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Image: Flagstone, QLD
PEET LIMITED | ANNUAL REPORT 2020
Peet is one of Australia's leading residential real estate developers, creating places to live for thousands of Australians each year.
ANNUAL REPORT 2020 | PEET LIMITED
1
About
PEET
Peet is one of Australia's leading residential real estate developers, creating places to live for thousands
of Australians every year. Listed on the Australian Stock Exchange (ASX) since 2004, Peet develops masterplanned communities, medium density housing and low-rise apartments in the major growth corridors in every mainland state in Australia.
Established in 1895 by founder James Thomas Peet with a vision for Australians to build or buy their own home, Peet has enabled thousands of Australians achieve their ownership dreams.
With strong roots in Western Australia and a presence that now reaches across the country, Peet has played a key role in shaping and enhancing the urbanisation of cities by creating desirable communities with a strong commitment to affordability.
Image: Googong, NSW
2 PEET LIMITED | ANNUAL REPORT 2020
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Peet Limited published this content on 16 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 October 2020 04:24:03 UTC
Peet Limited is an Australia-based residential real estate developer. The Company acquires, develops, and markets residential land, predominantly under a capital-efficient funds management model. It is engaged in developing master planned communities, townhouses, and apartments in the growth corridors across Australia. Its segments include Funds management, Company-owned projects, and Joint arrangements. Under the Funds management segment, it enters into asset and funds management agreements with external capital providers. It also offers underwriting, capital raising and asset identification services. Under the Company-owned projects segment, it acquires parcels of land in Australia, primarily for residential development purposes. Certain land holdings also produce non-residential blocks of land. Under the Joint arrangements segment, it enters into joint agreements with the government, statutory authorities, and private landowners for the management of the development projects.