Peet Limited

Today, Peet released its FY24 results, achieving operating profit and statutory profit after tax of $36.6 million. Managing Director and CEO, Brendan Gore said, “The Group remains well-positioned to navigate the current environment, including having projects in Vic and ACT/NSW that are ready to benefit from a recovery in those markets and the capital to implement an appropriate delivery program in response.” Subject to continuing market conditions and the timing of settlements, and supported by more than $480 million in contracts on hand, Peet is well-positioned for FY25, with expectations for earnings growth and strong operating cash flows.

This International Youth Day, Peet proudly supports Black Dog Institute in celebrating a key milestone through the Future Proofing Study. Future Proofing is Australia’s largest and most comprehensive study of adolescent mental health, surveying over 6,000 students between the ages of 13-18. The study aims to understand why mental health rates are increasing in young people, identify targets for early intervention and prevention and use data to inform education, guidelines and policy to improve youth mental health and wellbeing. This month, the first cohort of students surveyed since 2019 will complete their final survey, including questions about their retrospective reflections on school life, their chosen paths and trajectories post-school. In addition to funding support of the Future Proofing Study, the partnership delivers community and workplace education sessions throughout the year, providing participants with opportunities to talk about mental health and receive support. Now entering its third year, the partnership with Black Dog Institute aligns with Peet's social sustainability strategy of creating positive impact in our communities and for our staff. “We have a strong focus on prioritising mental wellbeing within the workplace and in the community, so are very proud of our partnership with Black Dog Institute and are pleased to join them in celebrating this research milestone,” said Peet Managing Director and CEO Brendan Gore. “The ability to support a program that helps better understand the pressures young people experience, to provide preventive interventions on a large scale and create meaningful change in an area that impacts most families in some way is invaluable”.  #internationalyouthday #youthmentalhealth #futureproofing

Congratulations Katie on your well-deserved nomination and all the best for the Awards night!

Peet is committed to creating socially and environmentally sustainable outcomes that deliver long term benefits for the community, and we have a number of Peet estates around the country that support National Tree Day as a national community initiative. Last week, local schools in our communities of Newhaven Tarneit (VIC), Bluestone Mt Barker (SA), Googong (NSW), Brabham Estate (WA) and The Village at Wellard (WA), planted native trees, plants, shrubs and seedlings, helping educate students about sustainability and the role we can all play in having a positive impact on our local environment. Thanks to Tranen Revegetation Systems, LD Total, Greater Western Water, Mount Barker District Council and Creating Communities Australia for their collaboration on this national initiative which not only boosts the local ecosystem but also engages an entire generation of students, encouraging them to care for both the community and local environment for years to come. #nationaltreeday #sustainability #environment

We are thrilled to have Bluestone, Mt Barker named as the Best Masterplanned Community at the UDIA SA Awards for Excellence last night! Congratulations to the Peet team in Adelaide and our team of consultants, and thank you to UDIA SA for this fantastic recognition.

Continuing to highlight the amazing projects entered in the Marketing category sponsored by Slick Design Pty Ltd for the UDIA WA 2024 Awards for Excellence! Brabham Estate by Peet Limited and DevelopmentWA Congratulations to all those who were involved in these projects! 📍 Creative Agency - Nita Davey from Trilogy Advertising & Marketing 📍 Media Agency - Jodie Allen from Match & Wood 📍 Public Relations Agency - Tom Horn from Burson 📍 Builder - Mick Fabar from Green Homes Australia 📍 Landscape Design and Construction - Dan Doupain from LD Total 📍 Consulting Engineers - Mark Wallis, Luke Coyle from Cossill & Webley Consulting Engineers 📍 Planner - Simon Burnell from CLE Town Planning + Design 📍 Landscape Architect - Kirsten Dawson from PLAN E Landscape Architects 📍 Environmental Consultant - Jason Hick from Emerge Associates Landscape Architects & Environmental Consultants 📍 Hydrologist - Shane McSweeney from Pentium Water 📍 Surveyor - Matthew Webb from MNG 📍 Community - Allan Tranter from Creating Communities Australia 📍 Technical Partner - Brian O'Keefe from nbn® Australia Show your support for the nominated projects and your colleagues and book your tickets to the 2024 Awards for Excellence Gala Dinner: https://lnkd.in/g2w55-Ne We extend our thanks to the 2024 Marketing Sponsor Slick Design Pty Ltd, Platinum Sponsor Western Australian Planning Commission, Gold Sponsors Lavan and Stantec, Category Sponsors nbn® Australia, Longreach Recruitment, Stockland, Wormall Civil Pty Ltd, Slick Design Pty Ltd, Taylor Burrell Barnett and ATCO. 

Brabham Estate held its second annual NAIDOC Week celebration over the weekend in partnership with the City of Swan. The community came together to recognise and celebrate the history and culture of the area and the rich contribution Aboriginal and Torres Strait Islander peoples make to the community. Respected local Elders Cindy Garlett and John Mogridge delivered the Welcome to Country and Smoking Ceremony, and dancers from Dadaajal performed traditional dance that has been passed down through generations. The community were entertained by talented Aboriginal Australian singer songwriter Angela Rule who, through her music, shared her own stories and life experiences. Peet is committed to ongoing positive engagement with Aboriginal and Torres Strait Islander peoples as we move forward together to foster inclusion and build unity within the community. Brabham is a Peet community developed in partnership with DevelopmentWA.

Congratulations to Emma Atkin, People & Culture Manager, for being recognised as a Finalist in the People First category at the Property Council Victoria People in Property Awards last night. It was a fantastic achievement for Emma to be recognised as a Finalist for the outstanding initiatives she has implemented at Peet, particularly her focus on developing leadership and capability across the team and her commitment to health and wellbeing in the workplace. Well done Emma, your passion and leadership is a great asset to the team. Congratulations to all the award winners and thank you to the Property Council Victoria for a superb event recognising the incredible talent we have in our industry.

Across our operations, we have an intrinsic connection to the land and community and are committed to playing our role in contributing towards reconciliation. This National Reconciliation Week, we were pleased to be joined by Christian Hampson, CEO of Yerrabingin Pty Ltd, an Aboriginal owned design studio that works with industry to deliver environmentally conscious native landscapes and place making designs enriched with Indigenous narratives. Christian shared an insightful presentation outlining his Connecting with Country framework and the collaborative design approach undertaken during the planning phase of a Peet project. These design principles will ultimately lead to a socially inclusive, innovative community that honours the rich cultural heritage of the place and fosters a strong connection to both the environment and people. #NRW2024

Take a quick tour of Tonsley Village from above and you’ll discover its home to contemporary, affordable homes and top-tier amenities, seamlessly connected to Australia’s leading innovation district and just 20 minutes from the Adelaide CBD. With the development now in its final stages of selling, Tonsley Village is a prime example of delivering positive community outcomes through a well-designed masterplan with innovative, diverse product in a desirable infill location. Tonsley Village is developed in partnership with Renewal SA. Tonsley Innovation District