The Peet Group has a diversified land bank across all mainland state and territories, with a pipeline of approximately 52,000 lots worth $13.8 billion. This represents 17 years’ lot supply based on current sales rates.
The Group acquires, develops and markets residential land, predominantly under a capital-efficient funds management model.
Our focus is to create high-quality masterplanned residential communities for homebuyers across Australia, and achieve the best possible results for our shareholders, investors and partners, which include State and Federal Government agencies and major Australian institutions. These are in addition to our syndicate and company investors.
Congratulations to the entire OP LAKC 17 team on their outstanding achievement having completed the gruelling 96km Kokoda Track in Papua New Guinea!
The commitment, teamwork and physical and mental strength displayed by the Junior Legatees and their ADF mentors was impressive and their reflections along the way, captured in this video, incredibly moving.
We are extremely proud to support Legacy Australia and to be able to share the experiences and wonderful achievements of these group of outstanding young Australians.
Operation Legacy Kokoda Challenge – ready for take off
POSTED ON 25 Aug 2017
As the group depart on Monday to take on the gruelling 96km track, hear from Peet Managing Director and CEO, Brendan Gore, on why we’re proud to be supporting some very special Legatees on this incredible journey.
The Peet Group today announced an operating profit and statutory profit after tax of $44.8 million for the year ended 30 June 2017, which represents an increase of 5% compared with last financial year.
Managing Director and CEO, Brendan Gore, said the results were achieved on the back of continuing strong conditions across the Group’s east coast markets.
“The Group has continued to achieve price growth in these key markets and particularly across the Victoria portfolio. There were also signs of improvement in the Queensland portfolio, with increased levels of enquiry and sales,” said Mr Gore.
Supporting the community is in our DNA. Here are just some of the highlights of the wonderful local groups and organisations we have supported through our Community Partnership Program over the past year.
Our commitment to innovation keeps us looking for new ways to deliver exciting lifestyle opportunities for residents in our communities across the country. Peet is excited to have joined forces with ‘experts in fun,’ the Mamma Knows Melbourne team, in an exclusive partnership to guide the design and development of our parks and playgrounds at Cornerstone and Newhaven in the west, and Aston and Aspect in the north.