Peet Ltd
Peet Limited is a residential developer, which is engaged in creating master planned communities, townhouses, and apartments.
The business
Peet Limited is a residential developer, which is engaged in creating master planned communities, townhouses, and apartments. The Company acquires, develops and markets residential land. 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. Its subsidiaries include CIC Australia Pty Limited, Peet Southern JV Pty Limited, and Peet Treasury Pty Limited.
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