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GEO Property Group Limited - Overview
The Company was established in February 2006 to undertake the active business operations of the Group. In October 2006, the company acquired GEO Developments Pty Ltd (formally known as Villa World Limited), a national developer of residential communities. The activities of the Company now primarily represent the activities of GEO Developments Pty Ltd.
GEO Developments Pty Ltd commenced operation in South East Queensland in 1986 and was listed on ASX in 1987. GEO Developments Pty Ltd has become one of Australia's leading developers of homes, land and apartments and has expanded into New South Wales and Victoria.
The Group's current strategy is to grow the core residential communities development business within Australian mainland states and to expand its business operations into:
commercial development (office, retail and industrial), including development of assets for the Trust and development for sale to third parties; and
asset and capital management, in particular the establishment and management of residential development funds.
