PPC · Peet Limited

Description

Peet Ltd. engages in the acquisition, development, and sale of residential land. It operates through the following segments: Funds Management, Company-owned Projects, Joint Arrangements, and Inter-segment Eliminations and Other Unallocated. The Funds Management segment offers equity funds towards the acquisition of land and is generally supplemented with debt funds. The Company-owned Projects segment acquires parcels of land in Australia, primarily for residential development purposes. The Joint Arrangements segment consists of government, statutory authorities, and private landowners. The Inter-segment Eliminations and Other Unallocated segment refers to the revenue, expenses, and results. The company was founded by James Thomas Peet in July 1895 and is headquartered in Perth, Australia.