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Focused vision for LandCorp

The Western Australian Land Auth-ority (LandCorp) recently launched its new business directions for the 1999/2000 financial year.

The new focus has come about after recent amendments to the West-ern Australian Land Authority Act.

LandCorp is now focused on three core outcomes – ensuring there is sufficient industrial land to foster economic growth, maximising returns on government land and providing integrated major urban development and redevelopment.

In line with its new focus, LandCorp identified more than $180 million of non-core assets and to date has disposed of $130 million of these including an interest in the Lakeside Joondalup Shopping City for $58.5 million.

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Total combined value of current WA projects

23rd↓Qube PropertyNFP
24th↑Access Housing Australia2,094,000
25th-LandCorpNFP
26th-PerronNFP
70 property - (built-form) developers ranked by total value of WA projects currently under construction ($)

Lots expected to be completed for sale, current financial year

3rd↓Satterley PropertyNFP
4th-LWP Property GroupNFP
5th↑LandCorp582
6th↑Cedar Woods Properties500
7th-Urban Quarter275
43 property - land developers ranked by number of WA lots expected to be completed for sale, current financial year

Total revenue

10th↑Pilbara Ports Authority$422.6m
11th↑Racing and Wagering Western Australia$337.9m
12th↓LandCorp$325.0m
13th-Fremantle Ports$214.1m
14th↑Metropolitan Redevelopment Authority$169.1m
29 state government businesses ranked by total revenue - this year

Number of Employees

Property - (Built-form) Developers

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