Peet buys 17ha parcel in Baldivis

WESTERN Australian-listed developer Peet and Company has acquired a 17-hectare parcel of land in Baldivis, with the potential to create 200 lots. Peet business development director Anthony Lennon said the developer was aware of the strong growth in the south-western corridor and had achieved excellent results with the current Baldivis estate, ‘The Ridge’. “We propose to develop this elevated property into a first-class residential estate with lots designed to capture the striking escarpment views,” Mr Lennon said. “The property is in a sought-after location close to the proposed Baldivis town centre, a primary school, and other land estates, and is situated 1.7 kilometres from the Mundijong Road-Kwinana Freeway access. “Peet continues to look for suitable land acquisitions across Australia as part of its ongoing program of sourcing and developing well located land parcels,” he added.


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Peet (PPC)

Share Price

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BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
266thGR Engineering Services24%27%
490thFleetwood Corporation-10%-7%
662ndDecmil Group-38%-15%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Bought
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$0 Other
Total value as at the date of the transaction
Source: Morningstar


18th↑Decmil Group$341.6m
21st↑GR Engineering Services$284.0m
22nd↑Fleetwood Corporation$266.8m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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