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Developers hit by market slowdown

THE tough conditions experienced by developers during the past six months have been reflected in half-yearly results, with major property developers Australand and Port Bouvard announcing significant losses.

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Ranked by total area owned then by total assets

17th-Cbus Super36,000
18th-ISPT33,038
19th↓Frasers Property Australia32,325
20th-Eureka Real Assets31,260
21st-Perth Upper China Hotel31,000
37 property - commercial owners ranked by size of total area in m2

Lots expected to be completed for sale, current financial year

26th↓Heath Development Company50
27th↓Progress DevelopmentsNFP
28th↓Frasers Property AustraliaNFP
40 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Number of Employees