Peet Limited (PPC.AX)
Peet Limited operates in the Real Estate - Development industry of the Real Estate sector, headquartered in Perth, WA, AU. The stock last traded at $1.76, down 0.56% on the session, giving a market capitalisation of $826.3M. Its beta of 0.47 implies it has historically moved less than the broad market.
Peet Limited, an Australian firm founded in 1895 and based in Perth, specializes in the acquisition, development, and marketing of residential land across the country. The company's operations are structured into three distinct segments. Its Funds Management division offers services such as underwriting, capital procurement, and asset sourcing. The Company-Owned Projects segment focuses on purchasing land primarily for housing developments, although it also prepares non-residential plots. Lastly, the Joint Arrangements segment undertakes land development initiatives through collaborations with government agencies, statutory bodies, and private landholders.
Peet Limited is most often compared with the following Real Estate names: