2019
Annual Report

What Landcom
is here to achieve

We create more affordable and sustainable communities

Our Role

Help the Government achieve its urban management objectives

Our Aim

Create innovative and productive places that demonstrate global standards of liveability, resilience, inclusion, affordability and environmental quality

Our Strategic Direction

Housing

Increase the affordability, supply and diversity of housing

Partnerships

Partner with others to unlock development opportunities and improve delivery

Leadership

Demonstrate excellence in sustainable development and planning practice

How our people make it happen

Our Values

Embrace challenge to deliver outcomes

Excel through strong relationships

Bring an enterprising spirit

Our Code of Conduct

Act with honesty and integrity in everything we do. Build relationships, treating all others with respect and dignity. Ensure the safety and wellbeing of yourself and others. Respect confidentiality and use information appropriately. Use and manage public resources economically and efficiently.

Hold each other accountable to The Code of Conduct.

FY19 economic
and financial
highlights

$214

Million returned to NSW Government

(Income tax equivalents
and dividends declared)

$200

Million dividend paid

(In relation to 2018)

$33

Million net profit after tax

$268

Million sales
revenue

Awards and
recognition

In FY19 Landcom received the
following recognition and awards:

International recognition as fourth in the world and third across Asia Pacific in the 2018 Global Real Estate Sustainability Benchmark (GRESB) Developer Assessment. Landcom is the only government land organisation in the world to participate alongside publicly listed and private companies in GRESB, which assesses environmental, social and governance management and implementation performance.

We won the award with Dharug Strategic Management Group, GHD, Blacktown Arts (Blacktown City Council) and C3West (a program of Museum of Contemporary Art Australia).

Our University Roundtable Power Plants research project team was awarded the 2019 Landscape Architecture Award for Research, Policy and Communications by the Australian Institute for Landscape Architecture.

2018 Project of the Year Community Category Winner for the new Oran Park library awarded by Western Sydney Leadership Dialogue.

Development Excellence Award for Affordable Housing Development 2018 for Harts Landing in our Thornton project (Award application lead by notfor-profit Community Housing Provider Evolve Housing and PAYCE).

Honourable Mention at The International Design Awards held in Los Angeles for OVO at Green Square town centre (joint application with Mirvac and FJMT Architects).

6 Star Green Star Communities rating representing ‘World Leadership’ excellence in sustainable development awarded to Green Square town centre. This achievement reflects successful collaboration with our development partner Mirvac and the City of Sydney as well as other town centre developers.