Property Interests

While PPK’s future growth remains focused on building a globally competitive Australian-based mining services and mining equipment group, the company continues to evaluate a range of property investments and ventures. 

 

Property Developments

PPK has an investment and involvement in the following projects:

  • Kiah Willoughby Residential Project; and
  • Nerang Street Southport Commercial Project.

The Kiah Willoughby Residential Project, in which PPK holds an 22.86% interest, is being undertaken in conjunction with EDG Capital which is the project coordinator.

PPK holds an 18.74% interest in the Nerang Southport Project Trust which owns an 11,000 sqm commercial site at Southport on the Gold Coast. 

These property assets are being progressively divested in a timely and opportunistic manner to realise the full capital value of each asset.