990s, Peet built up the largest franchised suburban real estate group in Western Australia. However, the master franchise was sold in 1993 to devolve the company's general real estate operations and move to the specialised services of land syndication, project management and marketing of land estates.
Peet was a pioneer of residential land syndication, creating land investment companies for many of its projects.
Over the years, Peet has continued to develop some of Perth's best-known estates including Kinross, St Michel, St Clair, St Paul's, Village Green, Bramley Waters, Eaton Garden Estate, Atwell Waters, Darling Vista, The Sanctuary (Woodvale), and Drummond Cove.
In 1996, Anthony Lennon Jr. joined the Board of Directors, and oversaw Peet's expansion of operations into Victoria in 1997, including the purchase of St Johns Wood Estate in Berwick and the development of Panorama Estate.
