KDL Property Group has more than doubled its residential development pipeline to almost $2 billion, following more than ten strategic acquisitions across South East Queensland’s key growth corridors.

The acquisitions add around $1.2 billion in end value to KDL’s portfolio, taking its total active pipeline to more than 3,100 lots and over 300 townhouses. The expansion reinforces the company’s leadership in delivering affordable housing solutions across Queensland.

Strategic Growth to Meet Housing Demand

KDL Founder and Managing Director Kent Leicester said the past year had been one of exceptional growth for the company.

“KDL has now completed around 1,400 lots since 2012 and is on track to deliver close to another 400 lots in the next 12 months,” Mr Leicester said.

“Our latest acquisitions have added 2,150 lots to the KDL pipeline with the majority of these forecast to be delivered within the next four years, including a substantial number of completed homes by Ryse Construction.”

KDL’s wholly owned building division, Ryse Construction, will play a major role in delivering the next phase of projects, which include a mix of land and completed homes.

“These new projects have also expanded our footprint from the Logan and Moreton Bay growth corridors to Ipswich and Toowoomba, providing more essential housing options for growing communities,” Mr Leicester said.

Expanding Across Growth Corridors

The most recent KDL acquisitions are located in Burpengary, Joyner and Waraba (Moreton Bay), Logan Reserve (Logan), Yamanto, Ripley and South Ripley (Ipswich corridor), and Meringandan (Toowoomba region).

Development Applications have been lodged or are pending for most sites, signalling continued progress in line with Queensland’s housing supply goals.

KDL currently has five active land projects across the Greater Brisbane region, along with commercial developments such as its recently completed childcare centre at Burpengary East.

Pioneering Affordable Housing Partnerships

KDL is both the land developer and builder in a Housing Australia Future Fund (HAFF) partnership delivering 359 dwellings across multiple KDL communities in Moreton Bay and Logan. The program’s first 41 dwellings were handed over last month.

The company is also a land delivery partner in the Everyone’s Place program, which will see KDL provide 291 lots for the construction of 483 affordable homes with the support of the Queensland Government.

“We are playing a pioneering role in the delivery of affordable housing with unique planning outcomes and construction programs that meet affordability criteria without compromising on quality or design,” Mr Leicester said.

Vertical Integration Drives Efficiency

KDL’s vertically integrated structure — encompassing both land development and construction — enables it to deliver housing more efficiently and cost-effectively.

“As both land developer and builder, our streamlined, vertically integrated business model enables more efficient land use and smarter lot sizing, together with shorter build times and cost savings across design and construction,” Mr Leicester said.

“These savings can then be passed on to owners, investors and tenants while maintaining strong outcomes in terms of liveability, finish and environmental performance.”

Looking Ahead

With over 400 lots expected to be completed in the next 12 months and more than 2,000 new lots in the pipeline, KDL’s focus remains on scaling responsibly and continuing to deliver housing that meets community needs.

“We are looking forward to another exciting year of growth with new partnerships and record numbers for both KDL and Ryse,” Mr Leicester said.

For the official announcement and full statement, visit KDL Property Group’s website.

Author: TGB Editorial