News Articles for Brendan Gore

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

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

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

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.

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

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.

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

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

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.

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

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

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

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.

The biggest local fund managers developed their reputations decades ago.

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

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

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.

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.

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

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

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

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.

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.

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.

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

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.

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.

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

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.

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.

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.

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

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

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.

SPECIAL REPORT FOR SUBSCRIBERS ONLY: The annual Business News remuneration survey has data and in-depth analysis on hundreds of WA company directors and executives. We identify the top earners, including the people who qualified for large bonuses and equity incentives, in some cases year after year. The survey also reveals a big jump in the number of WA people who earned incomes of $1 million or more last financial year.

Peet managing director Brendan Gore says strong market conditions on the east coast helped the land developer achieve a higher net profit for the 2017 financial year.

Land developer Peet is planning to establish a joint venture with Perron Group after being named by the state government as its preferred developer for the Brabham housing project near the Swan Valley.

ANALYSIS: The fortunes of an iconic residential property developer are a pointer to the health of WA's economy.

Land developer Peet says it doesn't expect conditions to improve in Western Australia in 2017, as it continues to push its long-running strategy to focus its operations outside of its home state.