ASX Announcements
Market Sensitive
Peet Establishes New Fund for Future Qld Residential Project
Progress Report
- Dec 20, 2024
- 1 page
Notification regarding unquoted securities - PPC
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Nov 29, 2024
- 6 pages
Notification regarding unquoted securities - PPC
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Nov 29, 2024
- 6 pages
November 2024
ASX property stocks are the ‘quiet achievers’, says SG Hiscock
Portfolio manager Grant Berry says residential developer Peet has the most near-term upside and opportunity abounds in the smaller end of the property sector.
- Joanne Tran
May 2023
- Opinion
- Construction
Not all construction companies are a mess – this is where to look
With high underlying demand, there are lucrative potential returns for those that can survive current pressures.
- Elio D'Amato
October 2020
360 Capital moves on from Peet Limited
Tony Pitt-led real estate fund manager 360 Capital's whirlwind journey onto listed residential developer Peet Limited's share register is coming to a close.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
August 2020
UBS helps mystery buyer hunt for Peet stake
Its equities desk is trying to snatch a substantial holding in the listed residential developer for an unnamed buyer.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
Divestment plan puts Peet in the red
A sharp drop in settlements and the cost of divesting non-core projects resulted in a statutory loss for the residential developer.
- Nila Sweeney
Mystery buyer snaps up toehold stake in activist target Peet Ltd
Fund managers' eyes are trained on the listed residential developer and the smoke signals are flying.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
July 2020
ASX rises; Afterpay cracks $75, tops $20b market cap
The Australian sharemarket rises 0.6 per cent as miners, banks advance. Afterpay joins 20 largest companies after 11 per cent surge. Sezzle soars 42pc. Treasury Wine Estates warns of 21 per cent earnings slump. ASX extends capital raising relief until November 30.
- Robert Guy, Vesna Poljak, Sarah Turner, William McInnes, Tom Richardson and Luke Housego
February 2020
Peet earnings slump on lower settlements
Developer points to higher sales figures, but says FY20 will still be worse than last year.
- Michael Bleby
L1 Capital takes aim at Peet Ltd, calls for strategic review
Shareholders in $650 million listed residential developer Peet Limited have reached breaking point with the company's strategic direction.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
August 2019
Peet 'cautious' about housing recovery
Developer expects 'challenging' year ahead after sales - a leading indicator of settlements - almost halved.
- Michael Bleby
May 2019
Outlook turns on a dime for developers
'A week makes all the difference': dramatic political and policy changes in the past week have boosted the residential outlook for all developers.
- Michael Bleby
February 2018
PEET targets earnings growth in second half of year
Lot sales and settlements fell at PEET Group in the six months to December as the WA-based developer and fund manager reported a 4 per cent fall in before-tax earnings, which came in at $41.7 million
- Updated
- Larry Schlesinger
September 2017
Western Australia is in better shape for growth than you probably think
The rebound of the mining and mining services sectors was the standout story amid last month's generally underwhelming company results announcements.
- Updated
- Chris Stott
February 2017
No improvement in Perth housing market in 2017: PEET
WA-based residential developer and fund manager PEET says there will be no improvement in the Perth housing market in 2017.
- Updated
- Larry Schlesinger
July 2016
Peet links with Thai developer Supalai for Redbank Plains project
Development and funds management group Peet has formed a new joint venture fund with Thai heavyweight developer Supalai Public Company to develop a housing estate in Brisbane.
- Updated
- Robert Harley and Nick Lenaghan
May 2016
Peet finds a buyer for shopping centre in Melbourne's north
Listed developer Peet Group has sold a retail development site at one of its housing estates in Melbourne to a private developer for a little more than $11 million.
- Updated
- Nick Lenaghan
Developer Peet to diversify capital with $75m bond offer
Peet Limited will raise up to $75 million to refinance existing debt and diversify its capital structure as it seeks to strengthen its balance sheet.
- Updated
- Michael Bleby
February 2016
Perth's Peet rides higher in the east
Residential developer Peet Group has a record number of contracts in hand as buoyant east coast markets helping it to an 8 per cent lift in its 2016 interim profit.
- Updated
- Nick Lenaghan
Ouson Group pays $74m for site near Ned Kelly birthplace
Melbourne developer Ouson Group has paid about $74 million to acquire a140 hectare greenfield site in the rural hamlet of Beveridge, most famous as the birthplace of the outlaw bushranger Ned Kelly.
- Updated
- Larry Schlesinger
January 2016
Pointcorp switches focus to house and land packages over inner-city apartments
Developers who tripled their money selling a $24 million property are sceptical about Brisbane's apartment boom and will diversify into houses and land.
- Updated
- Matthew Cranston