Peet

Property developers Cedar Woods and Peet have posted their full year results, with both disclosing the impacts of COVID-19 on sales and construction starts.

Property developer Peet has released the first stage of its new residential estate in Perth’s northern corridor, Elavale at Eglinton.

The statutory pay reported by listed companies tells only part of the story. Some companies also report ‘actual’ pay.

Land developer Peet and apartment developer Finbar have both posted profits for the first half of the 2021 financial year.

Land developer Peet has launched legal action against three companies it contracted to design and build retaining walls within its 2,800-lot Shorehaven residential estate in Perth’s north.

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

National residential property developer Peet has revised its profit forecasts considerably after COVID-19 resulted in strong demand for local housing.

WA-based residential property developer Peet has bought a 15-hectare parcel of land from the University of Canberra for $67 million, with a view to build a 1,600-residence development.

Western Australia-based land developer Peet has lodged plans to build a $20 million 11-storey apartment tower in Mosman Park.

Residential developer Peet is suing major landholder G&M Candeloro Nominees for more than $1.3 million over a six-year-old sales management agreement between the parties.

WA-based developer Peet has secured full ownership of the $6.7 billion Flagstone City project in South East Queensland, acquiring a 50 per cent shareholding from its joint venture partner.

Peet sells 250ha site no longer considered part of its short-to medium-term development plans.

Industry leaders are finding ways to address shortfalls in affordable housing and homeless accommodation.

Market conditions are leading to a proliferation of townhouse developments across Perth.

Retirement home operator Arcadia Waters has purchased the 194-unit Lattitude Lakelands village for close to $5.5 million.

The land developer has issued a brief update to its shareholders on its expected 2021-22 performance.

The developer has delivered Australia’s first two-storey nine-plus star NatHERS rated home at its Brabham estate.

The land developer says WA is poised for price growth, as it posts a record profit of $52.3 million at its full-year results.

Perth developer Peet has earmarked 20,835 square metres of land to build a complex of 100 double-storey townhouses in Glendalough.

Perth developer Peet has received unanimous approval from an assessment panel to build a townhouse complex on Harborne Street, Glendalough.

Plans for a mid-tier public transport network connecting infill suburbs is gaining traction with industry.

The land developer has recorded a 70 per cent profit boost, but says sales have been hampered by interest rate rises and construction delays.

Land developers are confident about the road ahead despite facing challenges on several fronts.

Long-time Tsunami restaurant owner Brett Carboni has succeeded in getting approval to redevelop his Mosman Park building into an apartment and eateries development.

WA’s residential housing market has responded to demographic shifts over the decades.

Strong settlements have led to a 34 per cent rise in the land developer’s profit to $70.1 million in FY23, but a drop in lot sales this year could hit its future bottom line.

Property funds are navigating economic headwinds to deliver returns to their investors.

Western Australian projects and developers have been recognised at a state industry awards, including Adrian Fini being named Property Leader of the Year.

Business News runs the rule over a cross-section of companies to determine how much firms of varying size and industry invest in WA communities.

There’s work to be done to ensure open books around certain industries’ contribution to the communities in which they operate.

The land developer has recorded $15.5 million profit for the half year, but is reporting strong lot sales in WA.

Peet non-executive director Tony Lennon and his family have bought a site that formed part of Prix D’Amour from William and Rose Porteous for $3.75 million.

Property developer Peet has been joined to a NSW Supreme Court damages claim worth up to $28 million brought by one of its former joint venture partners.

Peet chairman Tony Lennon plans to retire later this year, bringing an end to one of the longest periods any individual has led a major listed company.

A superannuation fund followed distantly by two land investors dominates the local landscape.

Perth-headquartered property developer Peet has extended its reach on the eastern seaboard after acquiring a large tract of residential land for $56 million.

Peet welcomed price growth across Western Australia, South Australia and Queensland after reporting a 62 per cent jump in group earnings to $46.9 million.

Land developers are embracing inland areas and different housing types in a bid to meet the state’s housing needs.