Key information

🔎 Fund Overview

Peet Ltd. engages in the acquisition, development, and sale of residential land. The company is headquartered in Perth, Western Australia and currently employs 185 full-time employees. The company went IPO on 2004-08-05. The firm acquires, develops and markets residential land, predominantly under a capital-efficient funds management model. The company 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. The company 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.