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Peet (ASX:PPCHB.PFD) Other Assets for Insurance Companies


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What is Peet Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Peet Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Peet Ltd (ASX:PPCHB.PFD) » Definitions » Other Assets for Insurance Companies
Traded in Other Exchanges
Address
200 Street Georges Terrace, Level 7, Perth, WA, AUS, 6000
Peet Ltd acquires, develops, and markets residential land, predominantly under a capital-efficient funds management model. The company earns revenue from the sale of land, underwriting, capital raising, and asset identification services; Ongoing project-related fees mainly project management, selling fees, and performance fees. It operates in the following segment: Funds management; Company-owned projects; Joint arrangements Inter segment transfers and other unallocated. The Company-owned projects segment accounts for the majority of revenue.