Right around Australia, Peet delivers vital, connected communities full of opportunity. We are the first choice for people of all ages who want to create their own modern, vibrant lifestyle; and for partners and investors who can rely on the skill and experience of a proud Australian company that’s been a leader in property for more than 120 years.
Our Googong development, one of the biggest new towns in Australia, received top honours in the 2019 UDIA NSW awards on Friday night winning both the Excellence in Masterplanned Communities and Excellence in NSW Regional Development categories.
Peet is pleased to have received approval for an exciting 27-storey development immediately adjacent to the City of Perth's cultural and arts precinct of Northbridge. Delivering an innovative and affordable housing option for Perth, the partnership with Department of Communities, will provide 184 apartments and a great range of community and commercial space.
Peet has led an historic infrastructure agreement that will fund more than $1.2 billion of essential services for the Greater Flagstone Priority Development Area, in Queensland. The infrastructure deal is the biggest of its kind in Australia’s history and will secure the infrastructure needs of the Greater Flagstone community for the next 45 years.
The Prime Minister’s visit included a press conference about the Government’s $525million commitment to vocational education and training (VET). The funding will deliver 80,000 new apprenticeships over five years — including bricklayers, carpenters and plumbers — as well as financial incentives for employers and trainees.
Peet has been featured in the National Australia Bank’s Big Ideas campaign – with Managing Director and CEO Brendan Gore sharing our big idea of making the dream of home ownership a reality for a million Australians, and how NAB is helping achieve that goal.
Today Peet announced an operating profit and statutory profit after tax of $23.1 million for the half-year ended 31 December 2018, which represents an increase of 5.6% compared with the previous corresponding period. Managing Director and CEO, Brendan Gore, said the solid result was underpinned by an increase in settlements across the Group’s national portfolio. The Group’s performance during the half year resulted in earnings per share of 4.74 cents, representing an increase of 6% compared with 1H18.