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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| PPC | +35.46% | +80.19% | +12.5% | +261% |
| S&P | +13.66% | +87.02% | +13.34% | +517% |
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 Transfers and Other unallocated segments. 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 comprises of government, statutory authorities, and private landowners. The Inter-segmnet 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.
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