Brendan Gore

Property groups Cedar Woods Properties and Peet have both reported increases in net profit after tax for the first half of the 2018 financial year.

Perth-based Peet has confirmed its appointment by the state government as the developer for the Brabham housing project near the Swan Valley.

Despite his non-linear career pathway, Brendan Gore’s resources sector roles have provided invaluable experience for his leadership at Peet.

Property developer Peet has reported an increase in net profit after tax for the 2018 financial year, entering FY19 backed by a state government contract for a 220-hectare landholding in Brabham, near the Swan Valley.

Land developer Peet has continued to diversify its business after being selected as the state government's partner for a $45 million high-rise apartment project near central Perth.

SPECIAL REPORT: There has been a notable reduction in the number of high-earning executives in WA, though some individuals do well year after year, research by Business News has found.

SPECIAL REPORT: There can be wide differences between the statutory pay reported by listed companies and the ‘take home’ pay of their senior executives.

Western Australia-based land developers Cedar Woods Properties and Peet have booked solid half-year profit lifts, with both companies’ diversified portfolios placing them on solid foundations for future earnings growth.

SPECIAL REPORT: Battered by the biggest downturn to hit the property sector in decades, WA land developers remain in survival mode as they await an expected recovery.

The number of long-serving chief executives at WA listed companies is shrinking rapidly. We look at recent retirements by several 'veteran' CEOs and a small group of individuals who have lasted more than 10 years.

Changing market conditions are driving a shift in strategy for WA greenfields land developers.

SPECIAL REPORT: WA’s residential land developers are cautiously positive the market is rebounding, but likely economic disruption from the COVID-19 pandemic could press pause on the recovery.

Peet has announced a major restructure to cut costs, including the divestment of $75 million of non-core projects and annual savings of up to $7 million.

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.

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.

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.

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

The biggest local fund managers developed their reputations decades ago.

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

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.

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.

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

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.

Shareholder returns were not always reflected in the scale and growth of public-listed executive pay packets last financial year.

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.

The land developer has revised its forecasts upwards in light of the performance of its national portfolio.

Brendan Gore will step down as chief executive at the land development company in July, following two decades at the business.

Brendan Gore steps out of the listed land developer, which he says is in great shape.